County Council recognises threat to local pensions posed by coal & fracking investments

Press release
Divest East Sussex [1]
13 July 2017

COUNTY COUNCIL RECOGNISES THREAT TO LOCAL PENSIONS POSED BY COAL & FRACKING INVESTMENTS

Tuesday 11 July, County Hall, Lewes: The chair of the East Sussex Pension Committee, Councillor Richard Stogdon, has said that he ‘entirely agrees’ that ‘any encouragement to the fracking industry’ – such as investments in ‘fracking companies’ – ‘should be avoided’, as these are ‘not in the best interest of the Council’s pensioners … [or] residents of East Sussex.’ Cllr Stogdon also stated that the Pension Committee would be ‘looking at strategies for reducing – as far as possible – any investment in coal where we see that’s in the best interests of our pensioners.’ [2] Continue reading County Council recognises threat to local pensions posed by coal & fracking investments