鈥淏erlin is the latest city to pull out of fossil fuels鈥�
Abgeordnetenhaus Berlin / The Huffington Post
In line with a global divestment movement, the city of Berlin has decided to divest its money from 鈥渃ompanies whose business model contradicts the goal of climate neutrality,鈥� according to the text of a parliamentary proposal approved by the plenary. The decision 鈥渨ill force the city鈥檚 pension fund 鈥� worth 852.8 million US-dollar, or 750 million euros 鈥� to divest from shares of German oil giants RWE and E.ON, as well as the French behemoth Total,鈥� writes the Huffington Post.
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