Category : Energy, Natural Resources

(CBS News) Rare "firefall" phenomenon at Yosemite National Park

When the sun hits Horsetail Fall in Yosemite National Park at just the right angle, the falls light up as if on fire, attracting spectators from all over hoping to catch a glimpse of the phenomenon, CBS San Francisco reports.

Horsetail Fall is a small waterfall that flows over the eastern edge of El Capitan, the famous rock formation in Yosemite Valley.

For about two weeks in mid to late February, the setting sun creates a deep orange glow when it strikes the waterfall. That orange glow does not happen every year, as it depends on conditions like water flows, clouds and temperature.

Watch it all.

Posted in * Economics, Politics, * General Interest, * International News & Commentary, America/U.S.A., Energy, Natural Resources, Photos/Photography

(ACNS) Anglican Churches around the globe launch "JustWater"

Cathedrals and churches on four continents have come together to raise awareness and activism about water by launching the JustWater website. It’s an international initiative organised by St George’s Cathedral (Cape Town); St Paul’s Cathedral (London); St Paul’s Cathedral (Melbourne); and Trinity Church Wall Street (New York). The project aims to draw attention to the issues around water – whether these challenges are flooding, drought, rising tides or access to fresh water and sanitation. The Primate of Southern Africa, Archbishop Thabo Makgoba, is the keynote speaker at the launch of the initiative tonight (Monday) in London.

In the coming weeks, major events are scheduled to coincide with the season of Lent and around UN World Water Day on 22 March 2017 to support social justice efforts on water issues. Canon Heather Patacca, Precentor of St Paul’s Cathedral Melbourne, said “For many of us access to fresh water is something we take for granted unlike those who walk half a day to draw water from a well or stream. Nothing exists without water. Water raises issues of justice and equity but looks different in each local context.”

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, Energy, Natural Resources, Ethics / Moral Theology, Globalization, Religion & Culture, Theology

An American u've probably never heard of–John Arnold's War on Bad Science

Fortune Magazine once dubbed [John] Arnold “one of the least-known billionaires in the US.” His profile in the public consciousness is almost nonexistent, and he rarely gives interviews. But among hedge funders and energy traders, Arnold is a legend. John D’Agostino, former head of strategy of the New York Mercantile Exchange, says that in Arnold’s heyday, people in the industry would discuss him in “hushed and reverent tones.” In 2006, Centaurus reportedly saw returns of over 300 percent; the next year Arnold became the youngest billionaire in the country. “If Arnold decided he wanted to beat hunger,” D’Agostino says, “I wouldn’t want to bet on hunger.”

For all the swagger of that description, Arnold himself has virtually none. He is universally described as quiet and introspective. At Enron, a company famous for its brash, testosterone-laced cowboy culture, the perennially boyish-looking trader was reportedly so soft-spoken that his colleagues had to gather in close to hear him at restaurants. “People would read into it, and they would say he’s just being cagey,” D’Agostino says. “And then, after a couple of years, people were like, oh, no, he’s actually like that.”

Read it all from Wired.

Posted in * Culture-Watch, * Economics, Politics, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Science & Technology, Stock Market, Theology

([London] Times) Fracking is acceptable, says Church of England

The Church of England’s briefing paper was drawn up by its mission and public affairs council, led by Philip Fletcher, and its environment working group, chaired by the Bishop of Salisbury. It is being issued to environmental officers in every diocese and is intended to help to inform bishops and other leading clergy as the church is increasingly pressured by local campaigners to take a stand.

The document says fracking can be “a morally acceptable practice” if it forms part of a transition to a greener economy and is subject to robust regulation and planning procedures. “Having concluded that shale gas may be a useful component in transitioning to a low carbon economy, we are persuaded that a robust planning and regulatory regime could be constructed,” it says.

It also says it is “essential” that legitimate concerns of those who face disruption from fracking are heard and that “appropriate protections and compensation are in place”.

Read it all (subscription required).

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Religion & Culture, Science & Technology, Theology

Tuesday Mental Health Break–Plitvice Lakes National Park, Croatia

This is just lovely!

