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UK's biggest pension fund begins fossil fuels divestment

Thursday 30 Jul 20 11:00am

Heavy-duty mining vehicles at a tar sands mine in Alberta, Canada. The National Employment Savings Trust will ban investments in companies involved in extracting oil from tar sands.

 

THE UK’s biggest pension fund, the government-backed National Employment Savings Trust scheme with nine million members, is to begin divesting from fossil fuels.

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