Cross-party statement calls on East Sussex County Council to stop investing in fossil fuels

Press release
Divest East Sussex [1]
9 November 2017

CROSS-PARTY STATEMENT CALLS ON EAST SUSSEX COUNTY COUNCIL TO STOP INVESTING IN FOSSIL FUELS
As international climate talks start in Bonn, new report shows that councils across the UK are investing more than £16 billion in companies like BP and Exxon

9 November 2017: As international climate take place in Bonn [2], campaigners have released a statement signed by 24 local councillors from across East Sussex calling on East Sussex County Council (ESCC) to stop investing local people’s pensions in fossil fuels (oil, coal and gas). The statement, which has been signed by Conservative, Labour, Liberal Democrat and Green Councillors, as well by Independents, welcomes ‘the recent unanimous cross-party decision by Labour and Conservative Councillors on the Waltham Forest Pension Fund Committee to completely divest the £735 million Waltham Forest Pension Fund of its investments in fossil fuel industries’ and calls on ESCC to ‘divest local people’s pensions from these dirty, damaging and financially risky industries.’ [3] Continue reading Cross-party statement calls on East Sussex County Council to stop investing in fossil fuels

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