Those engaged in socially responsible investing are now expending time and focus on debating one another about divestment instead of taking action to address the problem. We are treating our good allies as enemies. This is not productive.
I am all for dumping carbon stocks, if for no other reason than a sense of decency and honor. And the spectacle of targeting the enemy -- giving them a name and an address -- is great, but it needs to be linked to other forms of leverage.