The use of oil and gas is based on demand, and divestment does nothing to stop it.

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Setting the record straight on the day’s top anti-oil and gas media stories


ACTIVIST CLAIM:  Simon Fraser University faction of 350.org’s radical divestment campaign activist claims that the university divesting from oil and gas will shift global attitudes towards oil and gas use.

THE FACTS: The use of oil and gas is based on demand, and divestment does nothing to stop it.

THE SOURCES:

Burnaby students plan hunger strike if SFU doesn’t divest from fossil fuels


Here are some facts and sources to have a reasoned conversation about divestment:


Stories that get it right

Wealthy West’s Clean Energy Ambitions Collide With Needs of Global Energy Consumers – David Yager

Oil industry veteran David Yager writes about the mass disconnect between western ambitions and the actual demand for energy in the world. As the West draws down the use of fossil fuels, we are seeing an energy crisis emerge in places like Germany and the UK where this should never be an issue. Due to the lack of investment in supply prices are at an all-time high. Developing regions know that they will still need oil and gas, so organizations like OPEC will continue to produce.

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