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Washington, D.C. divests $6.4 billion pension fund from fossil fuels

by LiveModern Webmaster last modified Jun 08, 2016 01:05 AM
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by Josh Marks last modified Jun 07, 2016

Washington, D.C. has become the latest city to take climate action by divesting from fossil fuels. The District of Columbia Retirement Board will sell off its direct investments in 200 of the most polluting oil, coal and gas companies. The decision to divest the city's $6.4 billion pension fund from fossil fuels was the result of a three-year campaign by DC Divest, a citizens group calling on the city council to stop investing in companies that emit the greenhouse gases that cause climate change...






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