16 Mar '17, 11am

An Introduction To Fossil Fuel Divestment

An Introduction To Fossil Fuel Divestment

Since then, a number of universities, faith-based organizations, foundations, and cities have, to varying degrees, committed to divest from fossil fuels. The movement particularly picked up momentum through divestment announcements by a number of symbolic institutions and endorsements by opinion leaders. In 2014, the World Council of Churches, representing half a billion Christians, ruled out all fossil fuel investments. The Guardian Media Group divested its funds, following its subsidiary newspaper’s “Keep it in the Ground” campaign. In 2015, the UNFCCC  — the UN Secretariat overseeing climate change  — backed divestment as “it sends a signal to companies, […] that the age of ‘burn what you like, when you like’ cannot continue.” That same year, the G7 called for a complete decarbonization of the world’s economy. And Leonardo DiCaprio, during an address at Davos’ World Eco...

Full article: https://cleantechnica.com/2017/03/16/introduction-fossil-...

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