Mc Kibben – 80% to stay in ground – The Case For Fossil-Fuel Divestment

Another great one via ThinkProgress – For any chance of warming less than 4degC, 80% of coal, oil and gas reserves must stay in the ground, which means Exxon-Mobil, BHP etc, share prices need to be devalued by 80%.

Logic of divestment couldn’t be simpler: if it’s wrong to wreck the climate, it’s wrong to profit from that wreckage. Colleges have a duty to protect the health and well-being of their customers — future generations. The time to divest is now.

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About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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