Oslo divests from coal companies | Environment | The Guardian
▻http://www.theguardian.com/environment/2015/mar/02/oslo-divests-from-coal-companies
The City of Oslo has committed to selling off its investments in coal companies, citing the environmental damage caused by the fuel. It joins almost 40 cities around the world, including San Francisco and Oxford, UK, in dumping fossil fuel stocks but is the first capital city to do so.
Olso’s finance commissioner, Eirik Lae Solberg, told Norway’s state broadcaster NRK: “We are pulling ourselves out of coal companies, because power generation based on coal is one of the most environmentally harmful in the energy sector. We want to use our investments to promote more environmentally-friendly energy and a more environmentally-friendly society.”
Divestment Commitments
►http://gofossilfree.org/commitments
A growing number of institutions are committing to divest from fossil fuels. This page lists the commitments from colleges and universities, cities, counties, religious institutions, and other institutions. You can click on each name for more information about the type of commitment they’re making.