Seattle Mayor Orders Divestment from Fossil Fuels

“Along with encouraging the pension funds to divest, Mayor Mike McGinn also committed to making sure that city funds stay out of the fossil fuel industry, writing, “The City’s cash pool is not currently invested in fossil fuel companies, and I already directed that we refrain from doing so in the future.”  Seattle is taking to heart the new campaign of 350.0rg, which is asking universities and large pension funds to stop funding the fossil fuel industry. Read more.