Why are councils investing in the fracking industry they oppose? | Matthew Brown
by Matthew Brown from on (#3Y2FV)
Local authorities should be investing in a greener future - not using pensions to fund the very companies they are battling
" Matthew Brown is Preston city council leader
" Matthew Brown is Preston city council leader
It has been revealed that UK councils are investing more than 9bn of public money in fracking companies through their pension funds. Despite many councils voting against fracking developments in their own areas, they have failed to pull investment funds out of the industry.
Related: Fracking is back in England - and only the Tories want it | John Ashton
Continue reading...