Will divestment put my pension at risk?

educators climate alliance

by Andrea Loken and Kevin Bowers – both teachers in Limestone OSSTF District 27 and ECA co-founders

This is the first in a series of posts that will answer several of the questions we are being asked regarding the divestment strategy.

Increasingly, the experts are saying that there is a great risk to keeping fossil fuels in investment portfolios, including pensions. Mark Carney, governor of the Bank of England, along with the World Bank has stated this, admitting that the writing is on the wall for fossil fuel investments since 80% of known reserves are unburnable if humans are to deal with climate change.

The findings of the Intergovernmental Panel on Climate Change (IPCC) supports our immediate and grave concerns. The IPCC is not a bunch of radicals. The viewpoint the IPCC states is a conservative one as it represents the consensus of hundreds of scientists and politicians. The…

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