Lofoten Declaration
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Lofoten Declaration
The Lofoten Declaration, drafted in August 2017, is an international manifesto calling for the end of hydrocarbon exploration and further expansion of fossil fuel reserves for the purpose of climate change mitigation. It calls for fossil fuel divestment and phase-out of use with a just transition to a low-carbon economy. A diverse group of signatories has signed the declaration, affirming demands for early leadership in efforts from the economies that have benefited the most from fossil fuel extraction. The Declaration was named for the Lofoten Lofoten () is an archipelago and a traditional district in the county of Nordland, Norway. Lofoten has distinctive scenery with dramatic mountains and peaks, open sea and sheltered bays, beaches and untouched lands. There are two towns, Svolvà ... archipelago where public concern has successfully prevented offshore development of petroleum reserves. Signed by 600 organizations spanning 76 countries, the Declaration is believed to h ...
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Hydrocarbon Exploration
Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for deposits of hydrocarbons, particularly petroleum and natural gas, in the Earth using petroleum geology. Exploration methods Visible surface features such as oil seeps, natural gas seeps, pockmarks (underwater craters caused by escaping gas) provide basic evidence of hydrocarbon generation (be it shallow or deep in the Earth). However, most exploration depends on highly sophisticated technology to detect and determine the extent of these deposits using exploration geophysics. Areas thought to contain hydrocarbons are initially subjected to a gravity survey, magnetic survey, passive seismic or regional seismic reflection surveys to detect large-scale features of the sub-surface geology. Features of interest (known as ''leads'') are subjected to more detailed seismic surveys which work on the principle of the time it takes for reflected sound waves to travel throu ...
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Lofoten
Lofoten () is an archipelago and a traditional district in the county of Nordland, Norway. Lofoten has distinctive scenery with dramatic mountains and peaks, open sea and sheltered bays, beaches and untouched lands. There are two towns, Svolvær and Leknes – the latter is approximately north of the Arctic Circle and approximately away from the North Pole. The archipelago experiences one of the world's largest elevated temperature anomalies relative to its high latitude. Etymology ''Lofoten'' ( non, Lófótr) was the original name of the island VestvÃ¥gøya. The first element is ''ló'' (i.e., "lynx") and the last element is derived from Norse ''fótr'' (i.e., "foot"), as the shape of the island must have been compared with that of a lynx's foot. (The old name of the neighbouring island Flakstadøya was ''Vargfót'', "wolf's foot", from ''vargr'' "wolf".) Alternatively it could derive from the word for light in reference to the presence of Aurora Borealis as the w ...
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Ethical Investment
Socially responsible investing (SRI), social investment, sustainable socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social/environmental good to bring about social change regarded as positive by proponents. Socially responsible investments often constitute a small percentage of total funds invested by corporations and are riddled with obstacles. Recently, it has also become known as "sustainable investing" or "responsible investing". There is also a subset of SRI known as "impact investing", devoted to the conscious creation of social impact through investment. In general, socially responsible investors encourage corporate practices that they believe promote environmental stewardship, consumer protection, human rights, and racial or gender diversity. Some SRIs avoid investing in businesses perceived to have negative social effects such as alcohol, tobacco, fast food, gambling, pornography, weapons ...
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Climate Change Policy
The politics of climate change results from different perspectives on how to respond to climate change. Global warming is driven largely by the emissions of greenhouse gases due to human economic activity, especially the burning of fossil fuels, certain industries like cement and steel production, and land use for agriculture and forestry. Since the Industrial Revolution, fossil fuels have provided the main source of energy for economic and technological development. The centrality of fossil fuels and other carbon-intensive industries has resulted in much resistance to climate friendly policy, despite widespread scientific consensus that such policy is necessary. Climate change first emerged as a political issue in the 1970s. Efforts to mitigate climate change have been prominent on the international political agenda since the 1990s, and are also increasingly addressed at national and local level. Climate change is a complex global problem. Greenhouse gas (GHG) emissions c ...
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