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Al Gore Backs Growing Fossil Fuel Divestment Campaign

Feb 8, 2013
(Inter Press Service)

A months-old national campaign to convince U.S. colleges, universities and city governments to withdraw investments from the world’s largest oil and gas companies has seen some notable initial successes.

On Tuesday, a city supervisor in San Francisco introduced resolutions calling on the city’s retirement fund to “divest” all money it has in fossil fuel companies and gun manufacturers. That followed a significant recent decision by the city of Seattle’s two-billion-dollar retirement fund to actively shed its stocks in companies that contribute to climate change.

And Wednesday, former U.S. vice-president Al Gore, a prominent climate activist and Harvard alum, sided with a strengthening campaign to get that school to back out of its oil and gas investments.