Last week, ENVS PhD student Devon Reynolds, joined a panel of finance and social responsiblity experts to discuss the arguments surrounding divesting from fossil fuels. Fossil fuel companies have been some of the most consistently profitable businesses over the last century, which is why universities and other large organizations across the US and globe have trillions tied up in investments of fossil fuel companies. To accomplish a clean energy transition and avoid a climate catastrophe, money must not only be invested in climate friendly companies and projects, but funds must be moved from dirty fossil fuel companies. Titled "Debating Divestment" the panel discussed the business case for and against divestment and Environment, Social, and Governance (ESG) investing.
You can read more about divestment and the event here.