Above: From the June 28, 2018 Fossil Free Berlin Action. “Today we are asking the German parliament to take out its money from dirty coal, oil and gas and invest it into a healthy planet and a fossil-free future! Finance our future, instead of climate chaos!,” Credit: Willem Thomson/Fossil Free Berlin.
Workers who see the recent gyrations and crashes in coal, oil, and gas stocks may wonder what it all means for their pension funds. Many major cities around the world, including London, New York City, Auckland, Berlin, Copenhagen, Melbourne, Oslo and Stockholm have been taking steps to divest their pension funds from fossil fuels, both to protect their workers’ pension investments and to protect the climate.
To learn more, see the guide Divesting from Fossil Fuels, Investing in Our Future: A Toolkit for Cities.