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U.S. Cities Joining Push to Dump Fossil Fuel Investments

2013-04-26 23:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: Nearly a dozen U.S. cities have announced their interest in withdrawing municipal investments from fossil fuel companies, joining a fast-growing movement among colleges and universities that supporters say is allowing citizens concerned with environmental degradation and global climate change to act in lieu of federal action from the U.S. Congress. On Tuesday, the San Francisco board of supervisors unanimously voted to recommend that the city's retirement fund formally "divest" of any oil-and-coal...

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