Guardian: Its been 23 years since investor activists first tried to get the oil business to face up to the risks of climate change. Progress has been painfully slow and gains have been few. Now many campaigners have concluded that engagement is not delivering anywhere near fast enough: it is time to sever ties with fossil fuel companies.
Engagement is useless, said Bevis Longstreth, a securities and exchange commissioner during the Reagan administration, who has signed on to the divestment campaign by...