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Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media


Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.



Amsterdam to ban petrol and diesel cars and motorbikes by 2030
2019-05-03, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2019/may/03/amsterdam-ban-petrol-diesel-car...

Cars and motorbikes running on petrol or diesel will be banned from driving in Amsterdam from 2030. The city’s council plans to phase in the change as part of a drive to clean up air pollution, which the authorities blame for shortening the life expectancy of Amsterdammers by a year. “Pollution often is a silent killer and is one of the greatest health hazards in Amsterdam,” said the councillor responsible for the city’s traffic, Sharon Dijksma, announcing the municipality’s decision. From next year, diesel cars that are 15 years or older will be banned from going within the A10 ring road around the Dutch capital. Public buses and coaches that emit exhaust fumes will no longer enter the city centre from 2022. By 2025, the ban will be extended to pleasure crafts on its waters, mopeds and light mopeds. All traffic within the built-up area must be emission-free by 2030 under the Clean Air Action plan. The city plans to encourage its residents to switch to electric and hydrogen cars by offering charging stations to every buyer of such a vehicle. It is hoped that the second-hand electric car market will blossom in the coming years. There will need to be 16,000 to 23,000 charging stations by 2025 to make the project viable – up from the current 3,000 in the city. In January 2018, the Dutch health council called on the government to devise an ambitious strategy to improve air quality in the Netherlands, warning that the “blanket of pollution” would cause major health problems in the country.

Note: For more on this inspiring news, see this article and this one. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Chicagoan, 98, donates Walgreens shares he bought decades ago — now worth $2 million
2017-06-03, Chicago Tribune
https://www.chicagotribune.com/business/ct-walgreens-2-million-stock-donation...

Nearly 70 years ago, a young Russ Gremel decided to buy about $1,000 worth of stock in a Chicago-based pharmacy chain. As Gremel grew older, that pharmacy chain, Walgreens, grew exponentially. By the time Gremel hit his late 90s, the stock was worth more than $2 million. Still, he didn't cash out. Instead, the now 98-year-old Chicagoan donated the stock to the Illinois Audubon Society, which is using it to help establish a nearly 400-acre wildlife refuge. Though he never discussed his wealth, those who know Gremel say his donation isn't surprising. He's a man with a "big, open heart," said Jack Henehan, one of the many men who was a Boy Scout during Gremel's more than 60 years as a scoutmaster. Another former Scout turned lifelong friend, Dr. Steven Bujewski, 57, said the stock donation is nice, but not as impressive as the time Gremel spent leading his Boy Scouts. "The gift that he has given to thousands of kids through Scouting and the influence it's had on their lives, I think that's 100 times more valuable," Bujewski said. Though Scouting was a big part of his life, Gremel said he chose to donate to the Illinois Audubon Society because of its relatively low administrative overhead and his love of nature. The society had been keeping an eye on a 395-acre property near Amboy and Dixon for some time, and Gremel said he wanted the money to be used to help people enjoy nature. It proved to be a good fit.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Adorable moment a beluga plays rugby with a group of South African supporters just days after their World Cup win
2019-11-07, Daily Mail (One of the UK's most popular newspapers)
https://www.dailymail.co.uk/news/article-7662865/Beluga-whale-spotted-playing...

A beluga whale has been filmed passing a rugby ball back and forth with crew on a passing boat. The whale was filmed approaching the South African Gemini Craft boat in the Arctic Ocean near the North Pole. A member of the boat's crew threw a rugby ball out the to the whale. The animal grabbed the ball in its mouth before swimming back to the boat. The video has been viewed more than one million times since it was uploaded to Facebook and the footage has spread like wildfire across numerous sites such as Reddit. A number of amazed people have left comments in disbelief of the beluga whale's skills. 'I can't believe what I'm seeing,' one person said. Another one commented: 'How many people can say they've played fetch with a beluga?' The Gemini Crew had earlier been sailing near the Norwegian town of Hammer fest, which recently gained media attention about a possible Russian spy whale swimming in its waters. Russia is understood to have moved a pod of beluga whales to a secret Arctic base before one of the sea creatures reportedly swam to Norway. A beluga was found wearing a harness marked 'equipment of St Petersburg' around the area in April. The sea creature, which had the harness for a camera, was hanging around the port performing tricks for locals in return for food, with many residents joking he had 'defected'. Russia has dismissed claims its 'spy whale' was caught snooping on the fishing vessels of a NATO country.

