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Harvard Study: Divesting From Coal Is More Beneficial Than Previously Thought ...Middle East
Over the last decade, banks have had a very hot and cold relationship with divesting from coal. As calls to defund the world’s dirtiest fossil fuel have ramped up, big banks have increasingly agreed to sever ties with coal enterprises – but they haven’t always kept those promises. Part of the reason that divesting from coal has been such a wishy-washy component of the global road to decarbonization is that there has been a lack of empirical studies proving the efficacy of this approach. But now, thanks to a new study by the Harvard…
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