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Divestment: An economic solution to a social problem

WarmingRecently there has been a nationwide conversation about fossil fuel divestment. Divestment is when investors withdraw investments in certain companies for political or ethical reasons. In this case, some institutions are divesting from fossil fuel companies because they feel that these companies are acting unethically in their contributions to carbon emissions, which in turn contributes to climate change.

This campaign for fossil fuel divestment has been led by 350.org, an organization dedicated to “building a global grassroots movement to solve the climate crisis.” So far, several religious institutions, 18 cities and two countries have made commitments to divest, but the real pressure of the campaign has been on colleges and universities.