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Divesting from fossil fuels

Erin Mundahl
USA
2018
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Erin Mundahl, writer for INSIDESOURCES: Divestment has become a common goal for environmental protesters who have tried to get cities, universities, and other groups to stop investing in fossil fuel production. Surprising is that nonprofits who loudly support these causes also invest in conventional energy, even as they encourage others to divest. According to leaked documents, environmental groups, including the World Wildlife Fund (WWF), the American Museum of Natural History, and several other funds had investments in private equity firms specializing in oil and gas even as their public messaging hyped concerns about the role of fossil fuel use in climate change.