Showing posts with the label Divestment

Hearing on Fossil Fuel Divestment

The video below is of testimony before the DC City Council on the Fossil Fuel Divestment Act of 2013. The bill requires "the divestment, and prohibit(s) the investment, of public funds in the stocks, securities, or other obligations of certain companies which hold the largest fossil fuel reserves and..provide(s) for the identification of companies with the largest fossil fuel reserves." As a recent Forbes  article  noted, investor concerns about fossil fuels are growing. Related articles Yale students vote in favour of fossil fuels divestment Fossil Fuel Divestment Dominos Argument Against Divestment Dutch town first in Europe to plan fossil fuel divestment