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Oakland votes divest dirty energy economy based fossil fuels

2014-06-19 11:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Oakland city council has unveiled plans to become the fifth Californian city to move finance away from companies blamed for worsening climate change, while also banning transportation of coal in the city. The city council has unanimously approved plans to divest its funds from companies whose primary business or enterprise is extraction, production, refining, burning and distribution of any fossil fuels and put forward recommendations for city pension funds to exclude fossil fuels from their...

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