Inexpensive geothermal and wind are taking the place of coal.
This and other key changes to US laws led to the widespread, largely unregulated fracking industry we live with today.
The list of religious institutions that are divesting is growing longer.
Read their 10 Reasons for a Moratorium.
The move could be the final signal other big pension funds need to follow.
Tar Sands Become Question Mark in Canada, While US Quietly Expands: Major Tar Sands Resistance March, June 6 in Minnesota
The tide has turned against tar sands pipelines in Canada, but a spiderweb network is growing in the US, leading to a major protest this weekend in St. Paul, Minnesota.
After leasing public land that holds 2.2 billion tons of coal, the government plans to quintriple that.
Maryland had a veto-proof majority for the fracking moratorium, while NY State issued a 2000-page report on why it banned fracking permanently.
Shell received another permit bringing it closer to exploratory drilling in the Arctic this summer.
Statoil Forms Renewable Energy Division, While Oil Industry Struggles With Its Role in Climate Change
Many oil companies now call for a carbon tax even as they fight it with their lobbying and donations.