Divestment

Slide from India utilities seminar by Michael Barnard, Chief Strategist, TFIE

Wasted Money & Sunken Assets: Subsidies and Financing for Fossil Fuels

Under the auspices of the India Smart Grid Forum, the think tank founded as an umbrella organization over India’s 28 state utilities to provide thought leadership, share leading practices, and bring international insights to India, I’m delivering bi-weekly webinars framed by the Short List of Climate Actions That Will Work. With the … [continued]

Divestment Year In Review 2022

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.

Future-Facing Commodities

The new buzz expression for Australian mining companies that are leaving fossil fuel assets behind to chase greater profits is: “future facing commodities.” No virtue signaling here — it’s all about long-term shareholder value. CEO Mike Henry told a Sept. 8 shareholder call: “The divestment of our petroleum business and … [continued]