It’s Time for Canadians to Divest From Fossil Fuels

The Alberta oil sands

In fact, we think all Canadians who invest should take a serious look at making carbon divestment a part of their investment strategy.

On this front, carbon divestment is already scoring victories.

Investors don’t want to be holding fossil fuel assets when the carbon bubble bursts.

Action on climate change heightens the risk of stranded assets and therefore strengthens the pragmatic argument for divestment.

There’s even a case for divestment on pure profit-making grounds.

Until then, our rule of thumb is simple: don’t trust Big Oil.

The important thing is to start simply so that you feel comfortable.

Ultimately, carbon divestment doesn’t need to be a radical move or big departure from your current investment choices.

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Graduate of the Balsillie School of International Affairs and former Urban Fellow at the City of Toronto.

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Jon Yazer

Jon Yazer

Graduate of the Balsillie School of International Affairs and former Urban Fellow at the City of Toronto.

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