Fuel for thought: Is divesting the responsible choice - or the most convenient?

Reappraisal of the practice needed

clock • 5 min read
Andrew Milligan
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Andrew Milligan

The recent International Energy Agency report 'Net Zero by 2050' sets out a road map on how to decarbonise the global energy system, arguing for no more capital investment in fossil fuels from 2021. This will encourage many investors to consider divesting oil, gas and coal companies from their portfolios.

There are moral and financial arguments for doing so, but the pros and cons need to be considered carefully for fear of unintended consequences. Most investors agree that we are on the path to making...

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