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United Kingdom: Boris Johnson told divest 4.8bn pension fund from fossil fuels
2015-03-11 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Boris Johnson has been told by the London assembly to pull City Halls 4.8bn pension fund out of coal, oil and gas investments, after assembly members voted on Wednesday on a motion in support of the fossil fuel divestment movement. The motion calls on the mayor to publicly support the principle of divestment and to begin the process of dumping the fossil fuel portfolio of the London Pension Fund Authority (LPFA). But the vote is non-binding, meaning the mayor is bound only to consider its proposals...
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