HMG gives UK pension funds green light to dump fossil fuel investments if they see risk of stranding

Department of Work and Pensions says its new regulations, proposed today, “are intended to reassure trustees that they can (and indeed should) take account of financially material risks.”

This is another useful step forward, clearing yet more hiding places for climate-change foot draggers, whether on the extraction side or the investment side.

Image: Genuscap.com

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