Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy

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Title:  Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy

Author:  Prof. Daniel R. Fischel,

Publisher:  Compass Lexecon

Date: N/A

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Summary:

The costs to investors of fossil fuel divestiture are highly likely and substantial, while the potential benefits – to the extent there are any – are ill-defined and uncertain at best. Fossil fuel divestiture is therefore unlikely to pass a cost-benefit test, particularly compared with alternative ways investors who so desire can promote environmental goals.

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