In the United States, the summer is increasingly the time when the impact of carbon pollution hits home – literally. This year, with the smoke from Quebec wildfires, that was very true for Washington DC. Yet, important factions of the political and business elite in D.C. pretend that nothing unusual is happening. For that reason…

The last post talked about the hypothetical impact of removing fossil fuel investments from broadly diversified mutual or exchange traded funds. When taking money out of any single industry, whether the unwelcome stocks are in fossil fuels or mass media or donuts, it is hard to argue that extracting investments from a single industry will…

Lazy arguments against divestment say that people who divest make financial sacrifices. Baloney. In fact, the opposite is true. One false idea says that if you take money out of the fossil fuel industry, your investment position will be riskier – because your money is less spread out (i.e., less diversified) after fossil fuel divestment.…