Environmental activists won an incredible victory this week after the state of New York announced it will divest its $226 billion pension fund from fossil fuels. New York state has the third-largest pension fund in the US, with more than $12 billion having been invested in … [Read more...] about New York to divest massive pension fund from fossil fuels
Divest movement
Major hedge fund dumps oil companies for lobbying against climate action
That oil, gas, and mining companies extract resources while damaging the environment is already bad enough, but what is absolutely unacceptable is that some of these companies lobby against climate action. That’s why a Nordic hedge fund worth more than $90bn (£68.6bn) has dumped … [Read more...] about Major hedge fund dumps oil companies for lobbying against climate action
The UK’s parliament pension fund is dumping fossil fuel investments
Good news from the clean energy front in the UK: The Parliament’s pension fund, which takes care of the pensions for members of parliament (MP), has made record investments in renewable energy and cut its exposure to fossil fuel companies. A new report from the £700m pension … [Read more...] about The UK’s parliament pension fund is dumping fossil fuel investments
Half of the UK’s universities are now committed to divesting from fossil fuels
For years, we’ve seen environmental groups and students urge universities to divest from dirty fossil fuels. Finally, it seems those efforts are paying off. A total of seventy-eight of the UK’s 154 public universities have jumped onto the divestment bandwagon, either divesting or … [Read more...] about Half of the UK’s universities are now committed to divesting from fossil fuels