Posted in * Economics, Politics, * General Interest, * International News & Commentary, Croatia, Energy, Natural Resources, Europe, Photos/Photography

(Guardian) Texas scientist and evangelical takes to the web to convert climate cynics

Hayhoe is the director of the Climate Science Center at Texas Tech University in Lubbock, where she teaches and conducts research as an atmospheric scientist and an associate professor of political science.

As a Texas-dwelling, evangelical Christian, atmospheric scientist, Hayhoe can often win the ears of many religious communities, receive invitations to address students at Christian colleges, or have conversations with mega-church-going Republican climate cynics she otherwise mightn’t meet or who wouldn’t listen.

Her faith and, now, her web series, has led many people to tell her they had believed or suspected that human-influenced climate change was a liberal hoax but that she has changed their minds, she said.

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Posted in * Culture-Watch, * Economics, Politics, Energy, Natural Resources, Ethics / Moral Theology, Religion & Culture, Science & Technology, Theology

13 International Asset Owners Desire to Embed Climate Concerns in Investment Decisions

Thirteen leading international asset owners and five asset managers with over £2 trillion under management launched the Transition Pathway Initiative (TPI) today to better understand how the transition to a low-carbon economy affects their investments. The TPI will assess how individual companies are positioning themselves for the transition to a low-carbon economy through a public, transparent online tool. The heads of funds involved launched the Initiative this morning at the opening of the stock market at the London Stock Exchange.

The Initiative has been led by the Church of England’s National Investing Bodies and the Environment Agency Pension Fund in partnership with the Grantham Research Institute at the London School of Economics. Data has been provided by FTSE Russell.

Preliminary assessments released today include the oil and gas and electricity utilities sectors. As part of a phased rollout, management quality and carbon performance assessments of additional sectors and individual companies will follow in the coming months.

Read it all from the C of E.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Religion & Culture, Stock Market, Theology

(Church Times) Spring push to end fossil-fuel reliance

Churches, parishes, and indi­viduals will be urged next spring to join a global disinvestment mobil­isa­tion to end the dependence on fossil fuels.

The campaign Bright Now will launch the event next May to increase pressure on big investors to move their money away from coal, oil, and gas producers into green-energy technologies.

The campaign, which is run by a Christian charity that campaigns on climate change, Operation Noah, is putting together a resource for churches on how they can disinvest from fossil fuels and reinvest in renewable energy.

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Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Anglican Provinces, Anthropology, Charities/Non-Profit Organizations, Church of England (CoE), Consumer/consumer spending, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Parish Ministry, Religion & Culture, Stock Market, Theology

(Guardian) Two-wheel takeover: bikes outnumber cars for the first time in Copenhagen

Bicycle sensors in Copenhagen clocked a new record this month: there are now more bikes than cars in the heart of the city. In the last year, 35,080 more bikes have joined the daily roll, bringing the total number to 265,700, compared with 252,600 cars.

Copenhagen municipality has been carrying out manual traffic counts at a number of city centre locations since 1970, when there were 351,133 cars and 100,071 bikes. In 2009, the city installed its first electric bike counter by city hall, with 20 now monitoring traffic across the city.

Copenhagen’s efforts to create a cycling city have paid off: bicycle traffic has risen by 68% in the last 20 years. “What really helped was a very strong political leadership; that was mainly Ritt Bjerregaard [the former lord mayor], who had a dedicated and authentic interest in cycling,” says Klaus Bondam, who was technical and environmental mayor from 2006 to 2009 and is now head of the Danish Cycling Federation. “Plus, a new focus on urbanism and the new sustainability agenda broke the glass roof when it came to cycling.”

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Denmark, Energy, Natural Resources, Europe, Travel, Urban/City Life and Issues

Bp Robert Innes–All Saints’ Day: Life (and Death) in the Forest

It has been a glorious autumn, with wonderful blue skies, pinky-red sunsets and delightfully mild temperatures. Today is All Saints Day: a major public holiday in Belgium as in many Catholic countries. So what better than to head out into the forest to see the trees in all their autumn glory….

