On the Blogs: D.C. Pension Fund Is Latest to Divest From Fossil Fuels

first_img FacebookTwitterLinkedInEmailPrint分享Zahra Hirji for InsideClimate News:The District of Columbia Retirement Board (DCRB) spent the last few years quietly selling off $6.5 million in oil, natural gas and coal investments, amounting to a mere one-tenth of 1 percent of the organization’s total holdings, but made the public announcement at a press conference on Monday.While other American cities including San Francisco have pledged to clear their pension funds of fossil fuels, Washington D.C. may be the largest fund in the nation to complete this step, though the amount divested was small. The DCRB joins more than 500 cities, philanthropies, universities and other organizations worldwide with assets totaling more than $3.4 trillion that have divested from at least some fossil fuels or pledged to do so.“This is a decision that is morally and ethically the right thing” from a climate perspective, said D.C. council member Charles Allen at a recent press conference. “It is also financially the right thing,” he added.Some of the companies culled from the D.C. pension fund include Peabody Energy and Arch Coal, which both filed for bankruptcy this year, as well as ExxonMobil Inc., an oil giant being investigated by several attorneys general for possibly misleading the public and shareholders on the business risks associated with climate change.Washington D.C. Pension Fund Announces Full Fossil Fuel Divestment On the Blogs: D.C. Pension Fund Is Latest to Divest From Fossil Fuelslast_img read more

Men’s hockey: Badgers look to ride momentum from Border Battle into Columbus

first_imgUniversity of Wisconsin men’s hockey coach Tony Granato seemed optimistic about his team’s weekend performance and excited for the week ahead of the Badgers as he addressed the media Monday.The Badgers are coming off a 1-1 weekend as they split games with the No. 6 Golden Gophers. Both games featured slow starts for Wisconsin followed by steady improvement as the games progressed.“Both of the games were the slowest starts we’ve had,” Granato said.Men’s hockey: Badgers upset Minnesota in weekend Border BattleThe University of Wisconsin men’s hockey team earned an impressive four points against No. 7 University of Minnesota with an Read…The Badgers’ head coach went on to cite respect, among other things, as potential reasons for the slow starts. Respect was also the word the ex-New York Ranger used to describe his fourth line and the intensity of competition in each practice.He accredited a lot of the team’s success over the weekend and throughout the season to the fourth line and the constantly evolving Matt Ustaski.Granato was impressed with the development and maturity of Ustaski, a junior forward from Glenview, Illinois. Ustaski is a big part of the fourth line even as his coach hinted toward his potential to climb higher in the rotation in the future.Wisconsin now turns its attention toward No. 8 Ohio State University with a series against a strong Buckeyes team up next. The matchup locations are split, with one in Columbus Thursday and the second at historic Madison Square Garden in New York Saturday.Women’s hockey: Top-ranked Badgers tested but emerge victorious against North DakotaSaturday night was a prime example of a heated rivalry between the University of Wisconsin women’s hockey team and the Read…“There is still room for improvement as we move along,” Granato said. “I think we can do better against [OSU].”Madison Square Garden was also a popular topic as it is the location where Granato scored his first National Hockey League goal as a player.“I loved playing in the Garden, loved it,” Granato said. “It will be very special to our group.”The chance to play at not only an NHL arena but also one of the most storied venues in the country is an exciting concept for the Badgers, as well as a nostalgic experience for the man at the helm, who spent two years with the Rangers during his NHL career.The entire team must build off the success and momentum they have acquired in recent games with two tough games this week away from home.It could be a golden opportunity to further improve on a solid season to date as highly ranked OSU awaits them for two games this week.last_img read more