Fossil Fuel Free Investing,

College endowments are just starting to consider the potential divestment of their accounts from fossil fuel producing companies. If 350.org's "Do the Math" tour has any influence, and if the logic of numbers forces institutions to ask the difficult questions, we may see this movement gain steam.

What is holding investors back from embracing a fossil-free portfolio? Lack of investable vehicles? Concern over performance?

I welcome your thoughts.

3 replies

Very interested as well . Haven't yet found any NZ banks apart from Kiwibank that don't invest in fossil fuels. Most investment policies would seek to spread over a number of banks. Easy enough to take money out of shares that are fossil fuel based but the ability to invest funds in a fossil free vehicle is more tricky

Written in July 2013

Rick K. 10°

There is also a perception that anything not including fossil fuels will pay a lower return. I think that's wrong and Solid Energy could be a good example of the riskiness of fossil fuels. As could the Australian economy, especially as China's growth slows dramatically as local government debt there balloons.So I think the perception is there but it may well be wrong.
The other thing is just motivating someone or some people to take the lead on it.

Written in July 2013

Have been looking at this here in NZ. Westpac confirm that they have no "fossil free" investment mechanism. Thats actually amazing isn't it ? Kiwibank may .

Written in September 2013

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