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Climate Beat

Fossil fuels: Environmentalists ‘turn up the heat’ on divestment

January 10, 2020
Environmentalists are launching a new effort pushing the finance sector to stop investing in fossil fuels and deforestation, an effort dubbed the Stop the Money campaign that will combine and intensify existing initiatives targeting the “worst offenders in each part of the financial sector,” Sierra Club and 350.org said in a statement. The statement promises to “turn up the heat” in the coming months on targets including JP Morgan Chase, the “largest private funder of fossil fuels in the world”;...


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