Executive Deception: Four Fallacies About Divestment, and One Big Mistake
It pains this old logic professor to read university officials’ arguments against divesting their institutions of investments in fossil fuels, not because their refusal to divest is wrong-headed, although I believe it is, but because their logic is so awful. A sample of Ivy League universities’ antidivestment statements offers a primer in the fallacies that students are warned against in Logic 101. Here are four: The ad hominem argument: "I find a troubling inconsistency in the notion that, as an investor, we should boycott [the oil-and-gas industry, while we] are extensively relying on those companies’ products and services," writes Drew Faust, president of Harvard University.