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September 11, 2018

Bill McKibben: More than $6 Trillion Divested from Fossil Fuel Companies So Far
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350.org co-founder Bill Mc Kibben announced Monday that more than $6
trillion of endowments and portfolios have now been divested from fossil
fuel companies. The new target by 2020, he says, is $10 trillion
divested from fossil fuel companies. On Monday, New York City mayor Bill
De Blasio and London Mayor Sadiq Khan published a joint op-ed in The
Guardian calling on other cities around the world to divest their
assets, writing, "We believe that ending institutional investment in
companies that extract fossil fuels and contribute directly to climate
change can help send a very powerful message that renewables and
low-carbon options are the future."


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