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Oslo Becomes First Capital City in World to Divest From Fossil Fuels

2015-10-19 21:40:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: The City of Oslo has, today, become the first capital city in the world to ban investments in fossil fuels, as it announced it will divest its $9 billion pension fund from coal, oil and gas companies. Todays announcement follows a previous pledge in March to ban investment in coal. Lan Marie Nguyen Berg, of the Green Party in Oslo said: We are very happy to announce that Oslo will take responsibility for the climate, both through our own policies and our investments. The time for climate...

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