Sustainable Investment Means Energy Independence From Fossil Fuels

7 Pages Posted: 24 Feb 2013  

Muriel Strand

Independent

Date Written: February 22, 2013

Abstract

CalPERS is only one of many investors who face major challenges in finding and evaluating truly sustainable investments. Cheap fossil fuels create a strong monetary bias against stable secure steady-state investment in basic needs, while aggravating the climate change which makes sustainability a key goal. Cheap fossil fuels also offer unprecedented size and power to large, hierarchical, centralized, and authoritarian organizations that are ill-suited to human nature and historical culture. Some innovative perspectives, approaches and criteria for success in meeting these challenges are described and discussed, along with several specific examples.

Keywords: sustainable investment, fossil fuel, steady-state

Suggested Citation

Strand, Muriel, Sustainable Investment Means Energy Independence From Fossil Fuels (February 22, 2013). Available at SSRN: https://ssrn.com/abstract=2222988 or http://dx.doi.org/10.2139/ssrn.2222988

Muriel Strand (Contact Author)

Independent ( email )

No Address Available

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