Bill McKibben’s Fossil Fuel Divestment – A Skyrocketing Success

As described here, legendary environmentalist Bill McKibben’s suggestion that folks sell their holdings in fossil fuel companies has been accepted by a gathering wave of universities, churches and synagogues, city governments and pension funds.  According to the article, “In the last few months, fossil fuel divestment has turned into one of the fastest-growing protest campaigns in recent American history – and it’s already reached all the way to Australia, where portions of the Uniting Church have announced they’ll sell their fossil fuel stock as well.”

When he died, my father left me stock in ExxonMobil that I sold at $84 some time back; it’s at about $91 today.  Could I have used a few extra bucks?  Yep.  But am I happy to be out of the oil business?  Without a doubt.

Here’s a good idea: take Bill’s advice; pick up the phone and tell ‘em:  sell it all.  

Want another good one?  Take the proceeds and check out some of our clean energy investment opportunities.  I can’t promise you’ll profit (though I DO happen to like these ideas).  What I can promise is that you’ll be taking your retirement money and taking steps to ensure we still have a hospitable planet here on which to retire.