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I read that yesterday and mainly agree but it does seem to neglect that the largest divesment in history is currently happening, institutional investors pulling out of coal is what is killing that industry and it is now turning to oil. Like they say though, when the largets company in the world floats it is hard for an index tracker not to buy it, even if it is a turd sandwich.
Pensions and fossil fuels
https://www.theguardian.com/money/2019/nov/02/worlds-biggest-polluter-saudi-aramco-floatation