University of California announces fossil fuel-free investment portfolio

The university has also surpassed its five-year goal of investing $1 billion in clean energy projects

The University of California (UC) has announced it has divested from all fossil fuels.

It says its investments are now fossil fuel-free after the sale of more than $1 billion (£820m) in assets from its pension, endowment and working capital pools.

In addition, the university has surpassed its five-year goal of investing $1 billion (£820m) in clean energy projects.

Latest Podcast