We look at the range of options available if you want to move away from companies connected to fossil fuels
If you are worried about climate change, it has never been easier to move your money away from companies connected to fossil fuels, with plenty of carbon-free banking and investment options available. So says the editor of Ethical Consumer, which describes itself as the UK’s leading alternative consumer magazine, and which has this month published a personal finance guide to carbon divestment that recommends a number of best-buy products in banking, savings, mortgages and investment.
Tim Hunt says the global carbon divestment campaign has been incredibly successful in getting a wide range of institutions to dump billions of pounds of shares in carbon-intensive industries. And it’s not just the likes of universities, pension funds and charitable foundations – many individuals have followed suit or are considering doing so.
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Source: Guardian Environment