"Without policies such as regulations or taxes on very polluting investments, it's unlikely that wealthy individuals making a lot of money from fossil fuel investments will stop investing in them," says one economist.
Owning the stock doesn’t impact profits. If I don’t own it, someone else will own it. Even if no one owns it and BP buys back the stock… the profits still exist.
BP isn’t sitting there saying, “FunderPants sold their mutual fund, cut back production by 10 barrels.” They’re producing to meet demand from the market. Profit is a byproduct of those sales. It has nothing to do with stock price.
Owning the stock doesn’t impact profits. If I don’t own it, someone else will own it. Even if no one owns it and BP buys back the stock… the profits still exist.
BP isn’t sitting there saying, “FunderPants sold their mutual fund, cut back production by 10 barrels.” They’re producing to meet demand from the market. Profit is a byproduct of those sales. It has nothing to do with stock price.