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U.S. Divestment Movement Gaining Momentum

2013-02-08 01:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: A months-old national campaign to convince U.S. colleges, universities and city governments to withdraw investments from the world's largest oil and gas companies has seen some notable initial successes. On Tuesday, a city supervisor in San Francisco introduced resolutions calling on the city's retirement fund to "divest" all money it has in fossil fuel companies and gun manufacturers. That followed a significant recent decision by the city of Seattle's two-billion-dollar retirement fund to actively...

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