Divestment Interesting article about keeping your money out of fossil fuel companies. [Divestment Feature, MWP, June 2015] Of the 6,872 public companies (on Amex, Nasdaq and the New York Stock Exchange), 392 are directly engaged in fossil fuels. While banning the top 200 from investment, it still leaves a great deal of potential money invested in the stocks of other companies.
To have an impact, I would think you need a ban on investment in all public and private companies with a strategy to reemploy the workers and replace the current vested interest with a new one. That's a tall order, but one worth pursuing.
Dale Tennison, Minneapolis
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