Divestment from fossil fuels
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Energy futures
26 August 2014
Divestment from fossil fuels Hong Kong and London – Oil, gas and coal companies make up one of the world’s largest liquid asset classes, with a combined stock market valuation of nearly $5trn. In the past two years, dozens of public and private institutions have announced plans to divest their fossil fuel holdings because of environmental concerns, ethical investment strategies, or worries that assets might become “stranded” by emission regulations.
Larger-scale divestment looms...