My Oily Heirloom

My Oily Heirloom

I’ll feel empowered when ExxonMobil convenes its upcoming annual shareholders meeting. Oddly, that’s because I’ve sold all my stock in the company. Shareholders like me and some major institutions, including New York State’s $178 billion pension fund, have urged...
Don’t Be a Fossil-Foolish Investor

Don’t Be a Fossil-Foolish Investor

Investors who choose to steer clear of oil, gas, and coal are protecting their portfolios in the short term and the long run. Who has divested lately? The fast-growing list includes the University of California, insurance giant Allianz, the German city of Munster, and...
Will This Documentary Change Everything?

Will This Documentary Change Everything?

Writer Naomi Klein and her filmmaker husband Avi Lewis lucked out with the release of their new documentary, This Changes Everything. This film about why humanity must kick our fossil-fuel habit before it wrecks the planet arrived at an ideal time. For one thing,...
Don’t Get Burned by Coal’s Demise

Don’t Get Burned by Coal’s Demise

Stanford, Georgetown, and other universities are stripping coal stocks and bonds out of their endowments. Why? For starters, they don’t want to lose money. At least 200 U.S. coal-fired power plants have stopped operating since 2010, shrinking the total fleet by 40...
How Would Francis Invest?

How Would Francis Invest?

When Pope Francis unveiled his letter to the world about how we must stop trashing the planet, he nearly broke the Internet. The pithy document included hundreds of zingers, including this line: “Whatever is fragile, like the environment, is defenseless before the...
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