The vocation of most clergy, at least those who work in ”˜churches of the land’, is very much bound into the cycle of birth, life, maturing, dying and death. Baptisms, weddings, funerals ”“ the ”˜occasional offices’ ”“ take up a good part of the typical clergy week. This is less so for clergy in the Diocese in Europe serving diaspora congregations with less connection to a territory and its inhabitants. Whilst clergy in typical parish churches might expect to conduct two or (many) more funerals a week ”“ that’s less common in the Diocese in Europe.

My own life ”“ and here I am like many of the lay people in our diocese ”“ is lived to a considerable degree in environments far removed from the natural rhythms of the forest: offices, airports, hotels and the railway lines and roads that connect them. These environments are designed to feel comfortably the same 24 hours a day 365 days a year, with continuous lighting, constant Wi-Fi and non-stop coffee.

Living in these kinds of environments could lead us to minimise or even forget the profound cycle of change that is built into the natural environment.

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Posted in * Anglican - Episcopal, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), CoE Bishops, Energy, Natural Resources, Europe

(C of E) A boxing club, a beehive and an asylum drop-in centre benefit from a church's solar panels

A boxing club, a beehive and a drop-in centre for destitute asylum seekers are among projects that have benefitted thanks to income generated by solar panels on a church roof. Rev John Hughes of St John’s, Old Trafford, in Manchester, explains how a community energy project based at his church has served the whole community.

Listen to it all from stories worth sharing (about 12 1/3 minutes).

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), Energy, Natural Resources, England / UK, Ethics / Moral Theology, Parish Ministry, Theology

Nigerian Anglican Bishops to Militants – Shutting Economy Won't Address Your Grievances

Anglican Bishops in Nigeria on Wednesday appealed to the Niger Delta militants to stop the bombing of the oil facilities in their region, saying that shutting down the economy will not address their grievances.

They appealed to the militants to sheath the swords and give peace a chance in the interest of all Nigerians.

Delivering his opening address at the ongoing Church of Nigeria Standing Committee holding in Awka, the Primate of All Nigeria, Most Rev’d. Nicholas Okoh, appealed to President Muhammadu Buhari to convene a roundtable meeting between the government and them in order to address their grievances.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, Anglican Provinces, Church of Nigeria, Economy, Energy, Natural Resources, Ethics / Moral Theology, Nigeria, Politics in General, Theology, Violence

Tuesday Mental Health Break–The Spectacular Nothern Lights Over Finland

Posted in * Economics, Politics, * General Interest, Energy, Natural Resources, Photos/Photography

(FT) Churches put their faith in green energy

In some cases, churches had banded together to use their collective buying power to secure green energy tariffs from companies that bought or produced at least 80 per cent of their electricity from renewable sources, said Tim Gee, campaigns leader at Christian Aid.

A number had saved money but in certain instances this was because the churches had not switched suppliers in a long time, he said.

“The very cheapest electricity supplier is still fossil fuels,” he said, but the churches had still been able to obtain the cheapest available renewable energy tariffs.

The overriding reason for acting, he added, was to send a message to governments and investors that there needed to be a shift away from fossil fuels if the world were to avoid dangerous levels of climate change.

Read it all.

Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, Anthropology, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Parish Ministry, Religion & Culture, Stewardship, Stock Market, Theology

(WSJ) Ship Operators Explore Autonomous Sailing

“All hands on deck” may become a thing of the past.

Ship designers, their operators and regulators are gearing up for a future in which cargo vessels sail the oceans with minimal or even no crew. Advances in automation and ample bandwidth even far offshore could herald the biggest change in shipping since diesel engines replaced steam.

Ship operators believe more automation will enable them to optimize ship use, including cutting fuel consumption. “The benefit of automation is as an enabler of further efficiency across the 630 vessels we operate,” said Palle Laursen, head of Maersk Line Ship Management, a unit of cargo-ship giant A.P. Moeller-Maersk A/S.

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Posted in * Culture-Watch, * Economics, Politics, Anthropology, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Science & Technology, Theology

Charleston, Folly Beach consider curbing plastic bag use; could bring national fight to SC

Isle of Palms became the first town in South Carolina to ban plastic bags last year, and now Charleston and Folly Beach are looking to curb consumption of the single-use bags, possibly by banning them or imposing a fee at checkout counters.

