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Ethan Allen Hawley
Joined: 04 Jun 2006
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Ethan Allen Hawley
Joined: 04 Jun 2006
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 Posted: Tue Nov 26, 2013 8:13 pm Post subject: |
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On a similar topic, the entire city of Seattle is looking to divest. Here's the fresh new clip on that:
https://www.youtube.com/watch?v=IelLpQm7Zg8
The flip side to divestment is of course wiser investment; Solar Mosaic is the thriving company that offers that option:
https://joinmosaic.com/how-it-works
and there's a video offering a simple explanation of it here:
http://www.youtube.com/watch?v=kJaI79r9L5M
So, questions for more mature Korean free talking students might include:
What movement is there for divestment in Korea?
What opportunities are there for wiser post-fossil fuel investment are there in Korea?
What is "future proofing"? |
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rollo
Joined: 10 May 2006
Location: China
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| Posted: Tue Nov 26, 2013 8:32 pm Post subject: |
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| Korea uses nuclear for its electrical needs. So they are ahead of most countries as far as fossil fuel usage. Just stick to teaching English, leave the preaching out of it. |
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Ethan Allen Hawley
Joined: 04 Jun 2006
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| Posted: Wed Nov 27, 2013 1:31 am Post subject: |
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| rollo wrote: |
| Korea uses nuclear for its electrical needs. So they are ahead of most countries as far as fossil fuel usage. Just stick to teaching English, leave the preaching out of it. |
[*snort*] Korea also uses a LOT of oil.
Remember September 7th, just after 7pm, in 2007?
260,000 tonnes of crude was spread by a storm all over the west coast just south of Seoul:
http://en.wikipedia.org/wiki/2007_South_Korea_oil_spill
[*chortle*] "ahead" .. you mean as in left behind by, or keeping pace with Japan? You do know that most reactors around the country are the same design as that which was swamped and crushed in Fukushima, right? And that huge corruption has been exposed within the local industry only this year, right?
[*giggle*] The most effective teachers relate their lessons to what's current/ topical/ relevant. But go ahead: you're welcome to continue with your fixation on the textbook. |
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radcon
Joined: 23 May 2011
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| Posted: Wed Nov 27, 2013 6:37 pm Post subject: |
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| Your "snorts" "chortles" and "giggles" are very douchey. |
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Ginormousaurus
Joined: 27 Jul 2006
Location: 700 Ft. Pulpit
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| Posted: Thu Nov 28, 2013 7:46 am Post subject: |
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| I don't really see how divestment is intended to work. Let's say some large group of investors (some pension fund for example) decides to sell off all their shares in an oil company. Supposing that oil company is profitable, what's to stop other people from swooping in and buying up the stock? Smart investors aren't just going to leave money on the table. In the end, the pension fund is just shooting itself in the foot. There will be absolutely no effect on the demand for fossil fuel energy, and thus, no effect on GHG emissions. |
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Died By Bear
Joined: 13 Jul 2010
Location: On the big lake they call Gitche Gumee
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Fox
Joined: 04 Mar 2009
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| Posted: Thu Nov 28, 2013 4:42 pm Post subject: |
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| Ginormousaurus wrote: |
| I don't really see how divestment is intended to work. Let's say some large group of investors (some pension fund for example) decides to sell off all their shares in an oil company. Supposing that oil company is profitable, what's to stop other people from swooping in and buying up the stock? |
How could they even sell off their shares in the first place unless someone else were to buy it? |
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Ginormousaurus
Joined: 27 Jul 2006
Location: 700 Ft. Pulpit
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| Posted: Thu Nov 28, 2013 5:41 pm Post subject: |
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| Fox wrote: |
| Ginormousaurus wrote: |
| I don't really see how divestment is intended to work. Let's say some large group of investors (some pension fund for example) decides to sell off all their shares in an oil company. Supposing that oil company is profitable, what's to stop other people from swooping in and buying up the stock? |
How could they even sell off their shares in the first place unless someone else were to buy it? |
That's exactly it. Divestment will do nothing to the industry.
Worst case scenario they have to sell for lower than market value just to get rid of them and keep some kind of moral high ground.
Meanwhile the demand for oil remains unaffected. |
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