12 Feb '15, 12am

Fossil Fuel Industry Funds Study That Concludes Fossil Fuel Divestment Is A Bad Idea

As of September 2014, 181 institutions and local governments as well as 656 individual investors representing more than $50 billion in assets had pledged to join the growing fossil fuel divestment movement, which seeks to take investments away from the oil, gas and coal companies that are cooking our atmosphere and reinvest that money in the development of a low-carbon economy. This has, understandably, caused quite a bit of alarm amongst the fossil fuel set. Enter Daniel Fischel, chairman and president of economic consulting firm Compass Lexecon, who recently published an op-ed in the Wall Street Journal called “The Feel-Good Folly of Fossil-Fuel Divestment” in which he discussed the findings of a forthcoming report that “indicates that fossil-fuel divestment could significantly harm an investment portfolio.” Fischel goes out of his way to appear to have the interests of ...

Full article: http://www.desmogblog.com/2015/02/11/fossil-fuel-industry...

Tweets

Naomi Klein on the power of fossil fuel divestment

Naomi Klein on the power of fossil fuel divestment

grist.org 11 Feb '15, 9am

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350.org 09 Feb '15, 4am

WORLDWIDE — The Fossil Free campaign , which has spearheaded the movement to divest from fossil fuels since it began in 20...

@350

350.org 11 Feb '15, 3pm

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350.org 14 Feb '15, 11am

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6 tweets that expose Big Oil’s biased new study on fossil fuel #divestment

6 tweets that expose Big Oil’s biased new study...

350.org 10 Feb '15, 5pm

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grist.org 14 Feb '15, 9am

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desmogblog.com 16 Feb '15, 10pm

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businessgreen.com 13 Feb '15, 2am

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grist.org 23 Feb '15, 6pm

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Climate-denying scientist got piles of money fr...

grist.org 23 Feb '15, 6pm

Wei-Hock “Willie” Soon has long been a favorite among the climate-denier crowd. He’s an aerospace engineer who works part-...

Global Divestment Day: A Huge Success

ecowatch.com 13 Feb '15, 10pm

Related story http://www.forbes.com/sites/kensilverstein/2015/02/12/divestment-is-an-honored-tradition-but-misguided-for-f...