Bloomberg: Environmental activist Bill McKibben is asking people, institutions and governments to divest holdings of fossil fuel companies in a bid to avert the worst impacts of climate change.
If companies and governments produce and burn all their reserves of coal and oil, temperatures will surpass a level many scientists say will trigger catastrophic climate change, McKibben said today in at the Bloomberg New Energy Finance conference in New York. Starving fossil fuel producers of capital, he said, is...