Economist says Paris summit offers a decisive moment in history for investors to move out of the dirty fuels that put the ‘public’s wellbeing at risk’
Thomas Piketty has called for investors to move their money out of fossil fuels ahead of landmark UN climate change talks.
The French economist, along with ‘ecological economist’ Tim Jackson, authors of the respective bestselling books Capital in the Twenty-First Century and Prosperity Without Growth: economics for a finite planet, said that investors should divest from a sector with a business model “at odds with physical realities”.
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Source: Guardian Environment