Irrespective of the true underlying causes, complementarity between energy and capital means that divestment will take place upon an energy price increase.
Burdened by capital losses from divestments and further decreases in profits from divisions it is trying to sell, ABB, the Swiss engineering firm, posted its fourth consecutive quarterly loss.
The government will also introduce a civil penalty to stop foreign investors capturing any capital gain made on divestment of a property.
The shift We are already seeing an increase in the growth of sustainable capital investments and a strong divestment from fossil fuels and other polluting industries.
"We look forward to concluding this deal as part of our plans to release some $5 billion of capital in the next two years through strategic divestments".
Mike McGinn, who as mayor of Seattle in 2013 was the first mayor to commit a city to divestment, said: "They're moving their financial capital - now it's time to use their moral capital and publicly commit to divestment.
It has $8 billion in cash, a reasonable 23% debt to capital ratio, and expects to raise $3 billion from divestments this year.
The Corporate segment deals with investment of the Suncorp Group's capital; Suncorp Group business strategy activities, including business combinations and divestments; and Suncorp Group shared services.
Lord Deben said: "The options before us are impressive in scope and scale – from energy efficiency financing through green bonds to private investment in renewable energy, from divestment from fossil fuels to investment in green venture capital".
Candidates for divestment could include part or all of the consumer-finance, capital markets, aircraft-leasing or fund-management businesses though the last of these fits well with AIG's insurance operations.
Sony Ericsson's expected quarterly loss would be the third in a row, and the company is burning cash at an alarming rate — a capital injection from both parents may be a necessary prelude to any divestment on more reasonable terms.
