The Moral and Financial Case for Divesting from Fossil Fuels: Briefing Paper #38
The movement is growing for withdrawing investments from oil, natural gas and coal companies that contribute to climate change, and among the churches in Canada Trinity-St. Paul’s United Church in Toronto has shown leadership.
The latest KAIROS Briefing Paper – Movement for Divesting from Fossil Fuels Gaining Strength – explores both the moral case for divestment, as articulated by South African Archbishop emeritus Desmond Tutu, and evidence that investors are growing wary of investments in fossil fuels, particularly in the tar sands.