Tag: divestment
Study reveals oil & gas divestment of pensions could cost trillions – IPAA
Fossil fuel divestment would cost nation’s top 11 pension funds up to $4.9 trillion over long term A first of its kind study finds public pension funds could lose trillions of dollars if they divested from fossil fuel related investments, according to a release from Independent Petroleum Association of America(IPAA). The new report, authored by Prof. […]
Divestment, “leave it in the ground” agenda threatens consumers and economic growth
AAA estimates that American consumer saved, on average, over $550 in 2015 on transportation fuel costs as a result of abundant energy WASHINGTON – The District of Columbia government’s decision to force its $6.4 billion pension fund to fully divest in 200 fossil fuel companies has drawn heavy fire from the oil and gas industry. “Divestment is a […]
Forget lost returns: Transaction fees could cost divested institutions billions
New study quantifies for first time significant transactional and compliance costs divested schools will be forced to bear WASHINGTON, D.C. – A new study commissioned by an American producers organizations shows that the divestment of oil and gas assets carries hidden costs may exceed losses that divested institutions would expect to suffer from weaker portfolio performance. Previous studies have […]
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