If a company is producing a very profitable product that is known to cause harm to the environment and to your health, should they make the product less harmful if they can do so and still earn a profit? Should they do this because they are able to make the…
Since Bill McKibben first issued his call to divest from fossil fuel stocks in “Global Warming’s Terrifying New Math” last August, there has been quite a reaction in the press and among investors. It is impossible for me to know what has actually happened in terms of divestment, but enough…
This week Portfolio 21 Investments released a new paper entitled Managing Investment Portfolios without Fossil Fuel Stocks…. The paper details the unique investment risks of the coal, oil, and gas sector, as well as how our firm manages portfolio diversification without fossil fuel exploration and production stocks. Our investment
Last week, delegates from 190 countries attended the United Nations Framework Convention on Climate Change (UNFCCC) in Doha, Qatar. In 1992, the first UNFCCC conference was held in Rio de Janeiro and was known as the Earth Summit. Each year the conference seeks to identify agreements among world governments to…
A movement is building to push for change in the global energy conversation through divestment from fossil fuel companies. This may seem to be a bold and radical mission, but author-activist Bill McKibben, whose 350.org is at the heart of the message, believes this is a campaign whose time has…
At 5 AM on Thursday November 1st…, just days after Superstorm Sandy battered the east coast I boarded a plane from Portland, OR to Newark, NJ. Originally, I was simply going east to visit my 93 year old grandmother; yet as I spoke to my family that morning
Bill McKibben believes that we’re losing the fight against global warming. In his recent article in Rolling Stone (Global Warming’s Terrifying New Math… in the August, 2, 2012 issue), McKibben writes “we're losing the fight, badly and quickly – losing it because, most of all, we remain in denial