Labour and Conservative Councils Criticised Over ยฃ7.5 Billion Investments In Fossil Fuel Pensions

Oil and gas pipelines in New Mexico, USA. Credit: Wikimedia Commons/Forest Guardians (CC BY-SA 3.0)

Local council pension funds in England controlled by the Labour and Conservative parties together hold ยฃ7.5 billion in fossil fuel shares, a new analysis has found. Environmental campaigners Platform and climate consultancy Transition Economics ranked political parties according to their local council pension fossil fuel investments, finding that Labour-controlled councils hold ยฃ3.9 billion in investments […]