I met several people in the finance-with-conscience crowd the other week, when I went for a spot of champers and Marmite soldiers at the House of Commons for National Ethical Investment Week.
I learned about various views on social and positive impact investment, and about elements of the Coalition Government’s “Big Society” and the proposed Green Investment Bank.
Ethical Investment appears to have come a long way since I put some money into a Fair Trade company many moons ago, where I knew I would never see a dividend, or even be able to sell the shares at some point.
Grown up people in sharp suits and big name frocks now do moral banking, and often reap a healthy return on their investment – “doing well” as well as “doing good”, as Adam Ognall of UK Sustainable Investment and Finance says.
I was challenged to think about what faith communities do with their money around a month ago, all precipitated by a conversation I had with Martin Palmer of the Alliance of Conservation and Religions, and then I heard something at a recent meeting that caused me to investigate a little… Continue reading Ethical Investment
I rubbed my eyes, but the logo didn’t disappear. The Independent newspaper article had a graphic explaining that the article was “in association with Shell” :-
Further clue : the author was Tom Burke, “Mr Clean Coal” to those of us that know of him.
The article was great, up until the paragraph :-
“Without deploying carbon capture and storage technologies for coal and gas, Europe has no workable climate policy…”
Well, we knew Tom Burke was going to say that, didn’t we ?
But why was the article “in association with Shell” ? Is this the start of advertising masquerading as opinion articles ?
What could possibly link Royal Dutch Shell to Carbon Capture and Storage ? The “Enhanced Oil Recovery” (EOR) angle, possibly – Shell offering to pump Carbon Dioxide down into its depleting oil and gas wells in an attempt to raise the pressure on the remaining hydrocarbon, to squeeze it out.
Continue reading The Independent “in association with Shell”