global fossil fuel divestment campaign

Newcastle City Council voted on August 26 to join the global push to divest from fossil fuel. This follows the ACT’s announcement that it would become the first Australian government to divest from fossil fuels and aim to have 100% renewable energy by 2025. With a total investment portfolio of $280 million, Newcastle council has also told Australia’s big four banks they need to divest portfolios of assets that include coal and oil.
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