AMP Capital introduces fossil fuel screeningBY JAMES FERNYHOUGH | WEDNESDAY, 28 MAY 2014 12:35PMAMP Capital has announced it will screen out companies with a material exposure to fossil fuels in its Responsible Investment Leaders (RIL) range of funds, in response to client demand. Related News |
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Does this mean that they don't want to enable the hundreds of millions of homeless people have access to clean water (water purification requires electricity) or electricity, hot food and if they are lucky enough, a toilet? The over-reliance on solar and wind saw many Germans nearly freeze to death during last year's winter as there was no sun nor was there any wind and they almost ran out of power. It's about a combination. There's no good turning your back on coal fired power stations, they are needed.
@ Dennis Rodman:
You're talking complete nonsense. It might be helpfull to check some more reliable sources of information on the 'Energiewende' here in Germany, rather than the pro-carbon propaganda of the Murdoch media empire..
Good luck, mate!
Well, Rod, that's a great story... except it never happened. The outage you probably are referring to, at Hannover - was caused by a malfunction at one of Germany's remaining COAL FIRED power plants. Look, if you want to keep investing in the fossil fuel industry go right ahead, but don't be surprised when your share portfolio takes a massive hit in the near future.