Bill and Melinda Gates Foundation divests entire holding in BP

Just in case you didn’t see it else where – World’s largest health charity sells its $187m stake in the oil giant in a move welcomed by fossil fuel divestment campaigners…Bill Gates has called the selling off of coal, oil and gas stocks a “false solution” to climate change, but the known investments of his foundation in major fossil fuel companies has fallen by 85% since 2014…Investors managing over $3.4tn of assets have already committed to fossil fuel divestment, including Norway’s sovereign wealth fund, the world’s largest.

>more> TheGuardian

Unknown's avatar

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
This entry was posted in Campaigns and tagged , , . Bookmark the permalink.

Leave a comment