C of E ditching 'energy stocks'

[silversod]

It's not a religeous thread just a refreshingly nice environmental story I read about yesterday. "The Church of England will divest its $16 billion investment portfolio from companies that are not meeting the requirements specified in the Paris climate agreement".
https://www.rt.com/business/432391-bank-of-england-energy-assets/

 

[Pushmi-Pullyu]

1. Good for them.

2. What took them so long? The Paris climate accords were agreed upon in Dec 2015.

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[silversod]

1. Good for them.

2. What took them so long? The Paris climate accords were agreed upon in Dec 2015.

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Yes better late than never, I wonder how long it will be before other big investors move away from fossil fuel stocks!.