Note: Don't miss the incredible video of this amazing event. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Do Art Lovers Live Longer?
2019-12-23, Psychology Today
https://www.psychologytoday.com/us/blog/the-athletes-way/201912/do-art-lovers...

People who engage in arts-related cultural activities such as going to museums or musical concerts may have a lower risk of dying prematurely, according to a new study by researchers from University College London (UCL). The UCL researchers found a substantial reduction in early mortality among older adults who engaged in cultural activities. After a variety of confounding factors (e.g., socioeconomics, occupational status) were taken into account, those who participated in cultural activities "every few months or more" had a 31 percent lower risk of premature death. This "arts engagement and mortality" analysis spanned 14 years and involved nearly 7,000 older adults. Study participants self-reported the frequency of their arts engagement and cultural activities such as going to museums, art galleries, concerts, and the theater. Daisy Fancourt and Andrew Steptoe co-authored this paper. Part of the link between longevity and arts engagement is attributable to the socioeconomic advantages of those who have the leisure time and financial resources to engage in cultural activities regularly. That said, Fancourt and Steptoe report that arts engagement may have a protective association with longevity that transcends socioeconomics or occupational status. According to the authors, "This association might be partly explained by differences in cognition, mental health, and physical activity among those who do and do not engage in the arts, but remains even when the model is adjusted for these factors."

Note: See the BMJ study on this webpage. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


A humpback whale population has come back from the brink
2019-10-16, USA Today
https://www.usatoday.com/story/news/nation/2019/10/16/good-news-humpback-whal...

After being almost wiped out by whaling in the 20th century, a humpback whale population off the coast of South America has come back from the brink of extinction. In the late 1950s there were only 440 western South Atlantic humpbacks left. Protections were put in place in the 1960s. At first they didn't seem to be rebounding, but a study published Wednesday finds that to the surprise of scientists the population is now up to an estimated 25,000 whales. That's almost as many as researchers estimate there were before whaling began in the 1700s. Scientists were thrilled to realize how fast and how well the population has recovered after whaling finally stopped for good in the 1970s. “This is a clear example that if we do the right thing then the population will recover,” said Alexandre Zerbini, a whale expert with the Seattle Marine Mammal Laboratory of the National Marine Fisheries Service. The scientists estimate the humpbacks are at about 93% of their pre-whaling population. The research was published Wednesday in the journal Royal Society Open Science, a peer-reviewed scientific journal. There are 16 populations of humpbacks around the world. Four of them are considered endangered and one is threatened. The global population has been rebounding since whaling was banned in the 1970s. It's estimated there are currently between 120,000 and 150,000 humpbacks.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Man pays utility bills for 36 families about to lose heat over the holidays
2019-12-19, Today.com
https://www.today.com/news/florida-man-pays-utility-bills-36-families-about-l...

Decades ago when Mike Esmond was raising his young family, they struggled to pay their heating bill. Decades later, he was reminded of that very cold Christmas as he opened his gas and water bill earlier this month. He noticed the due date was Dec. 26. “That made something pop into my mind, that people have to pay these bills by Dec. 26,” he said. “If they don’t pay them, they’re going to be disconnected, and they’re not going have gas or water for the holidays.” As that realization dawned on him, Esmond decided to take action. Now a 73-year-old successful business owner, he was in a comfortable position to help. He went to the city of Gulf Breeze, Florida — where he lives — and asked them to put together a list of all the people that were slated to have their gas and water shut off by that Dec. 26 date. Esmond said they told him a total of 36 families needed his help, so he decided to pay off their bills for around $4,600. “When I did this, I didn’t even know that the city was going to do what they did!” he laughed. “The ladies in the billing department actually used their computers to make up a Christmas card and they sent it out to all the people that were expecting their gas to be disconnected.” The card wished folks a “happy holidays” on the front in cheerful red and green, but it was the note on the inside that has struck a chord: “It is our honor and privilege to inform you that your past due utility bill has been paid by Gulf Breeze Pools & Spas. You can rest easier this holiday season knowing you have one less bill to pay.”

