Excellent essay explaining divestment. Would it really help restrict new fossil fuel development? Or just allow the biggest corporations to take over weaker start ups and buy up their own shares for pennies on the dollar?
.
https://www.newyorker.com/news/daily...urce=actionkit
.
The real solution is to reduce demand by austerity and eventual replacement. Firms supply whatever consumers demand. But you cannot reduce an energy source without first eliminating the demand for it, or firstly replacing it. And new carbon energy build out is still outpacing wind and solar energy build out by 4:1.