<em>The Weekly Planet</em>: A New Idea for Fighting Climate Change: Retirement Plans!
Every Tuesday, our lead climate reporter brings you the big ideas, expert analysis, and vital guidance that will help you flourish on a changing planet. Sign up to get The Weekly Planet, our guide to living through climate change, in your inbox.
In January 2020, Boris Khentov attended a climate protest in Washington, D.C., led by Jane Fonda. (She was, at its climax, arrested.) Its theme was the role of financial institutions in the climate crisis, and the speakers—who included Joaquin Phoenix, Martin Sheen, and the environmental author Bill McKibben—stressed one idea over and over again: divestment.
Financial institutions needed to stop investing in fossil-fuel companies, they said, for society to have a shot at fighting climate change. For the past decade, divestment has been the climate movement’s biggest demand of banks, pension funds, and university endowments, an echo of earlier campaigns against apartheid and Big Tobacco.
“As we marched
You’re reading a preview, subscribe to read more.
Start your free 30 days