DAPL Economics: Investor Concerns and Market Forces Work Against the Project

Opposition to the Dakota Access Pipeline (DAPL) is having an impact, even on the mainstream financial sector.

Give Steven Heim and Boston Common Asset Management part of the credit.

Heim is not a name you will recognize, but he is an important behind-the-scenes player. He works for the Boston Common Asset Management, a company committed to the “global commons” and “dedicated to the pursuit of financial return and social change…”

According to Tim Brennan, Treasurer and CFO of the Unitarian Universalist Association (UUA), a community opposed to the pipeline, Heim “has been a leader in getting investors organized around DAPL.”

Here is the background on how Heim and Boston Common have been working to stop DAPL, and other updates from the financial sector. Continue reading