Guardian: The City of Sydney council is set to divest from fossil fuels this year, regardless of the outcome of the election on Saturday, after a two-year campaign by members of the anti-fossil fuel group 350.org.
The council has more than $500m under management. At the last meeting before the election, it unanimously passed a motion calling for a new investment policy that would divert those funds away from banks that invest in fossil fuels.
In 2015 the big four banks Westpac, ANZ, NAB and the Commonwealth...