Isn't this just virtue signaling? What difference does all this divestment actually make towards the goals? Surely, someone with less of a penchant for moral g

Isn't this just virtue signaling? What difference does all this divestment actually make towards the goals? Surely, someone with less of a penchant for moral grandstanding will be happy to buy up shares of fossil companies at a discount. Fossil fuel business doesn't become less profitable just because parts of the equity markets decide to value it lower. You may argue that divestment prevents companies from rolling their infrastructure. I disagree, if there's a solid profit to be made, someone will bankroll it.