Recent (2013) developments in fossil fuel divestment. (Significant stories are coming out regarding the financial risk of fossil fuel divestment on nearly a daily basis.)
Pension plans ask fossil fuel companies to assess how business plans fare in low-carbon future 10/24/2013
Coalition of 70 investors worth $3 trillion, including two state pension plans and the Treasurers of 6 states, call on world’s largest oil & gas, coal and electric power companies to assess the financial risk to shareholders under climate action and ‘business as usual’ scenarios
New climate war: Billionaires vs. Big Oil 10/30/2013
Michael Bloomberg and other American billionaire powerbrokers form a non-profit ,“Risky Business”, to study economic risk faced by American industries and communities due to climate change.