The fossil fuel divestment trend has a dangerous reality
(World News UK)

What began as a group of American students lobbying their campuses to offload their holdings in the fossil fuel industry has now become a more significant movement. So far, it has prompted a reported $5.46 trillion being withdrawn from the coal, oil and gas industries by organisations as diverse as leading universities like King’s and Bristol, the Norwegian Sovereign Wealth Fund and the Church of England. The idea is simple: make these industries less profitable relative to renewables, hastening the global transition from the former to the latter. But the reality is far more damaging. Consumer activism can be an effective, market-friendly way to bring about change. But it needs two...