Investor Warning: Fossil Fuels and the Risk of Stranded Assets

It is becoming increasingly apparent that fossil fuels represent a substantial risk that should make investors wary. Fossil fuel reserves, including oil, gas and coal will be rendered obsolete in the coming decades, leaving investors holding valueless investments. A plethora of peer reviewed science tells us the curbing fossil fuel use is key to climate mitigation.

From widespread calamitous coastal flooding to devastating extreme weather events the need to urgently act on climate change has finally been accepted by every nation on earth. The economics of climate action is sound. A cost benefit analysis reveals the overwhelming logic. We must the eradication of fossil fuels as soon as possible. The impetus to act on climate change, once dismissed by some, is now a fact of life for all thinking people.

Video - McConnell Confirms the Koch Brothers Power Over America

Sen. Mitch McConnell's (R-KY) provides the smoking gun illustrating the Koch brothers control over America. These comments by one of their own are evidence for the Koch brothers insidious power. McConnell's remarks were recorded during a speech he gave at a secret strategy meeting hosted by the infamous climate denying oil billionaires known as the Koch brothers.

The Koch Brothers Control of America

Charles and David Koch are brothers and oil billionaires who have a long history of political interference and climate misinformation. Their multifarious support for fossil fuels has helped to slow America's adoption of renewable energy.

They have also undermined efforts to pass climate and energy legislation at both the state and national levels. They have even managed to influence the Supreme Court and help sour American attitudes on the veracity of global warming.

Video - Trailer for the Koch Brothers Documentary: Buying Democracy

This is the trailer for "Koch Exposed," a hard-hitting investigation of the 1% at its very worst from acclaimed director Robert Greenwald. Charles and David Koch are using their billions to put a stranglehold on American democracy. The film also explores what we can do about it. Click here to get the film.

Buying Support for the Keystone XL

US courts have cleared the way for wealthy oil industry elites to throw their massive financial weight behind candidates that support their interests. This includes the Keystone XL. While rich environmentalists are also free to do the same, they are nowhere near as numerous or as powerful as those who continue to earn billions from fossil fuels. 

___________________________________

Canada's Ruling Conservative Government is Trying to Silence American Scientists

Canadian scientists have been muzzled by Ottawa, now Harper's ruling Conservatives are trying to silence American researchers as well. In February, Postmedia News reported that the Department of Fisheries and Oceans demanded that scientists on a joint Canada-US Arctic research project sign a sweeping confidentiality agreement.

One American oceanographer researching climate change project said the Canadian federal government is limiting his academic freedom.

According to a 28-page report from.Democracy Watch and the University of Victoria’s Environmental Law Centre access to scientific information is now controlled by the government's media relations offices. Media relations now decide who researchers are allowed to talk to, and they routinely deny interviews. When they are permitted to speak they are given scripts containing ‘approved lines.’