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The two faces of the fossil fuel sector
How can the financial sector contribute to the transition from fossil fuels to renewable energy? Some say: via engagement with the fossil fuel sector. This produces splendid public statements, but it does not lead to the transition. On the contrary: engagement keeps the status quo intact instead of kick-starting the farreaching and radical changes we so urgently need. Divesting from fossil fuels and investing in renewables is the only solution.
