Tuesday, March 5, 2013

Fossil-Fuel Divestment — Part 2

Pretty soon, colleges in the USA will be bastions of bigotry, ignorance... 

...and investment portfolios of equities that will bankrupt them. And who will pick up the stock of the energy companies that Harvard, Berkely and others will dump?  Why, me!  and other people around the world.  The Chinese, the Singaporeans, the S. Koreans and anyone else left with a brain.

What foolhardy bigots we have become!

You may not have heard of the fossil-fuel divestment movement yet, but you will soon. While the campaign to have universities sell off any stock they may hold in large fossil-fuel companies is still in its infancy, the effort has spread to hundreds of campuses in just the past few months. This ambitious crusade to save the planet from global warming by crushing the world’s fossil-fuel producers is the brainchild of Bill McKibben, arguably America’s foremost environmentalist, and leader of the campaign to block construction of the Keystone XL pipeline. In the first installment of this three-part series, I traced the origins and development of the movement. Now it’s time to uncover the troubling ideology that stands behind the fossil-fuel divestment campaign.
 
Aren't these colleges also being pressured to divest themselves of Israeli stock???

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