The Guardian Media Group, as part of its 'Keep it in the ground' campaign, has begun the process of divesting its more than £800m investment portfolio from fossil fuels. The full story[url] is here[/url].
I'm a trustee of a local charity and we recently did the same thing. Our decision was mainly an ethical one (we felt investing in fossil fuels didn't fit with our values) but there's an increasingly strong financial argument as investors realise these companies aren't the cash cows they used to be.
The University of Warwick in Coventry has committed to divest from fossil fuels. Keep me up to date with Guardian environment coverage, including campaign updates. The move followed a campaign launched by the Guardian calling . The fossil fuel divestment campaign and the Guardian have also passed their judgment on the facts. A recent Guardian Live debate explored the hot topic of fossil fuel divestment, looking at how individuals and investors can make.
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