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New principles regarding fossil fuels to guide Yale's endowment


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New principles regarding fossil fuels to guide Yale’s endowment
The Yale Board of Trustees last week approved a new set of ethical investment principles (PDF) to guide the university’s decisions concerning companies producing fossil fuels.
The five principles, recommended by an expert faculty panel appointed in October by President Peter Salovey, create new standards for the activities, behaviors, and characteristics of fossil fuel companies that would warrant divestment.
The principles establish a framework through which Yale can encourage fossil fuel producers to adopt more sustainable practices and advance the shift to a decarbonized energy future – and to call out and make ineligible for investment by Yale those companies that do not. ....

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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase


UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase
A recent collaborative study led by researchers from the University of Maryland (UMD) College of Agriculture and Natural Resources found that consumers tend to buy something less fuel efficient than they normally would for their second car after buying an eco-friendly vehicle. While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving the fuel efficient car for carbon emissions purely based on the purchase of the second vehicle.
Since about three-quarters of cars are purchased into multi-car households, these findings could have major implications for carbon emissions, and especially for the design of carbon mitigation programs like Cash-for-Clunkers and Corporate Average Fuel Economy (CAFE) standards that aren’t taking into account the decisions of consumers with multiple vehicles, the researchers s ....

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UMD study finds the fuel efficiency of one car may be cancelled by your next car purchase


Credit: Chuttersnap, public domain
In a recent collaborative study led by the University of Maryland (UMD), researchers find that consumers tend to buy something less fuel efficient than they normally would for their second car after springing for an eco-friendly vehicle. While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving your fuel efficient car for carbon emissions purely based on the purchase of your second vehicle. Since about three-quarters of cars are purchased into multi-car households, these findings could have major implications for carbon emissions, and especially for the design of carbon mitigation programs like Cash-for-Clunkers and Corporate Average Fuel Economy (CAFE) standards that aren t taking into account the decisions of consumers with multiple vehicles. ....

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