Australian Capital Territory

Fossil Fuel Divestment: Ideology or Informed Investment?


From: Tuesday December 2, 2014, 5:30 pm

To: Tuesday December 2, 2014, 7:30 pm

The Young Economists (ACT) and SGS Economics & Planning present: Fossil Fuel Divestment: Ideology or Informed Investment? What do UN Secretary-General Ban Ki-moon, US President Barack Obama and UN Climate Chief Christiana Figueres have in common? They’ve all called for investors to reduce their investments in fossil fuels. Recently the Australian National University announced that it would divest from some companies based on a sustainability assessment. Universities in the UK and the US, including Stanford University, have announced that they will divest from coal or other fossil fuel businesses. and Australia’s first fossil fuel free superannuation fund, My Future Super, was launched.   Promoters of fossil fuel divestment argue that pulling money away from fossil fuel development projects will starve them of the investment they need to get going or keep going, reducing fossil fuel use – but is it an empty gesture, or can it drive change? Are fossil fuel divestors compromising their investment returns, or is the smart money in getting out of fossil fuels before the industry heads into a long-term decline?   To answer these questions and more, The Young Economists (Canberra) are rounding off 2014 with a Q&A on fossil fuel divestment with two experts in the field: Adam Verwey, Founder and Executive Director of Future Super, and Associate Professor Frank Jotzo, Director of the Centre for Climate Economics & Policy at the Australian National University.   If you have any questions, please contact the Young Economists through Facebook, Twitter or email.   Flier attached for additional information. What: Q&A on fossil fuel divestment with Adam Verwey and Dr Frank Jotzo When: 5:30pm for 6:00pm start, Tuesday December 2nd Where: The Lounge, Level 3, UniPub, London Circuit How much: FREE Flyer - Fossil Fuel Divestment



17 London Cct, Canberra ACT

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