Divesting pensions from fossil fuels finds support


BOSTON (AP) — Environmental activists pushing Massachusetts to divest its state pension fund from fossil fuel companies are getting encouragement from some gubernatorial candidates.

At least three Democratic candidates are offering full or qualified support for the activists, who have also tried to pressure universities and local governments to pull financial support from the companies to help raise awareness about the effects of climate change.

Attorney General Martha Coakley and state Treasurer Steve Grossman have given the proposal qualified support, saying they would back it as long as the state can meet its financial obligations. Fellow Democratic candidate Don Berwick has called for immediate divestment.

Independent candidate Evan Falchuk says he’d leave the decision to voters while fellow independent Jeff McCormick opposes the idea.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s