Aspen takes step toward divestment
Aspen doesn’t have the financial bulk of New York or even Denver, but it “wants to put its money where its mouth is,” and that’s not in fossil fuels.
Aspen doesn’t have the financial bulk of New York or even Denver, but it “wants to put its money where its mouth is,” and that’s not in fossil fuels.
Three local governments last year filed a lawsuit against fossil fuel giants Suncor and ExxonMobil, claiming local impacts caused by greenhouse gas emissions produced by the companies. Do they really think they can win?
The lawsuit filed by three local governments inColorado against two fossil fuel companies argues that they had elevated responsibility for the climate impacts caused by the oil they sell. Hypocrisy? Perhaps, but the lawsuit also helps define the middle of this ongoing debate about the risk of climate change.