Buggy-whip investors

Letter to Editor by Lee Lull, Ashland Daily Tidings, December 27, 2017

Three of the world’s largest financial institutions — the World Bank, ING (a transnational bank), and AXA (a huge insurance company) — have recently announced plans to divest from fossil fuels (coal, oil, and gas) over the next few years. AXA will no longer insure U.S. pipelines, while ING will also increase investments into clean energy.