In doing so they could bring the nationwide fight over plastic bags to South Carolina, which happens to be the headquarters of one of the largest packaging manufacturers in North America, a company leading the fight against such restrictions.

Folly Beach City Council is voting at its Aug. 9 meeting on whether to prevent the island’s merchants from distributing or selling plastic bags, and also Styrofoam coolers. Members of Charleston County and city of Charleston government, environmental groups and nonprofit organizations have joined forces on an online survey to gauge how the public feels about measures to curb plastic bag use.

Read it all from the local paper.

Posted in * Economics, Politics, * General Interest, * International News & Commentary, America/U.S.A., Animals, City Government, Consumer/consumer spending, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Politics in General, State Government, Theology

(BBC) South Sudan crisis: The wounds of war

It was bodyguards for opposition leader-turned first Vice-President Riek Machar and Mr Kiir’s presidential guards who fought each other, sparking days of violence earlier this month which killed many hundreds of soldiers and civilians.
Bizarrely, both leaders were inside the building at the time, as were the city’s press corps – they videoed themselves cowering as the gunfire erupted around them.
As the shooting stopped, the two men gave a joint press conference appealing for calm.
That the fighting continued for the next few days is either a sign they that do not control their troops, or they care more about settling scores than they do about their people.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --South Sudan, Africa, Defense, National Security, Military, Energy, Natural Resources, Ethics / Moral Theology, Politics in General, Sudan, Theology, Violence

(Vanguard) Nigeria can’t afford another war says Anglican Church leader

The Diocese of Abuja of the Church of Nigeria, (Anglican Communion), has said that the renewed pipeline vandalism in the Niger Delta, was not in the best interest of Nigeria. It therefore urged those behind the bombing of oil installations in the region to desist from the act. The Church called on the Niger Delta Avengers to cease hostility against the government while embracing dialogue, noting that Nigeria, currently engaged in many battles cannot afford to start another one with militants in the Niger Delta. The Primate Of The Church Of Nigeria (Anglican Communion) and Archbishop of Abuja Diocese, The Most Rev’d Nicholas D. Okoh, made this remark in his Presidential Address to the 3rd Session of the 9th Synod of Abuja Diocese, held at All Saints Church, Wuse. While urging the Federal Government to also tread cautiously in its attempts to resolve the growing crises in the Niger Delta, the Church called on it to seek collaboration with the host communities in its efforts to secure all pipelines.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Africa, Anglican Provinces, Church of Nigeria, Energy, Natural Resources, Law & Legal Issues, Nigeria, Police/Fire, Politics in General, Religion & Culture

(SJ) Bishop Nicholas Holtam calls for environmental issues to be debated ahead of EU referendum

The Bishop of Salisbury has called for environmental issues take a more prominent role in the debate over Britain’s future in the EU.

Rt Revd Nicholas Holtam said Britain has taken stand on the environment in recent years which has made other countries “clean their acts up”.

The Church of England speaker on climate change also called for the voices of younger voters to be heard ahead of the June 23 referendum.

“It is not the job of a Bishop to push people to vote in any particular way,” he said. “The scope of the debate, however, is something where I do have a duty to speak out.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), CoE Bishops, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Europe, Foreign Relations, Politics in General, Religion & Culture, Theology

(Reuters) Alberta wildfire near Enbridge crude oil tank farm: officials

A massive wildfire burning around the oil sands hub of Fort McMurray, Alberta, is about 1 km (1,094 yards) away from Enbridge Inc’s Cheecham crude oil tank farm, but is under control for now, emergency officials said on Monday.

The blaze near the tank farm was stable because the wind was cooperating as Enbridge’s industrial firefighters tackled the blaze, the officials said at a news conference.

The entire population of Fort McMurray, about 90,000 people, were forced to flee the Canadian city nearly two weeks ago as the uncontrolled wildfire raged through some neighborhoods and destroyed about 15 percent of structures.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Canada, Energy, Natural Resources, Law & Legal Issues, Police/Fire

(HP) Fort McMurray Fire Photos Show Incredible Power Of Historic Wildfire

An Alberta city is under the province’s largest fire evacuation order as a massive wildfire enveloped the region.

