Divesting from Fossil Fuels

Here’s an interesting bit of conversation from the Low Carbon Investors conference: a session moderator noted the following about divestiture:  Divestment from all fossil fuels is throwing the baby out with the bath water. Natural gas plays a role in replacing coal.

True. Its presence also enables integrating large amounts of variable resources into the grid-mix.

Another speaker whose company manages the money of a large Protestant church, an organization that is pushing to divest its portfolio of all fossil fuels said, “I’ll do that as soon as you yourself stop using fossil fuels.” That’s a good, clever point IMO.