Author makes financial case for divesting from fossil fuels
Tom Nowak of Quantum Financial spoke at Green Fest in Chicago recently, and there he discussed whether it makes financial sense for investors to divest from funds that include fossil-fuel holdings. Nowak, an expert on socially conscious investing who wrote the book Low Fee Socially Responsible Investing: Investing in Your Worldview on Your Own Terms, says the financial case rests on the likelihood that there will someday be a carbon tax imposed on energy producers. Read more in Forbes.