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Divesting Reduces Risk: Part 2
Read more: Divesting Reduces Risk: Part 2The 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 […]
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Divesting Reduces Investment Risk: Part 1
Read more: Divesting Reduces Investment Risk: Part 1Lazy 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. […]
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Celebrate … and Keep Going. Divest Now.
Read more: Celebrate … and Keep Going. Divest Now.The Inflation Reduction Act is for sure an imperfect win – but it’s a major step forward for the United States. As Bill McKibben eloquently notes in this essay, the IRA legislation was passed because so many people spoke out and in many, many ways. That pressure has to continue, and it needs to grow […]