Clare Brook

Is it right to invest in an FFFF (Fossil Fuel Free Fund)?

When the American environmentalist, Bill McKibben, published his article ‘Climate change’s terrifying new math’ in Rolling Stone magazine in 2012 (1), it catalysed a new phase in the movement to combat climate change. As McKibben said in his important article, ‘The anti-climate change movement needs an enemy. And that enemy is the fossil fuel companies.’ By focusing on oil, gas and coal extraction companies, the debate has shifted from being a purely political one to being a discussion around the deployment of capital.

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