Is the fossil fuel industry ignoring risks of declining demand?

Read the whole article from by Ben Adler – October 28, 2015:

Fossil fuel companies aren’t just bad for the climate — they’re bad investments

“The Carbon Tracker Initiative, an energy industry research group, published a landmark report on this in 2011, which inspired the divestment movement. Now the group is out with a new report,  “Lost in Transition: How the energy sector is missing potential demand destruction,” comparing published fossil fuel industry scenarios to financial market research. Carbon Tracker finds that the industry is ignoring risks of declining demand.”

Teachers urge $175 billion pension fund to flex muscle on climate change

Thank you to Riley Sparks for his story in the National Observer.

We have addressed some of the arguments raised by the OTPP in various blog posts:

Engagement vs Divestment: Questioning OTPP’s strategy

Courage from the Earth Defenders at Standing Rock

Divestment: A necessary and powerful tool

Why divestment if, arguably, it won’t hurt fossil fuel companies?