Is it ethical to invest in fossil fuels?

JRI has long been interested in climate change. It is now clear that we need to leave most of the remaining reserves of fossil fuels in the ground if we are to avoid dangerous levels of global warming (many scientists say a maximum of two degrees Celsius above the pre-industrial temperature). To do that we need to move away from burning fossil fuels and rapidly move on to renewable sources. The snag is that the fossil fuel companies show little sign of making this move. Many institutions, including churches, hold large investments in fossil fuels. Should we continue to hold [... more]

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