Category : FFI Perspectives Toggle

Beesley’s Point: Energy Challenges, Failures and Contradictions

View of the boilers and stack (Photo credit: T Francis)   Lynn Connollly’s recent post on the Galapagos Islands prompted me to consider a recent family trip through carbon lenses. No one will confuse the Galapagos with Ventnor City, New Jersey, but a comparison turned out to be really interesting. South Jersey is home to the Pine Barrens, beautiful beaches bordered by boardwalks, and the Beesley's Point Generating Station (aka...

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Fossil Free Indexes US — Inside the Numbers: Part I

Research Brief Series The Fossil Free Indexes US (FFIUS) (and its companion total return index, the FFIUST) was
 created to provide investors of all stripes a way to pursue a low-carbon
 approach to portfolio management. Toward this end, constructing a
 broad-market large-capitalization stock index makes a lot of sense. The
 S&P 500 is an obvious choice as the starting point for creating such an
 index for US stocks. Applying a...

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Presenting the First US Broad Market Index ex Fossil Fuels

We are pleased to announce the launch of our first index, Fossil Free Indexes US (FFIUS). FFIUS is based on the S&P 500, screened to exclude The Carbon Underground 200, the world's largest public oil, gas, and coal companies ranked by the potential carbon emissions of their reported reserves. 350.org has adopted our list as the official list of the divestment movement. 0 What Else You Need to Know FFIUS is the first fossil free...

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The Existential Issue Of Our Age

"Climate risk is the existential issue of our age," warned Robert Rubin, former US Treasury Secretary and member of the Risky Business Risk Committee introducing the newly-released Risky Business: The Economic Risks of Climate Change in the United States  (June 2014). He also concluded that the actions of American business and government "are no way commensurate with the risks we face." The report is the first comprehensive effort to calculate...

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The Galapagos Islands: Energy Challenges, Successes, and Contradictions

In considering some of the challenges being faced in implementing renewable energy solutions, I began thinking of how this could be addressed in my next blog.  A recent trip to the Galapagos Islands provided me with the answer. The Galapagos Islands, one of the most unique places on Earth and the basis for Darwin’s theory of natural selection, was severely threatened in 2001 when the oil tanker Jessica ran aground and spilled approximately...

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A Doubtful Nation

Results of a Pew Research survey on perceived risks identified climate change as the top global threat, with international financial instability a close second. The survey was conducted in 39 countries among 37,653 respondents during the spring of last year. Perhaps most noteworthy among the results was the relatively lower percentage of U.S. respondents that identified global climate change as a threat when compared to the respondents of most...

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The Stranding Begins, in the Netherlands

The Groningen field, a 350-square-mile natural gas field in northern Netherlands, has its output cut by 20% by the Dutch government. According to this New York Times article, the field, which accounts for one third of the natural gas produced in the EU, is causing earthquakes of increasing intensity as the gas is extracted. The field is operated by a joint venture between ExxonMobil and Royal Dutch Shell, the fourth- and eighth-ranked companies,...

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Gazprom and the Price of Gas in China

Chayandinskoye field (photo by Gazprom) On May 21, Gazprom and China National Petroleum Corporation announced a 30-year gas deal. The details were not made public, but a virtual parade of numbers were: two world leaders, 10 years of negotiations, 2,500 miles of pipeline, $400 million dollars, 38 billion cubic meters of gas and one third of the Carbon Underground gas reserves. OK, I added the last one, but I'm making it public now. Here's what...

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Tale of Two Fossils: Why Separate Coal from Oil and Gas

The recent introduction of The Carbon Underground 200 attracted a lot of attention and raised a couple questions. Why 200? And why two lists? Both came up several times. As for the number of companies, it seems that having ten fingers and ten toes creates an unconscious human bias for ten and its multiples. Separating coal from oil and gas, though, was a conscious decision. The underlying basis for the Carbon Underground 200 is fossil fuel...

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The Coal Conundrum 101

To state the obvious, no one wants to sit in the dark. As the demand for energy grows, the supply of energy must also grow. And the demand for energy is growing rapidly, particularly in emerging markets. Coal remains one of the most readily available and scalable energy sources. All along the supply chain, coal is generally inexpensive compared to alternative energy sources and coal fired power plants can be constructed in a relatively...

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