Re:Fossil fuel divestment has ‘zero’ climate impact, says Bi...
by ineedasername on Tuesday September 17, 2019 @10:10PM
(#21001886)
Sure, that makes a lot of sense, but what companies can you invest in that you wouldn't have to worry about for that long?
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Re:Fossil fuel divestment has ‘zero’ climate impact, says Bi...
by windexh8er on Tuesday September 17, 2019 @10:49PM
(#21002034)
For most people that's the wrong question. If you have capital that can be applied to long term resolute ideals you likely don't have to worry about capital in general. We all know fossil fuels have have an expiration date. We can easily state that money invested in building next generation power acquisition, delivery and storage will displace them. But again, you need a stack of chips to play.
Re:Fossil fuel divestment has ‘zero’ climate impact, says Bi...
by coliveira on Wednesday September 18, 2019 @01:41AM
(#21002638)
This is a good idea, unfortunately when it comes to investment it is not enough for a company to be in the right track. It also needs to dominate the market, which is more difficult. For example, lots of companies were created in the Internet bubble, but only a few survived and came to dominate the market.