• Finance

    The Powerful New Financial Argument for Fossil-Fuel Divestment

    In a few months, a small British financial think tank will mark the tenth anniversary of the publication of a landmark research report that helped launch the global fossil-fuel-divestment movement. As that celebration takes place, another seminal report—this one obtained under the Freedom of Information Act from the world’s largest investment house—closes the loop on one of the key arguments of that decade-long fight. It definitively shows that the firms that joined that divestment effort have profited not only morally but also financially. The original report, from the London-based Carbon Tracker Initiative, found something stark: the world’s fossil-fuel companies  

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