Divestment Outperforms Conventional Portfolios for Past 5 Years

The Independent Petroleum Association of America recently commissioned and funded a study, covered in the New York Times and elsewhere, which claimed that university endowments would suffer without fossil fuels in their portfolios. The Wall Street Journal ran an op-ed calling fossil fuel divestment a "Feel-Good Folly."

Let's look at the facts. The global indexing firm FTSE has developed several fossil fuel free indices, and has tracked performance over the past five years. Over this time period, FTSE's North American fossil fuel free index has consistently outperformed the conventional benchmark index.

Read more

Donate Volunteer Join

Connect with Us

Links

Latest California News

Officials in Oakland, California, effectively ended proposals to open a new coal export terminal by voting to ban the transport and storage of the fossil...

Oil corporations have intensified their push to make the San Francisco Bay Area and other areas of the West Coast into international hubs for refining...

In a major victory for solar power companies and their customers, California regulators voted to preserve an incentive program that has fueled the dramatic growth...

It was widely reported last week that the public relations and lobbying blitz funded by the major oil companies succeeded in toppling one of Jerry...

As Western wildfires follow the worst drought in modern history, the impacts of global warming have never been more stark. And as electric cars, LED...