Approximately 88,000 residents of Fort McMurray and area were told to leave their homes Tuesday.

According to the Regional Municipality of Wood Buffalo, 80 per cent of the houses in the neighbourhood of Beacon Hill were destroyed by the powerful blaze.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Canada, Energy, Natural Resources, History, Law & Legal Issues, Police/Fire

C of E Church Commissioners receive investment awards and triple-A rating on climate change

The Church Commissioners for England have taken home two prizes at this year’s Portfolio Institutional Awards – the Best Charity / Fund / Trust Award for the first time since 2013, and the Best Implementation of Responsible Investment Award for the second year in a row.

The awards come as the Church Commissioners have also been given the highest AAA rating in this year’s Asset Owners Disclosure Project (AODP) Global Climate 500, coming 10th in the index. The rating recognises the work done by the Commissioners to mitigate the investment risks of climate change through engagement and shareholder resolutions, as well as the Commissioners’ support for low carbon investment.

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Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Provinces, Church of England (CoE), Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Religion & Culture, Stock Market, Theology

Canon Andrew White–An update from Iraq, Israel and Jordan

With temperatures in the region of 40C/100F, Iraq is in a terrible way, both politically and economically. The parliament has not been meeting, there are violent protests in Baghdad, and the oil revenue is starting to dry up. Despite this, we are still working on the front line. Yesterday, Dr Sarah Ahmed, FRRME’s Director of Operations in the Middle East, gave out 25 kg bags of flour to over 1,000 Iraqi IDP families in Erbil, Northern Iraq.

Read it all and do not miss the pictures.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, Economy, Energy, Natural Resources, Ethics / Moral Theology, Inter-Faith Relations, Iraq, Israel, Jordan, Middle East, Other Faiths, Religion & Culture, Theology, Violence

(Local Paper) Drilling off Southeast coast abandoned

The groundswell of residents who opposed opening the Lowcountry’s offshore waters to drilling for oil and natural gas had help from an unlikely white knight: the Navy.

Federal regulators Tuesday removed the Southeast coast from a proposed final ruling on leasing new areas for the work.

The ruling did open more of the Gulf of Mexico and the Arctic Ocean. It now goes to a 90-day public comment period and must be approved by Secretary of the Interior Sally Jewell.

The decision does not end the leasing process for seismic testing and exploratory drilling, but profit for that work is in fees paid by oil industry companies for the results, and the lease applications are widely expected to be dropped.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * South Carolina, America/U.S.A., Consumer/consumer spending, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Military / Armed Forces, Politics in General, Theology

(Sunday Telegraph) Iraq is running out of money to take on ISIS

Just as it is starting to turn the tide against Isil, Iraq is running out of money.

Behind the front lines of the Iraqi desert, where the Nineveh provincial police are training to retake their homes in and around Mosul, they are short of one thing: weapons.

“We have been regrouped here since the fall of Mosul,” said Major Ayman, standing over his line of men in blue uniforms. “We have been waiting here for five months but we have no weapons.”

Read it all.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, * Religion News & Commentary, Consumer/consumer spending, Corporations/Corporate Life, Defense, National Security, Military, Economy, Energy, Natural Resources, Ethics / Moral Theology, Iraq, Islam, Middle East, Other Faiths, Politics in General, Terrorism, Theology, Violence

(C of E Comm Blog) Edward Mason–Preparing for a low-carbon future

We’ve been at the heart of the ”˜Aiming for A’ engagement initiative, which successfully filed shareholder resolutions at the BP and Shell AGMs last year. These companies were keen to work with us and our partners, and recommended that shareholders approve the resolutions. The companies are now legally required to step up their reporting of their strategic response to the challenges ”“ and opportunities ”“ posed to their businesses by climate change. This was an excellent example of what investors and companies can achieve when they work together. On the back of similar engagement, Aiming for A has filed more resolutions in the UK mining sector for this year’s AGMs which have been received by the companies in the same spirit.

