Washington DC has become the latest city to “divest” from fossil fuels, selling its direct investments in 200 of the most polluting companies working in oil, coal and gas. The announcement comes after three years of lobbying by citizens’ group DC Divest, who urged the city council to invest in renewable energies. A DC Divest spokesperson said: “Now it’s time for Congress to… pass comprehensive legislation to limit the carbon pollution”. Washington DC is committed to reducing its greenhouse gas emissions by 80% by 2050. Other cities who have divested from fossil fuels include San Francisco, Minneapolis, Oslo, Copenhagen, Seattle and Melbourne.
Washington DC has become the latest city to “divest” from fossil fuels, selling its direct investments in 200 of the most polluting companies working in oil, coal and gas. The announcement comes after three years of lobbying by citizens’ group DC Divest, who urged the city council to invest in renewable energies. A DC Divest spokesperson said: “Now it’s time for Congress to… pass comprehensive legislation to limit the carbon pollution”. Washington DC is committed to reducing its greenhouse gas emissions by 80% by 2050. Other cities who have divested from fossil fuels include San Francisco, Oslo, Minneapolis, Copenhagen, Seattle and Melbourne.