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“It’s not hard to see that the writing is on the wall, that investors across the board are not making any distinction. It’s not just about coal anymore — they see all fossil fuels as problematic. And I don’t think that it will take very long before we see oil and gas receiving the same treatment that coal has gotten from investors and the financial community.”
GUEST: Justin Guay, director of global climate strategy at the Sunrise Project. Justin previously managed grant-making and strategy development for global coal campaigns at the ClimateWorks Foundation and Packard Foundation.
SHOW NOTES: Fossil fuel divestment ain’t what it used to be. In a good way, if you ask advocates.
In this episode — the second episode of Political Climate’s special DITCHED miniseries — we get further into the weeds on what’s driving the Divest/Invest movement and where it’s going. We cover a lot and connect the dots in an interview with Justin Guay, director of global climate strategy at the Sunrise Project.
Prior to joining Sunrise, Justin managed grant-making and strategy development for global coal campaigns at the ClimateWorks Foundation and Packard Foundation. He also ran the Sierra Club’s International Coal Campaign, with a special focus on international finance.
In this conversation,we discuss how cutting off the flow of capital into fossil fuels has taken on a variety of different forms, as well as lessons learned from coal divestment that could influence a shift away from oil and gas. Justin addresses the tricky question of whether making fossil fuels harder to finance will actually curb demand for these products. We also talk about what a future without fossil fuels would look like, and how it could affect individual workers and even geopolitical relations. And that’s not all.
We launched the DITCHED miniseries to shed light on the divestment movement, and the growing trend of moving money out of fossil fuels and into more sustainable investments. Episodes air Mondays on Political Climate. Subscribe here!
By Alejandra Pollak, Originally published September 14, 2021 New York Fashion Week (NYFW) took place from September 8th through 14th. On its final night, all eyes were on the Met Gala in New York City, arguably fashion’s biggest night of the year. Designers, models, celebrities, influencers, and the media — the entire fashion world — […]
The McDonald’s toys you grew up loving (and then losing under the seats in your mom’s car) are going green. The iconic toys that come in every meal will soon be made mostly from corn and other sustainable materials instead of petroleum-based plastics. The company hopes to make the transition complete across all stores globally […]
Bike riders and commuters across the nation will be getting some special benefits for purchasing an electric bicycle. Included in President Biden’s $3.5 trillion budget plan is $7.4 billion in tax credits for e-bike purchases. The administration hopes that it can encourage more people to choose biking instead of driving to help curb transportation emissions, […]
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