_moneytalks VI: Non-renewables not considered important?
Why is there still an investment?
reprint Investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas over the past five years according to analysis by the world’s leading stock market index company, MSCI, which runs global indices used by more than 6,000 pension and hedge funds, found that investors who divested from fossil fuel companies would have earned an average return of 13% a year since 2010, compared to the 11.8%-a-year return earned by conventional investors. _progress | M replaces _kt75 | mirror. visit: http://progress-m.blogspot.com . ready: 01.07.2015. close ✕ The figures indicate that if a major charitable institution or foundation with £100m in funds had divested from fossil fuels in November 2010 they would be around £7m better off today than if they had maintained their holdings in coal, oil and gas companies. In total, a portfolio of shares with fossil fuel companies included has grown in value by 62.2% since 2010, but t