A fixation on system change alone opens the door to a kind of cynical self-absolution that divorces personal commitment from political belief. This is its own kind of false consciousness, one that threatens to create a cheapened climate politics incommensurate with this urgent moment.
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Because here’s the thing: When you choose to eat less meat or take the bus instead of driving or have fewer children, you are making a statement that your actions matter, that it’s not too late to avert climate catastrophe, that you have power. To take a measure of personal responsibility for climate change doesn’t have to distract from your political activism—if anything, it amplifies it.
Here is the definition of divesting.
You seem to be confused about what individual carbon footprint is because you’re talking about business choices as if they are an individuals choices.
Business owners divesting has nothing to do with an individuals carbon footprint.
If you can put pressure on your pension provider, local government, church, favourite charity or any other organisation you care about to drop funds with them in entirely then all the better.
This is accomplished by group action and legal/political pressure which is the opposite of reducing your individual carbon footprint. That is the systemic change I am saying we need.
Not telling people they need to walk to work so they don’t burn fuel. Or get solar panels to stop funding coal, when they live in an apartment.