Climate activist warns against divestment of black assets
One of the founders of Engine No.1, an activist organization, states that simply divesting fossil fuel investments does not help the world's energy consumption become more sustainable.
by frederik jensen, translated by catherine brett
It is dangerous to simply divest black assets in favor of green ones, and more focus needs to be placed on transitioning companies, says Chris James, co-founder of activist organization Engine No. 1, Danish financial media Finans reports based on a presentation at COP26.
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