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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBravo! Private investor divests $34.8m from firms tied to Dakota Access pipeline
https://www.theguardian.com/us-news/2017/mar/01/dakota-access-pipeline-storebrand-norway-divest-standing-rock<snip>
Norways largest private investor is divesting from three companies tied to the Dakota Access pipeline, a small victory for the Standing Rock movement one week after the eviction of the main protest encampment.
Storebrand, a sustainable investment manager with $68bn in assets, sold off $34.8m worth of shares in Phillips 66, Marathon Petroleum Corporation, and Enbridge, the company announced Wednesday. The three companies are partial owners of the pipeline.
We hope that our actions and the actions of other likeminded investors in either divesting or calling for an alternative [pipeline] route will make some sort of an impact, said Matthew Smith, the head of Storebrands sustainability team.
Police remove last Standing Rock protesters in military-style takeover
Read more
The Standing Rock Sioux tribes attempt to halt or reroute the Dakota Access pipeline away from their water source became an international rallying cry for indigenous and environmental activists last year.
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Bravo! Private investor divests $34.8m from firms tied to Dakota Access pipeline (Original Post)
malaise
Mar 2017
OP
ffr
(22,668 posts)1. Water is life.
This is great news
ATL Ebony
(1,097 posts)3. Bravo indeed. Hope this is enough to have an impact and cause serious thoughts to rerouting