January 26th, 2018

Bradford Council says there are ‘no plans’ to ditch fossil fuel investments in pension fund

FOSSIL fuel divestment campaigners have again been gathering in Bradford calling on the council to ditch its fossil fuel investments. The call has come following New York City’s decision to do so and campaigners are asking Bradford Council to do likewise. New York City is understood to have announced earlier this month that it is divesting its $191 billion pension funds of fossil fuels. Bill de Blasio, New York’s mayor, also announced that the city is suing the world’s largest oil and gas companies for damages caused by climate change in a two-pronged assault that he said is aimed at “standing up for future generations.”

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