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


News got you down? Fear not, Harvard professor tells U.N., the world really is getting better
2019-05-22, CBS News
https://www.cbsnews.com/news/harvard-steven-pinker-says-world-getting-better-...

Diplomats at the United Nations got a dose of data-driven positivity this week from Harvard psychology professor Steven Pinker, who delivered a history lesson to prove the human condition is actually more peaceful and more prosperous than ever before. The world, Pinker told the gathering of officials ... is a better place than ever, but our perspective - and the way the news media convey events - needs to change. Pinker's most recent book, "Enlightenment Now: The Case for Reason, Science, Humanism and Progress," presents facts that demonstrate how life around the globe, statistically, is improving. The psychologist measures a range of qualities to define progress; life, health, sustenance, prosperity, peace, freedom, safety, knowledge, leisure, happiness. As those have increased over time on aggregate, Pinker argues, humanity is making progress. His data paint a clear picture, over the course of centuries, of life expectancy increasing, deaths by famine falling, the world's gross earnings rising and extreme poverty falling. Pinker said the world has become freer, too, with dictatorships and autocracies decreasing in number. Pinker concluded in his remarks that we are collectively depressing ourselves for lack of a complete, fact-based view with full appreciation for what came before. He said the media and intelligentsia have been complicit in the depiction of modern Western nations as unjust and dysfunctional.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Remembering Hans Rosling, the visualization pioneer who made data dance
2017-02-08, Washington Post
https://www.washingtonpost.com/news/wonk/wp/2017/02/08/remembering-hans-rosli...

Professor Hans Rosling, the statistician and epidemiologist who brought dramatic flair to animated visualizations of dry public health data, has died. For much of the public not steeped in the arcana of epidemiological data sets or data visualization techniques (a.k.a. normal people), Rosling burst onto the scene in 2010 as part of the BBC special “The Joy of Stats.” “Hans Rosling's famous lectures combine enormous quantities of public data with a sport's commentator's style to reveal the story of the world's past, present and future development,” the BBC wrote at the time. Rosling's work was a driver of some of the explosion of interest in data visualization in the news and nonprofit sectors starting in the early 2000s. His BBC special and TED Talks sparked an interest in “storytelling with data,” rather than just with words. Not every data set tells as clear or compelling a story as Rosling's wealth and life expectancy numbers. Rosling's genius wasn't just in the flashy presentations he gave. It also derived from knowing exactly what type of data would lend itself to such flair. The other thing Rosling's moving chart did incredibly well was to allow viewers to grapple with multiple dimensions simultaneously, with ease. The loss of Rosling hurts especially in this moment, as politicians and media outlets wrestle over what's fake and what's real. Above all Rosling was an advocate for a “fact-based worldview,” one which his family says they'll carry on at the foundation he started.

Note: Don't miss this awesome 5-minute video by author Hans Rosling showing the detailed statistics in a most entertaining way. For more see the many TED talks he gave.


