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What is fossil fuel divestment?
2015-03-09 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Divestment is the opposite of investment it is the removal of stocks, bonds or funds from certain sectors or companies. The global movement for fossil fuel divestment (sometimes also called disinvestment) is asking institutions to move their money out of oil, coal and gas companies for both moral and financial reasons. These institutions include universities, religious institutions, pension funds, local authorities and charitable foundations. Evidence shows that proven fossil fuel reserves are...
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Category:Electronics and Electrical