Site Loader
Clean tech

UBC Faculty Joins Other Prestigious Universities Calling for Fossil Fuel Divestment

The University of British Columbia is following the lead of faculty and students at Harvard University, the University of California, Stanford University and many other universities across North America. Also of note, Norway’s sovereign investment fund, the largest in the World @ $1.3 Trillion, has already made the decision to divest. The current fossil fuel market collapse and likely long term instability is prima facie evidence of the need for divestment, and to prevent further increases in carbon emissions.

Investment

UBS Back In The News: Tax Evasion Scheme, LIBOR, and Arbitrage Fraud

UBS has confirmed it is being investigated by US authorities into whether it helped Americans evade taxes through investments banned in the US. The Swiss bank said US regulators were investigating potential sales of so called “bearer bonds”. These bonds can be transferred without registering ownership, enabling wealthy clients to potentially hide assets. The fresh investigation by the US Attorney’s Office for the Eastern District of New York and from the US Securities and Exchange Commission comes after UBS paid $780m (£512m) in 2009 to settle a separate Justice Department tax-evasion probe.

Europe

Norway Sovereign Wealth Fund Drops Coal and Tar Sands Investments

Norway’s Government Pension Fund Global (GPFG), worth $850bn (£556bn) and founded on the nation’s oil and gas wealth, revealed a total of 114 companies had been dumped on environmental and climate grounds in its first report on responsible investing, released on Thursday. The companies divested also include tar sands producers, cement makers and gold miners.
As part of a fast-growing campaign, over $50bn in fossil fuel company stocks have been divested by 180 organisations on the basis that their business models are incompatible with the pledge by the world’s governments to tackle global warming. But the GPFG is the highest profile institution to divest to date.

Global

FCC To Propose Strong Net Neutrality Rules

In an extraordinary turn of events, the U.S. Federal Communications Commission appears set to implement strong new rules, later this month to enforce Net Neutrality on the Internet. If the new rules are implemented, it will have major favorable implications for future global Internet policy with the International Telecommunications Union in Geneva, Switzerland. This means simply that all traffic on the Internet will be treated equally and fairly, which is one of the founding principles of the Internet, since its invention by Sir Tim Berners-Lee, Vin Cerf and others back in the 1980’s.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 338 other subscribers

Category Cloud

5G advanced semiconductor technology Alberta Anonymous Argumentation & Debate Artificial Intelligence Asia Augmented Reality autonomous vehicles Banking and Investment Big Data Big Ideas Blockchain Brazil British Columbia Business Ethics Canada Canadian innovation Canadian venture capital Carbon Career Development Charlie Hebdo China China Clean tech Climate Change Research Communication Computer graphics Corporate Culture Corporate Fraud Corporate governance Covid-19 Cryptocurrencies Cuisine cyber attacks Cyber Intelligence Data Analytics Database Architecture Database Management Data Centers Data mining Derivatives Digital Currencies Donald Trump e-commerce e-learning Earth Hour Economy Economy Education Enactus Energy Efficiency Energy harvesting Energy Harvesting Entrepreneurship entrepreneurship@UBC Environment and Lifestyle eReaders Espionage Ethics Europe existentialism Faculty of Management Financial markets Flash trading Flywheel Foreign Exchange France France and My French Culture French Tech Gaming gender issues Global Global Climate Change Global Culture Globalizatgion Globalization Global politics Global Populism Google Hacking Higher Education hippies home automation Home automation home office Housing market Human Resources India Industry Analysis Industry Standards Industry Trade Shows Innovation Interactive TV International Business International Relations Internet Infrastructure Internet infrastructure Internet of Things Internet Privacy Internet Security Internet Traffic Policy Management Investment IoT ISIS IT Management Jazz Julian Assange La French Tech Law Enforcement Leadership LIBOR life Lyft management Marketing mayo615 Mayo615 Technology Partners memristors Mergers & Acquisitions Mobile Mobile OS Monopoly Montana Near field communication Negotiation Net Neutrality New Zealand New Zealand Economy NSA Nuclear Fusion Online Education PC PC Personal Stuff Photography Physics Politics Privacy Product Marketing Product Vision Provence public relations Quantum computing quantum computing quantum encryption Quantum physics Quantum physics Racism Renewable Energy RFID ride sharing Rugby Rugby League Rugby Union Russia San Francisco 49'ers San Francisco Bay Area San Francisco Giants Sauder School of Business Science and Technology Search Engine Optimization Semiconductors sexual harrassment Sharing Economy Silicon Valley Silicon Valley Culture Smart Grid Smart meter Smart Mobile Social entrepreneurship Social Media social media Social Media Marketing Software Development Strategic Inflection Points Strategy Sub-prime mortgage Super Bowl Supercomputers Surfing Sustainability Tax havens Technology Assessment Telecommunications telecommuting Terrorism The Cloud The Cloud Total Online Presence Travis Kalanick UBC Uber Uncategorized United States User Interface Vancouver Venture Capital venture capital Videoconferencing video conferencing Virtual Reality Water Wifi Wikileaks Wine wireless data communication Work From Home World Wide Web
ArabicChinese (Simplified)DutchEnglishFrenchGermanHindiJapaneseKoreanSpanish