Giving Machines Expand 2019 Footprint, Raise Millions For Global Charities
2019-12-03, Forbes
https://www.forbes.com/sites/chrisstrub/2019/12/03/givingmachines/

Pedestrians in 10 cities worldwide this holiday season have a chance to give in a whole new way, thanks to a set of innovative “Giving Machines” placed by the Church of Jesus Christ of Latter-Day Saints. The rollout of the machines has been staggered since mid-November, with the final two machines set to be revealed today in New York City (Manhattan New York Temple) and London (Hyde Park Visitors’ Center). ‘Items’ in the machine range from $2 to $320, and include food, clothing, medicine, hygiene supplies, sporting equipment and livestock. According to a press release from the church, items will be supplied through partner charities such as UNICEF, Church World Service, WaterAid, Water For People, and International Medical Corps. This is the third year for the giving machines; in 2018, they raised more than $2.3 million for local and global charities. The church’s website includes a live running total of donations, which have already exceeded $650,000 at press time. The machines are the focus of the church’s #LightTheWorld social media campaign, “encouraging people to perform instant acts of service that make a difference in others’ lives.” The machines do not take any fees—all donations go directly to partner charities for the purchased item, or for items or services of greater need based on their discretion. “These Giving Machines are an example of the big things that can happen when many people give just a little,” [said] Sister Bonnie H. Cordon, Young Women general president.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Better Angels group puts Democrats and Republicans, Trump supporters and immigrants, in the same room to listen to each other
2018-07-25, ABC News
https://abcnews.go.com/Politics/angels-group-puts-democrats-republicans-trump...

Greg Smith and Kouhyar Mostashfi are perhaps two of the strangest political bedfellows imaginable. Smith, a retired police chief and construction worker from rural southwest Ohio, is a devout evangelical Christian and ardent Trump supporter. Mostashfi, on the other hand, is an Iranian immigrant who works as a computer engineer in suburban Dayton and is an active member of the local Democratic Party. And yet, these two men with seemingly irreconcilable differences became friends through a group called Better Angels, which brings Republicans, Democrats and independents together with the goal of depolarizing America. The group got its name from President Abraham Lincoln's first inaugural address. Delivered in the middle of the Civil War, Lincoln told his fellow Americans: "We are not enemies but friends" and appealed to the "better angels of our nature." That appeal for national unity resonated with Smith and Mostashfi when they met at their first Better Angels gathering. "When you get past the stereotype part of everything, you've got it beat," Smith said. "It was nice to also see this other side [and] that he wants to listen to me and learn about my background," Mostashfi said. The founder of Better Angels said the group was growing faster than he'd anticipated. In the 18 months since it started, the group says it has 3,100 members nationwide and is adding more.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Better-Angels.org bridging the political divide
2019-04-10, CBS (Charlottesville affiliate)
https://www.cbs19news.com/content/news/Better-Angelsorg-bridging-the-politica...

Better Angels is a citizens' organization that aims to unite red and blue Americans in a working alliance to depolarize America. We try to understand the other side's point of view, even if we don't agree with it. We engage those we disagree with, looking for common ground and ways to work together. We support principles that bring us together rather than divide us. Meetings frequently include five to eight Republican-leaning citizens ("Reds") and five to eight Democratic-leaning citizens ("Blues") who gather together for a half-day or full-day of structured conversations. Independents are also welcome to attend. We only ask that for the purposes of the workshop they identify as leaning either Red or Blue or attend as observers. There are two types of Red/Blue workshops: three-hour workshops that cover two exercises, and six-hour plus lunch workshops that cover all four exercises. Two moderators, trained by Better Angels, lead the workshop, ensuring that ground rules are followed and that everyone is treated respectfully. The stereotypes exercise has red and blue groups generate, discuss, and report back on the most common false stereotypes or misconceptions of their side, why these stereotypes are wrong, what is true instead, and whether there is a kernel of truth in the stereotype. Red/Blue workshops [are held] so that citizens of different political beliefs and different backgrounds can get to know each other as individuals and begin to heal the divisions that are endangering our country.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


How to Get Trump Voters and Liberals to Talk: Don’t Make Anyone Sit in a Circle
2019-11-03, New York Times
https://www.nytimes.com/2019/11/03/us/trump-voters-liberals.html

