We can't change the fossil fuel companies' behavior in isolation from the rest of the industrial system. As long as they have customers, they're going to continue to operate, whether or not we divest of their stock. However, divesting might be helpful in terms of disrupting the story that what these companies do is perfectly okay. This situation differs from apartheid in a key regard though: racial equality in South Africa was no threat whatsoever to capitalism as we know it. Ending the fossil fuel era is a much deeper change.
Charles EisensteinEach person you interact with, is an entire universe unto themselves, a Divine Being, unspeakabley precious.
Charles EisensteinEven if we profess to be non-judgmental, there's an inherent judgmentality and hierarchy in which the spiritual person, the conscious person, the mindful person, is more developed than the typical truck driver or waitress or heroin addict. This is a red flag, another problem built into the concept of spirituality. The truth is that every person you meet is in some way more developed than you are, and that the multiple modes of development that a human being can pursue require the whole of humanity to pursue. We're in this together. Enlightenment is a collective effort.
Charles EisensteinEven if I had money to invest I wouldn't invest it in oil companies - - or their bankers, suppliers, customers ... really that means the whole stock market. I'm not opposed to divestment, but I think by itself it won't get very far. The demand is still there, the fossil fuel infrastructure is still there. Where I would like to see our political energy go is to stop ecocide on a local and bioregional level. Each new energy project involves horrible abuse of mountaintops, groundwater, forests, etc., because all the easy resources have already been extracted.
Charles Eisenstein