Tag: Financial Impact
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Study Reveals Financial Losses: Climate Campaigners Call for Pension Funds to Divest from Fossil Fuels
Climate campaigners are urging pension funds to divest from fossil fuels following a study revealing substantial financial losses incurred by major U.S. funds due to investments in the oil, gas, and coal sectors. Pension Fund Investments Reveal $21 Billion In Fossil FueL Losses Stand.earth, in collaboration with the University of Waterloo, analyzed the public equity…