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Another Giant Pension Fund Divested From Oil, Coal, And Gas Companies

2016-06-07 01:12:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: D.C.`s $6.4 billion city government pension fund has divested from fossil fuels. In September, the District of Columbia pledged to curb its greenhouse gas emissions by 80 percent by 2050. Consistent with that aim, D.C`s Retirement Board has scrubbed its $6.4 billion pension fund of investments in the 200 largest publicly traded coal, oil and gas companies. I applaud the D.C. Retirement Board for doing right by all Washingtonians, said D.C. Council member Charles Allen. In the past, divestment...

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