World Council of Churches pulls fossil fuel investments

Guardian UK - An umbrella group of churches, which represents over half a billion Christians worldwide, has decided to pull its investments out of fossil fuel companies.

The move by the World Council of Churches, which has 345 member churches including the Church of England but not the Catholic church, was welcomed as a "major victory" by climate campaigners who have been calling on companies and institutions such as pension funds, universities and local governments to divest from coal, oil and gas.  Read more.