Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy

In recent years, certain groups concerned with the potential effects of global climate change have urged institutions and other investors to divest from securities associated with companies that explore for, produce, market and/or exploit fossil fuels. Advocacy for fossil fuel divestment began in 2011 on college campuses like Swarthmore College in Pennsylvania and Hampshire College in Massachusetts, and in 2012, Seattle became the first municipal entity to commit to fossil fuel divestiture goals

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