When four Republicans and five Democrats got together at a high-end condominium complex to talk for seven hours in San Francisco this fall it was such a curiosity that a crowd of more than a dozen gathered just to watch. The host was a nonprofit called Better Angels, which is putting on half a dozen events around the country every week through the election. The polarized were at a square table supervised by two moderators, a therapist and a retired psychiatrist. They were mostly in their 50s and 60s, and wore red and blue name tags to correspond with their political leanings. The moderators referred to them as the reds and the blues. The conservatives were surprised the liberals thought at all about religion. The liberals were surprised the conservatives were so anxious about being seen as racist. Over a lunch break ... the two groups stayed largely separate. Many of the blue side said they came just for the opportunity to meet and question someone who disagreed with them politically. “Outside of this group, I’ve got no Republican friends,” said Monty Worth. People on the red side said they came to the workshop to be in a safe space where they could be open about their politics and argue their case. After the 2016 election, [David Blankenhorn] and two friends got together and led the first Better Angels workshop in Ohio. Now more than 15,000 people have gone through one of their programs (8,000 have joined as dues-paying members), and the group has trained more than 620 volunteer workshop moderators.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Federal Court: First Amendment Protects Sharing Food With Homeless People
2018-08-27, Forbes
https://www.forbes.com/sites/nicksibilla/2018/08/27/federal-court-first-amend...

The 11th U.S. Circuit Court of Appeals ruled on Wednesday that feeding the homeless is “expressive conduct protected by the First Amendment.” The decision revives a challenge brought by a local chapter of Food Not Bombs, which sued Fort Lauderdale, Florida for requiring a permit to share food in public parks. Originally started in the early 1980s by anti-nuclear activists in Cambridge, Massachusetts, Food Not Bombs protests war and poverty. Today, this network of social justice pacifists claims over 5,000 chapters worldwide. Writing for the court, Judge Adalberto Jordan explained that for the Fort Lauderdale chapter, “providing food in a visible public space” is “an act of political solidarity meant to convey the organization’s message.” But in October 2014, Fort Lauderdale enacted an ordinance that bans sharing food in public parks, unless the hosts obtain a “conditional use permit” from the city. In February 2015, Food Not Bombs sued the city. Having ruled that Food Not Bombs does have a First Amendment right to share food, the 11th Circuit sent the case back down to the lower court. “The court’s opinion recognized sharing food with another human being is one of the oldest forms of human expression,” said Kirsten Anderson, litigation director at the Southern Legal Counsel and lead attorney on the case. “This decision strengthens our message to cities across the country that they need to invest in constructive solutions to homelessness instead of ... punishing people who seek to offer aid.”

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


The Netherlands is paying people to cycle
2018-12-21, CNN News
https://www.cnn.com/travel/article/netherlands-cycling/index.html

With 17 million residents and 23 million bicycles, the Netherlands already has more bikes than people. Now, it wants to get even more cyclists on the roads - and will pay people to do it. The Dutch government recently announced that it will invest $390 million (345 million) in cycling infrastructure to get 200,000 more people commuting by bike in three years' time. Fifteen routes will be developed into "cyclist freeways" (highways that cater to those on bikes), 25,000 bike parking spaces will be created and more than 60 bike storage facilities will be upgraded, according to the Ministry of Infrastructure and Water Management. "My ambition is to ensure that people can easily get to work or school, or visit family and friends," says Stientje van Veldhoven, state secretary for that department, who is spearheading the project. To get people to ditch their cars, money is being laid on the table. The Netherlands currently rewards commuting cyclists with tax credits of $0.22 (0.19) per kilometer. Companies and employees would agree on the distance of a person's cycling route. However, this is currently a little-known benefit not supported by many employers, according to the infrastructure ministry. That's something the government is hoping to change by better promoting the scheme and getting more companies on board. There are already 11 major employers in the Netherlands committing to measures such as financing employees' bikes.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


This Could Be The Most Progressive Country On Earth
2018-10-24, Huffington Post
https://www.huffpost.com/entry/new-zealand-progressive-paid-leave-environment...