Sadly, not all companies are responding constructively to the urgent need to mitigate climate change. We’ve been working with the New York State pension fund in the US to file a resolution at ExxonMobil in the United States. Rather than working with us to provide the reporting that institutional investors require, Exxon have gone to the US regulator ”“ the Securities and Exchange Commission ”“ to try to get the resolution struck off so that shareholders do not get the opportunity vote on it at Exxon’s AGM later this year. This week New York State have written to the SEC to ask them to deny this request, and to make sure that shareholders can indicate to Exxon’s board their desire for fuller reporting on the implications of climate change policy.

We are extremely disappointed that even after the Paris climate change agreement ExxonMobil has contested the relevance of the resolution we have co-filed.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Corporations/Corporate Life, Economy, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Foreign Relations, Globalization, Law & Legal Issues, Politics in General, Religion & Culture, Stock Market, Theology

(Telegraph) Anthony Evans-Pritchard This is a global stock market rout worth celebrating

We toiling workers can allow ourselves a wry smile. For most of the last eight years the owners of wealth and inflated assets have had things their own way, while the real economy has been left behind.

The tables are finally turning. The world may look absolutely ghastly if your metric is the stock market, but it is much the same or slightly better if you are at the coal face.

The MSCI index of world equities has fallen almost 20pc since its all-time high in May of 2015, implying a $14 trillion loss of paper wealth. Yet the world economy has carried on at more or less the same anemic pace, and the OECD’s global leading indicators show no sign that it is suddenly rolling over now.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, China, Consumer/consumer spending, Corporations/Corporate Life, Credit Markets, Currency Markets, Economy, Energy, Natural Resources, Ethics / Moral Theology, Euro, Europe, European Central Bank, Federal Reserve, Foreign Relations, Globalization, Housing/Real Estate Market, Labor/Labor Unions/Labor Market, Personal Finance, Politics in General, Stock Market, The U.S. Government, Theology

(CP) Quebec Anglican diocese looks to secure future through ethical investing

There are a lot of empty pews in the Anglican Diocese of Quebec’s churches, but the treasury is fuller than it has been in years.
As shrewd investing is replacing weekly parishioner offerings as a main revenue source, the diocese is looking to ethical investment to build its portfolio in a socially responsible way that better reflects its values.
In December, the diocese completed the process of selling off its $1.72 million in fossil fuel investments and the $525,000 it had invested in gold and copper mining. In doing so, it added its name to the growing list of organizations that have chosen to divest from oil and gas over climate change concerns.
Bishop Dennis Drainville says the next step for the Quebec Anglicans is an investing shift to renewable energy.

Read it all.

Posted in * Anglican - Episcopal, * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Anglican Church of Canada, Anglican Provinces, Canada, Corporations/Corporate Life, Economy, Energy, Natural Resources, Ethics / Moral Theology, Parish Ministry, Religion & Culture, Stewardship, Stock Market, Theology

(Diocese of Oxford) St George’s leads the way in slaying the carbon dragon

After seven years of hard work St George the Martyr in Newbury is to become one of the first carbon neutral churches in the UK.

Of 16,000 CofE churches, St George’s is set to become one of the first to install and use a ground source heat pump, drawing heat from under the ground and eliminating the need for a gas boiler to heat the church. The Bishop of Reading, the Rt Revd Andrew Proud, joined in the drilling for the pump.

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Posted in * Christian Life / Church Life, * Culture-Watch, * Economics, Politics, * International News & Commentary, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Parish Ministry, Religion & Culture, Science & Technology, Theology

(Independent) Oxbridge academics demand end to fossil fuel investment

More than 300 eminent academics at Oxford and Cambridge have signed a joint statement calling on the institutions to pursue more “morally sound” investment policies that have no basis in fossil fuels.

The signatories, who include the former Archbishop of Canterbury Lord Williams and the Astronomer Royal Lord Rees, say that Oxford and Cambridge should put their multibillion-pound endowment funds to better use in the light of “looming social, environmental, and financial pressures”.

Read it all.

Posted in * Anglican - Episcopal, * Culture-Watch, * Economics, Politics, * International News & Commentary, --Rowan Williams, Archbishop of Canterbury, Corporations/Corporate Life, Economy, Education, Energy, Natural Resources, England / UK, Ethics / Moral Theology, Law & Legal Issues, Politics in General, Stock Market, Theology