This one is actually from back on October 3rd, but it’s a great catch by Tom Nelson (who else?), and worth posting
Fossil Fuel Divestment Statement
Dear Members of the Harvard Community,
Climate change represents one of the world’s most consequential challenges. I very much respect the concern and commitment shown by the many members of our community who are working to confront this problem. I, as well as members of our Corporation Committee on Shareholder Responsibility, have benefited from a number of conversations in recent months with students who advocate divestment from fossil fuel companies. While I share their belief in the importance of addressing climate change, I do not believe, nor do my colleagues on the Corporation, that university divestment from the fossil fuel industry is warranted or wise.
So, not exactly a “skeptic”, eh?
I also find a troubling inconsistency in the notion that, as an investor, we should boycott a whole class of companies at the same time that, as individuals and as a community, we are extensively relying on those companies’ products and services for so much of what we do every day. Given our pervasive dependence on these companies for the energy to heat and light our buildings, to fuel our transportation, and to run our computers and appliances, it is hard for me to reconcile that reliance with a refusal to countenance any relationship with these companies through our investments.
In other words, Warmists want to do damage to Someone Else, but refuse to give up their own fossil fueled lifestyles. As I’ve written here and in comments elsewhere thousands of times, if Warmists aren’t willing to change their own lives in a substantive way, why should we believe what they’re pushing?
