The university says it will also boost investments in cleaner energy companies.
Tag: fossil fuels
The pension giants would have to sell off more than $9 billion combined in assets by 2027.
ABP has approximately $17.4 billion invested in the industry.
The city council will also consider a legislative package aiming to tackle climate change.
Gen Y folks are five years behind Baby Boomers financially at a comparable age, renowned UTIMCO chief laments.
Institutional investors are wary of betting on the gas until it proves itself, as the technology is nascent. But its stocks are surging anyway.