When 6-year-old Eddie Writes decided the world needed a little more kindness, he did the only thing he thought would work ― he wrote to his city’s mayor and asked for help putting on an annual “Kindness Day.” Much to Eddie’s surprise, Wellington Mayor Justin Lester wrote back. On Nov. 16, New Zealand’s capital city will be holding its first Manaaki Day (manaaki being the Maori word for kindness), taking Eddie’s ideas of how to encourage and celebrate charitable acts ― “We can buy toys for children that don’t have any,” for example ― to improve the social well-being of citizens. The mayor’s support for the new holiday is part of a new wave of progressive, child-centred politics sweeping New Zealand, led by Prime Minister Jacinda Ardern, herself a new parent. Ardern was met with thunderous applause at the United Nations last month for her speech calling for kindness and cooperation from world leaders. Watched by her partner and their then 4-month-old daughter, Ardern pledged New Zealand would be “a kind and equitable nation where children thrive, and success is measured not only by the nation’s GDP but by better lives lived by its people.” Ardern also has her sights on New Zealand’s growing housing affordability problems. The country’s housing market is heated, with home prices rising more than 60 percent in a decade. Ardern blamed speculation from overseas buyers. The government responded with a law that took effect Monday banning foreign buyers from purchasing existing properties.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


The Country Winning The Battle On Food Waste
2019-04-08, Huffington Post
https://www.huffpost.com/entry/food-waste-south-korea-seoul_n_5ca48bf7e4b0ed0...

Chung Sun-hee finely crushes eggshells, dries and saves her coffee grounds, and separates large vegetable offcuts into smaller pieces. Later, the 55-year-old professional translator will bury them in her backyard, in rotating plots. Chung is one of a growing number of city dwellers who are getting into urban farming, not just to grow their own vegetables, but also as an exercise in waste reduction. Her new habits reflect a larger change underway in South Korea’s densely populated capital. Once a city where unsightly and foul-smelling landfills loomed over entire neighborhoods, Seoul now operates one of the most rigorous food waste recycling programs in the world. The South Korean government banned sending food to landfills in 2005 and, in 2013, also prohibited the dumping of garbage juice (leftover water squeezed from food waste) into the sea. Today, a staggering 95 percent of food waste is recycled ― a remarkable leap from less than 2 percent in 1995. On Chung’s street, residents emerge at dusk to deposit small yellow bags into designated waste collection buckets. Since 2013, South Koreans have been required by law to discard food waste in these biodegradable bags, priced according to volume and costing the average four-person family about $6 a month. This tax pays for roughly 60 percent of the cost of collecting and processing the city’s food waste, according to government data.

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Washington State is First in the Nation to License Outdoor Preschools
2019-10-02, Newsweek
https://www.newsweek.com/washington-state-first-nation-license-outdoor-presch...

As nationwide interest in outdoor preschool programs increases, Washington is now the first state in the nation to officially license them. Washington's Department of Children, Youth and Families began to establish the pilot licensing standards in 2017 for outdoor preschools, nature-based early learning and child care programs. Outdoor preschools have been around for decades in places like Germany, Norway and Denmark. These programs were designed as a response to the trend of children spending very little time outdoors. "There's a beauty in being able to see kids run outdoors and look at slugs and take care of plants and animals," Hannah Kinney, outdoor preschool educator, told The Seattle Times. "You do see students that need that space to move their bodies and feel like they have that choice and ownership of their learning." Most outdoor preschool children spend the majority of their time outside, though many of the schools have an indoor option for a place to convene or emergencies. The children are outfitted at the beginning of the year with appropriate gear for every kind of weather. Activities can include daily hikes, identifying plants and animals, exploration and community-building. "They are learning all kinds of valuable principles about gravity, and texture, and shapes and colors and all the things you might expect to see in a preschool curriculum," the late Erin Kenny, founder of Cedarsong Nature School, [said]. "They are just doing it outdoors and at their own pace."

