Back to OurEnergyLibrary search




Two Economies Collide: Competition, Conflict and the Financial Case for Fossil Fuel Divestment

Two Economies Collide: Competition, Conflict and the Financial Case for Fossil Fuel Divestment

Full Title: Two Economies Collide: Competition, Conflict and the Financial Case for Fossil Fuel Divestment
Author(s): Tom Sanzillo, Dan Cohn, and Connor Chung
Publisher(s): Institute for Energy Economics and Financial Analysis
Publication Date: October 13, 2022
Full Text: Download Resource
Description (excerpt):

The coal, oil and gas sectors have lost their financial rationale.

Competitive forces inside and outside the industry have undermined this once mighty economic force. Politics now drives oil and gas prices, with the war in Ukraine serving as a vivid reminder of this stark reality. Market forces now favor fossil fuel competitors; cost efficiencies, innovation and public opinion are converging to move trillions of dollars to sustainable alternatives. Meanwhile, an increasing number of destructive weather events have underscored the destruction caused by climate change and increased public demands for solutions.

Investors should move away from fossil fuels because the coal, oil and gas sectors are confronted with competitive pressures that they are ill-prepared to navigate.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of OurEnergyPolicy.org, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

Sign up for our Press Release Distribution List

    Your Name (required)

    Your Email (required)

    Please sign me up to receive press releases from OurEnergyPolicy.org.