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The case for divestment from fossil fuels

John Quiggin writes in The Conversation (1.12.14) about the ANU’s decision to divest from fossil fuel investments:  ‘Leaving aside the ethics of divestment and pursuing a purely rational economic analysis, the cold hard numbers of putting money into fossil fuels don’t look good. Unless universities are willing to bet on the destruction of the planet they have committed themselves to understanding and preserving, divestment from fossil fuels is the only choice they can make. Forward-thinking investors of all kinds would be wise to follow suit.’

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