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Prof. Aseem Prakash quoted in "UW’s fossil fuel divestment: What does it mean?"

Submitted by Ryan Yun on November 22, 2022 - 2:59pm

Our professor Aseem Prakash has been interviewed by the student-led activist group Institutional Climate Action (ICA).

“[The Sept. 8 vote directs the Board to] instruct their financial advisors not to invest their money in fossil fuel companies, and even divest from existing investments,”

“The impact on [fossil fuel] stock markets will be minimal. Until all institutional investors divest, nothing will happen… This is more of a signaling exercise. Substantively, it does nothing,” Prakash said. 

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