inbluevt | Date: Friday, 2013/05/03, 7:42 PM | Message # 1 | DMCA |
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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 holdings, some 583 million dollars’ worth. Next week, the nearby town of Berkeley is set to vote on a resolution that would request the enormous California state pension system to do the same.
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Message edited by inbluevt - Friday, 2013/05/03, 7:43 PM |
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