Divesting from this list has been the default demand for fossil
fuel divestment campaigners across the globe and continues to be a powerful point of departure for the divestment discourse.
Not exact matches
Now, with oil prices crashing while the cost of production does not; with
campaigners scoring victories from the Paris climate agreement to major institutional
divestment from fossil
fuels; and with increasingly viable competition from electrified transportation, efficiency and renewables — oil companies may be facing a unique confluence of uphill challenges.
By divesting their assets from fossil
fuels, they are reducing the ability for big oil, coal and gas companies to develop new extraction projects, while citizens worldwide are rising to stop these projects in their communities,» said Yossi Cadan, Global
Divestment Senior
Campaigner at 350.org.
As The Guardian notes, research suggests fossil
fuel divestment has grown more rapidly than both the tobacco and apartheid
divestment movements that are — to some degree — providing a model for
campaigners.