UK councils still invest in fossil fuels despite declaring climate emergency


Nearly £10bn worth of investments including in oil and gas made via pension funds in last financial year

Local councils that have declared a climate emergency are continuing to pour money into fossil fuels through their staff pension funds, analysis has shown.

Nearly £10bn worth of investments in fossil fuels, including oil and gas companies such as BP and Shell, were found in local government pension funds in the last financial year, according to an assessment by the campaign groups Platform and Friends of the Earth.

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