I think one of the important points is that fossil fuels are a dangerous investment these days. We're going to eventually change to a carbon-free economy, because it's the only way to avoid drastic global warming. And, when we do, those fossil fuel companies aren't going to be making a profit any more.
So, we want to divest because fossil fuel companies are bad investments. Over the life of the pension fund, they may well shrink or disappear.
Recent Comments
So, we want to divest because fossil fuel companies are bad investments. Over the life of the pension fund, they may well shrink or disappear.