The "dominant approach among climate-concerned investors" has traditionally been to divest from fossil-fuel stocks, writes Robinson Meyer in The Atlantic. That may be about to change.
The hedge fund Engine No. 1, which made headlines last month when it led a shareholders' revolt at ExxonMobil and helped install a few green-energy advocates on the oil giant's board, will on Tuesday launch an exchange-traded fund that will track the performance of the 500 largest public companies in the United States, the firm told Meyer.
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