The Copenhagen City Council is expected to approve a proposal to drop all investment in fossil fuel holdings. If the proposal is approved on Tuesday by the finance committee, the Danish capital will sell off its stock and bonds in coal, oil and gas, which is thought to be worth 6.9 billion kroner (£700m), reports The Local. The decision, if passed, will make Copenhagen the country’s first investment fund to sell its stocks and bonds in fossil fuels.
Independent 2nd Feb 2016 read more »