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California state pension fund fossil fuel exit bill progresses

New York City files to sue five oil majors, plans $5bn pension fossil fuel divestment

New York City has filed a lawsuit against five oil majors for damages caused by climate change, and the city's pension funds intend to divest $5 billion from fossil fuel companies, as its mayor launched a blistering attack on the firms.

Trillion-dollar wealth fund to consider dropping oil and gas investment

Norway's $1 trillion sovereign wealth fund is to consider divesting its holdings in oil and gas because of the risk fossil fuels pose to its portfolio.

Funds 'would have gained 2% over three years' through divestment

A number of major funds could have boosted their returns by more than 2% over the past three years by ditching fossil fuels, a new tool to measure the financial impact of divestment has found.

Clean power to the people

The influential climate campaigner Bill McKibben has turned his sights on demanding that investors ditch fossil fuel stocks. Peter Cripps reports