October 18, 2013

What is the impact of fossil fuel divestment campaign on companies?

Savings from oil and coal importation

 

Fossil fuel divestment from Clean Technica

A study by Oxford University would suggest that divestment of Universities from fossil fuel companies is having a slow start but is proceeding rapidly than any other types of movement:  tobacco, pornography, even apartheid.  The study comes from Stranded Assets and fossil fuel divestment.  Oxford reports that 350.org fuel divestment campaign is gaining traction

However in reality, the impact of the divestment is very small say $240 - 600 billion of the total $12 trillion assets of endowments for university and pension funds.  This translates to only 2 to 5% total exposure by universities in fossil fuel.

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