Pension funds invested in fossil fuels
jeudi 7 novembre 2019 à 01:00Three pension funds (in California and Colorado) lost a lot of money over the past decade by investing in fossil fuels. Employees whose pensions the funds manage are demanding an end to this.
In the long term, fossil fuel companies are bad investments because investing in the possible collapse of civilization can't be profitable for more than a few. But we must not leave it to chance that fossil fuel extraction winds down. We must make sure of it.