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Australian city council divests from fossil fuels

2014-10-10 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The City of Moreland, north of Melbourne, has become the first municipality in the state of Victoria to ditch holdings in fossil fuels companies, following calls from campaigners to cut ties with the businesses most responsible climate change. The city council become the latest to sign up to the growing global divestment movement, joining Seattle in the US, Oxford in the UK and Dunedin in New Zealand. On Wednesday the council voted to rule out future investment in coal or gas companies and...

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