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Banks worth $47 trillion adopt new UN-backed climate principle
2019-09-23, CNBC/Reuters
https://www.cnbc.com/2019/09/23/banks-worth-47-trillion-adopt-new-un-backed-c...

Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking” principles to fight climate change on Sunday that would shift their loan books away from fossil fuels. Deutsche Bank, Citigroup, and Barclays were among 130 banks to join the new framework on the eve of a United Nations summit in New York aimed at pushing companies and governments to act quickly to avert catastrophic global warming. “These principles mean banks have to consider the impact of their loans on society not just on their portfolio,” Simone Dettling, banking team lead for the Geneva-based United Nations Environment Finance Initiative, told Reuters. Financing for oil, gas and coal projects has come under particular scrutiny as climate scientists step up calls to change the global economy’s deep reliance on fossil-fuels. The principles, drawn up jointly by U.N. officials and banks, require lenders to: Align their strategies with the 2015 Paris Agreement to curb global warming and U.N.-backed targets to fight poverty called the Sustainable Development Goals, set targets to increase “positive impacts” and reduce “negative impacts” on people and the environment, work with clients and customers to encourage sustainable practices, [and] be transparent and accountable about their progress. The principles’ main backers say the norms will encourage banks to pivot their loan portfolios away from carbon-intensive assets and redirect capital to greener industries.

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The University of California Is Dumping Fossil Fuel Investments
2019-09-17, Time/Associated Press
https://time.com/5679965/university-of-california-fossil-fuel-investments/

The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds because they are a financial risk, its top financial officers announced. “Our job is to make money for the University of California, and we’re betting we can do that without fossil fuels investments,” said an opinion article in the Los Angeles Times written by Jagdeep Singh Bachher, UC’s chief investment officer and treasurer, and Richard Sherman, chair of the Board of Regents Investments Committee. UC’s $13.4 billion endowment fund will be “fossil free” by the end of the month and its $70 billion pension fund “will soon be that way,” the article said. The article appeared the same day that UC announced its president and chancellors had signed a letter declaring a “climate emergency,” joining more than 7,000 colleges and universities around the world. The UC leaders agreed to increase climate research and environmental education and to achieve climate neutrality by 2025. “We have a moral responsibility to take swift action on climate change,” UC President Janet Napolitano said. The 10-campus system has been shedding fossil fuel investments for several years. It previously dumped several hundred million dollars’ worth of investments in coal, tar sands and companies building a Dakota-to-Illinois oil pipeline.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


First gas station in America to ditch oil for 100% electric vehicle charging opens in Maryland
2019-09-26, CNBC News
https://www.cnbc.com/2019/09/26/first-gas-station-to-ditch-oil-for-electric-v...

The first gas station in the U.S. that has been completely transitioned from a petroleum station to exclusively charging EVs opened Thursday in Takoma Park, Maryland. RS Automotives, the local gas station, has been around since 1958. Depeswar Doley, owner of the station since 1997, said he was already unhappy with the way oil and gasoline companies structure contracts — such as limiting the use of multiple suppliers, including clauses that extend contracts when a certain volume of sales is not met and limiting maintenance support. These business factors already were pushing him to consider other options. A nudge from his daughter was the final step in convincing Doley to make the switch to EV charging. “My daughter, who is 17, she is the one who convinced me after I told her that I was going to talk to the [Electric Vehicle Institute] guys,” Doley said. There are more than 20,700 registered EVs in Maryland, and the area also has an electric taxi service in need of more chargers for their business. The gas station conversion was jointly funded by the Electric Vehicle Institute and the Maryland Energy Administration, which provided a grant of $786,000. The station will feature four dispensers that connect to a high-powered, 200kW system. The system will allow four vehicles to charge simultaneously and reach 80% battery charge in 20 to 30 minutes. Drivers can go inside and sit in an automated convenience store with screens that allow drivers to track their vehicle’s charging progress.

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