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Pensions See Increased Risk in Fossil Fuel Stocks

The city of Washington, D.C.'s pension fund quietly sold off its fossil fuel stocks over the last couple years. The District of Columbia Retirement Board (DCRB) made the announcement earlier this month. Though the holdings only amounted to one-third of one percent of the fund's assets, activists cheered. "We've seen common sense action [on climate change] get blocked year after year after year in Congress," said Kurt Walters with the activist group DC Divest....

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