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by noneckbeard
2473 days ago
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Investors divesting from fossil fuels sounds a lot like sanctions in that they “don’t work until they work.”[1] It would take an overwhelming number of investors to make divestment really hurt, which is unlikely. And I definitely agree that focusing on supporting climate change impact is better than starving the polluters. But it seems intellectually dishonest to say that divestors are “wasting their time.” And there’s no reason you can’t do both. 1. https://qz.com/1072581/sanctions-dont-work-until-they-do-the... |
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To reduce demand you should either create cheaper ways to store alternative energy or make carbon based fuels more expensive with a carbon tax.