Everyone’s talking about it. From Obama and Desmond Tutu to the IEA and Lord Stern. Already 16 local governments, 11 religious institutions, 6 universities and 3 major foundations have committed to divest from fossil fuels. Even major pension funds, insurers and banks are coming aboard.
But is divestment really the climate game changer it’s being made out to be? As Australia adds its voice to the growing divestment call, we ask, what can divestment really offer our climate, communities and economy?
We talk to 350 Perth’s Jaime Yallup to get the low down.