Nearly £10bn worth of investments including in oil and gas made via pension funds in last financial year

Local councils that have declared a climate emergency are continuing to pour money into fossil fuels through their staff pension funds, analysis has shown.

Nearly £10bn worth of investments in fossil fuels, including oil and gas companies such as BP and Shell, were found in local government pension funds in the last financial year, according to an assessment by the campaign groups Platform and Friends of the Earth.

Continue reading…

You May Also Like

Mads Mikkelsen confirmed as Johnny Depp’s replacement in Fantastic Beasts 3

Danish Bond star Mikkelsen to take over the role of dark wizard…

‘If it was to go it would be awful’: climate crisis threatens historic north-east golf club

Saving Alnmouth from rising seas and coastal erosion complicated by links course…

What cost of living crisis? Tory hopefuls’ fuss over tax cuts is devoid of reality

Candidates’ focus on reducing tax would throw petrol on the inflationary fire…

Charge … retreat! Boris Johnson’s top U-turns in No 10

PM’s overnight rethink on MPs’ standards adds to long list of very…