Cost of Capital Ethics Industry Management 
Harvard Business Review
NOVEMBER 4, 2014
Proponents argue that divestment is a symbolic statement that can discourage fossil fuel consumption by stigmatizing the industry. The key argument for fossil fuel divestment is that the cost of carbon dioxide emissions and other pollutants are not being accurately priced by the market. In this case, divestment would clearly backfire.
Harvard Business Review
NOVEMBER 4, 2014
Proponents argue that divestment is a symbolic statement that can discourage fossil fuel consumption by stigmatizing the industry. The key argument for fossil fuel divestment is that the cost of carbon dioxide emissions and other pollutants are not being accurately priced by the market. In this case, divestment would clearly backfire.
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