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A Critique of the Fossil Fuel Divestment Movement in Higher Education
As it currently stands, the fossil fuel divestment campaign is an exercise in futility that even if successful would have no impact on greenhouse gas emissions, climate change or the financial standing of carbon energy producers. What its overall demonization of conventional energy would achieve if it was echoed by policy-makers, however, is a hefty price for the middle class in terms of both lost jobs and more expensive energy bills, a less reliable electric grid, and additional significant environmental problems in advanced economies. It would mean energy poverty among people of lesser means, as well as lost development opportunities and much greater levels of disease, death and environmental degradation in poor countries.