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DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

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DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Badboy on Sat 12 Apr - 0:37

DESMOND TUTU HAS CALLED FOR A DIVESTMENT MOVEMENT TO FORCE COMPANIES TO ACT AGAINST CLIMATE CHANGE,DIVESTING SAY FROM ENERGY COMPANIES THAT DON'T INVEST IN RENEWABLES.
IT HAS BEEN SUGGESTED THAT MINING COMPANIES COULD SUFFER A TRILLION DOLLAR SHARE DROP IF THERE ARE UNABLE TO INVEST IN EXTRACTION BECAUSE OF INTERNATIONAL AGREEMENTS THAT MIGHT LIMIT CARBON EMISSION

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Lioned on Fri 18 Apr - 17:57

http://www.theguardian.com/environment/2014/apr/10/desmond-tutu-anti-apartheid-style-boycott-fossil-fuel-industry

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Badboy on Fri 18 Apr - 19:34

THANKS LIONEED

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Lioned on Fri 18 Apr - 19:39

Not sure how we would manage without fossil fuels but probably not a good investment at the moment.

Fossil fuel firms are also facing escalating pressure from investors, with some large pension funds having already divested. The world's biggest sovereign wealth fund, itself built on oil and gas revenues, is now formally considering dumping its fossil fuel stocks.


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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Badboy on Fri 18 Apr - 19:47

IT IS BEING SAID THAT STOCKS/SHARES IN SUCH COMPANIES COULD BE MADE WORTHLESS BY TREATIES KEEPING OIL/GAS IN THE GROUND,A LOT OF INVESTORS ARE THINKING THEY WON'T DO THAT,COULD FIND INVESTMENTS WORTHLESS.

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Lioned on Fri 18 Apr - 19:54

It may be a good time to invest in 'Renewables' Badboy.

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Badboy on Fri 18 Apr - 20:06

Lioned wrote:It may be a good time to invest in 'Renewables' Badboy.
GOOD IDEA,LIONED!

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

Post  Lioned on Fri 18 Apr - 20:12

I have some room in my garden for a couple of windmills. áá

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Re: DESMOND TUTU CALLS FOR DIVESTMENT CAMPAIGN AGAINST CLIMATE CHANGE

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