Monthly Archives : October 2015

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Fossil Fuel Free?

Mark Bateman - October 29, 2015

One of the trends sweeping the marketplace is fossil fuel free investment options. But investor beware—not everyone means the same thing. Google “fossil fuel free investing” and you’ll get a long list of mutual funds, white papers, and advocacy positions.

The recent push for fossil fuel divestment emerged in part because of advocacy by 350.org, arguing that proven fossil fuel reserves held by oil and coal companies were in fact “stranded assets” that could never be developed in a warming world. The argument continues that these stranded assets have resulted in inflated share prices. 350.org advocates divestment from the largest 200 oil and coal companies, based on carbon reserves. While many research firms have equivalent lists, the original list is maintained by Fossil Free Indexes (FFI). (more…)

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Guns and Investors

Mark Bateman - October 12, 2015

Second Amendment rights versus gun control.  This is one of the sharp dividing lines in American politics with no shortage of commentary on both sides.  Tragedies like the recent mass shooting in Roseburg, Oregon, draw out a new spate of commentaries, including comedy skits on Saturday Night Live.

But what do investments in guns look like?  There are only a handful of publicly traded U.S. companies that manufacture firearms for civilian markets:  Smith & Wesson (SWHC), Sturm, Ruger & Company (RGR), and Olin Corporation (OLN).  These companies represent approximately $5 billion in combined market capitalization. (more…)