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The Canberra Times
The Canberra Times
National
Lucy Bladen

'Milestone' in ACT fossil fuel divestment

ACT Greens crossbencher Jo Clay welcomed the divestment from major fossil fuel companies. Picture: Elesa Kurtz

The ACT government has divested most of its shares in major fossil fuel companies, following a seven-year process to rid the government's coffers of coal and oil companies.

An analysis of the ACT government's directly-owned shares by climate action group 350 Canberra showed the territory had divested shares from the top 200 coal and oil reserve owners in the world.

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