Church of England promises to divest from fossil fuels

Science magazine (13 July 2018) reports (News | In Brief, p. 114) that the Church of England has decided to divest itself from fossil fuel companies. The Church divested itself of £12 million in assets from tar sands and coal projects in 2015, but the next stage will be much larger, about £125 million in shares in large oil and gas companies. The Church’s efforts also include teaming up with the London School of Economics to create the Transition Pathway Initiative, an assessment tool that examines a company’s preparedness for a low carbon economy. Perhaps this would interest the Trustees of Reed College?

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