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

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.
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