Divestment From Coal Does Work! Now The Finance Industry Must Reject Requests For Coal Capital
Research reveals that the coal industry has few options for securing alternative debt financing if existing funding sources vanish.
Research reveals that the coal industry has few options for securing alternative debt financing if existing funding sources vanish.
California continues to be a climate and cleantech leader. One of its big recent announcements in this regard is that state policymakers have introduced the California Fossil Fuel Divestment Act (SB 252). Naturally, this divestment move was stimulated by young adults, students. It was then introduced by Senator Scott Wiener … [continued]
As we look for methods to spend in a greener way, we buy more sustainably or invest so that we that don’t reward companies that contribute to global warming. Importantly, divestment as an act of social conscience recognizes that we all have an obligation to rise up against industrial oil’s destructive, polluting operations.
At stake are legitimate clean energy industries — those that don’t pollute the environment or question our future existence as a species.
Texas Comptroller Glenn Hegar sent numerous letters to financial firms this week. It’s part of a bigger attempt to uphold a state law that prohibits divesting from fossil fuel companies.
How did students attempt this month to persuade their institutions to divest? How is it different than previous actions?
How has the divestment movement changed the conversation around fossil fuel finance in 2021?
The case for divestment grows louder as evidence shows that individuals with divested portfolios “outperformed their benchmarks.”
The momentum continues away from fossil fuel industries as more institutions make ethical climate action decisions.
The divestment movement can persuade more investors with practical info about effects of fossil fuels.