Divestment from Fossil Fuels: A Critical Appraisal

An excellent article exploring the reasons to divest by David Knight.

“Four main reasons have been suggested for divesting from fossil fuels:

1. It is morally right.
2. Fossil fuel shares are volatile, overvalued and risky.
3. Divestment sends a strong message to fossil fuel companies, banks that finance them, governments that subsidise them, and to the public, helping to strip the companies of their enormous and undemocratic political power.
4. It could reduce fossil fuel production and emissions which would be good for both climate and environment.”

http://www.resilience.org/stories/2014-12-19/divestment-from-fossil-fuels-a-critical-appraisal

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