UK council pension funds invested £16bn in fossil fuels – new estimate
UK local authority pension funds are estimated to hold £16 billion in fossil fuel investments, according to new analysis published today.
UK local authority pension funds are estimated to hold £16 billion in fossil fuel investments, according to new analysis published today.
Campaigners from across the UK called today for councils to divest their pension funds from fossil fuels.
Billions of pounds remain invested in fossil fuels through local government pension funds, even though three-quarters of councils have declared a climate emergency, a new report reveals.
The next UK government must stop supporting overseas fracking operations, a coalition of organisations demanded today.
Data released today suggests that UK councils have invested more than £9 billion from staff pension funds in fracking companies, despite opposition to the process.
Opponents of Third Energy’s plans to frack a well in North Yorkshire blocked the road either side of the site entrance early this morning with wooden platforms.