This article assumes we are in a climate crisis and need to stop burning fossil fuels. If you do not believe that, we need a different conversation.
Climate Change Dispatch quoted Mr. Gates as saying, “I don’t know the mechanism of action where divestment [keeps] emissions [from] going up every year. I’m just too damn numeric.” Actually, Mr. Gates was not numeric enough about the paradigm shifting impact.
Mr. Gates failed to quantify divestment's paradigm shifting impact. To change our system, we need to change its driving paradigm. Divestment changes the paradigm by signalling social values, goals, and rules. We vote with our dollars. We put our money where our mouth is. We use phrases like "socially responsible investing."