The call for divestment from fossil fuels has traditionally been pitched to protect the future wealth of pensioners and other long-term investors. But the time frames for action have shifted markedly over the last two years, with the collapse of coal, oil and natural gas prices already triggering a massive decline in the equity valuations of fossil fuel producers.
Jeff Rubin, CIGI senior fellow, former chief economist at CIBC World Markets and thought leader on the economics of energy sources, will speak about the research presented in his CIGI paper on divestment, as well as the recent spate of major international investors who have pulled up stakes from the Canadian oil sands.
This event is held in partnership with Divest Waterloo.