Home
/
RELIGION & LIBERTY ONLINE
/
Fossil Fuel Divestment: Economically Reckless and Morally Callous
Fossil Fuel Divestment: Economically Reckless and Morally Callous
Jul 12, 2025 7:06 AM

“Who cares about the suffering and premature death of millions in the developing world?” asks Bruce Edward Walker in this week’s Acton Commentary.”Not religious activists agitating for fossil fuel divestment.”

In another trendy move, environmentalist shareholder activists are pressuring panies in which they invest to scale back in part pletely their interests in oil, gas and coal. For example, Danielle Fugere, president and chief counsel at the As You Sow religious shareholder activist outfit, told The Guardian last month that “market fundamentals” are changing. “We see a whole number of factors moving markets away from fossil fuels – pollution, technology changes, efficiency petition from low-cost renewables,” she said. “We’re seeing the market changing – the world is moving to cleaner resources, and these panies have to move with the market or they’ll get replaced.”

The full text of the essay can be found here. Subscribe to the free, weekly Acton News & Commentary and other publications here.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Commonweal’s Heresy Hunt
One does not broadcast his opinions in various forums over the years as I have done without receiving my fair share of disagreement from all sides, friends and foes alike. One participant who came to a recent conference remarked, “All my life I have been looking to build a fair and egalitarian society, but I have now learned why it is better to advance a free and virtuous society.” Yet, something new came my way when I received an envelope...
Sonseed > Christian Guitar Heroes
I made a mental note of it awhile back when I heard that there was a “Christian” version of the immensely popular Guitar Hero video game franchise in the works. Wired recently reviewed Guitar Praise – Solid Rock here. Reviewer Eliot Van Buskirk notes that Guitar Praise “inhabits a gentler world where a bad performance gets you mild clapping and gentle suggestions instead of the raucous boos and catcalls that pany failure in Guitar Hero.” There are two conditions that...
10 Questions on Economics and Morality
Posted at the Center for a Just Society (notice courtesy the National Humanities Institute), Dr. Mark T. Mitchell asks a series of questions focused on the intersection between morality and economics in light of the recent financial crisis. In “Ten Questions and a Modest Proposal,” Dr. Mitchell invokes the institute’s namesake and this blog’s tagline. In question number 9, Dr. Mitchell says, Lord Acton’s hoary saying is pertinent: “power tends to corrupt.” If so, then we should make efforts to...
Nation’s Top 50 Catholic High Schools Announced for 2008
The National Catholic High School Honor Roll announced its fifth selection of the best 50 Catholic secondary schools in the United States. The purpose of the Honor Roll is to recognize and encourage excellence in Catholic secondary education. It is a critical resource for parents and educators that distinguishes those schools that excel in three categories: academic excellence, Catholic Identity, and civic education. This year’s list includes 10 new honorees as well as eight schools that have earned recognition in...
“Sustainable Capitalism”
He’s baaaaaaaak. When greeting old friends after a period of absence, Ralph Waldo Emerson used to ask: "What has e clear to you since we last met?" What is clear to us and many others is that market capitalism has arrived at a critical juncture. Even beyond the bailouts and recent volatility, the challenges of the climate crisis, water scarcity, e disparity, extreme poverty and disease mand our urgent attention… An improvement over Unsustainable Capitalism, I s’pose. But like Clinton/Gore,...
Veterans Day: Remember Bataan & Corregidor
The National WWII Memorial When FDR ordered General Douglas MacArthur out of the Philippines in 1942, the dismal fate of the American and Filipino defenders at Bataan and Corregidor was sealed. Japanese forces had blockaded the island, achieved air superiority, and set their forces up to easily overpower the American defenses. The story of Bataan and Corregidor was a heroic tragedy. Heroic in that American and Filipino forces fought back bravely for months, and tragic in that any relief, retreat,...
The Way Forward
We’ve posted Rev. Robert A. Sirico’s Oct. 30 speech delivered at the Acton Institute annual dinner in Grand Rapids, Mich. The dinner also featured a keynote address from Rev. John Nunes, president and chief executive officer of Lutheran World Relief, and remarks from Kate O’Beirne, National Review’s Washington Editor, who accepted the Acton Institute Faith & Freedom Award in honor of the late William F. Buckley, Jr. Excerpt from Rev. Sirico’s speech: Today we find institution after institution “in the...
Future Farming Facts
From the latest issue of Wired… Illustration by Dan ...
IT’S FINALLY HERE! The Birth of Freedom now available on DVD
Just in time for Christmas, Acton Media’s new documentary The Birth of Freedom is now available for purchase from the Acton Bookshoppe. panied by a study guide which explores several core themes of the documentary, The Birth of Freedom tells the story of how modern understandings of individual liberty were developed and addresses the questions, “Why would anyone believe that all men are created equal? That all should be free? That all deserve a voice in choosing their leaders? Why...
Hearts and Minds of the Governed
If a handful of friends and I were able to bang our heads against the wall for years by speaking the truth about Communist totalitarianism while surrounded by an ocean of apathy, there is no reason why I shouldn’t go on banging my head against the wall by speaking ad nauseam, despite the condescending smiles, about responsibility and morality in the face of our present social marasmus. There is no reason to think that this struggle is a lost cause....
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved