[LINK] "United Church votes to sell off its fossil fuel assets"

[rfmcdonald]

CBC reports on the decision of the United Church of Canada.

The United Church of Canada, the country's largest Protestant denomination, has voted to sell its fossil fuel assets and commit financially to funding an economy based on renewable energy.

The United Church General Council, which is meeting in Corner Brook, N.L., voted 67 per cent in favour of the move on Tuesday.

"Given the lack of political and industrial leadership to address climate concerns in a way that matches the scale of the problem, we wanted to signal that we are so serious about averting climate crisis that we are willing to put our money where our mouth is," said Christine Boyle, general council commissioner and a longtime climate advocate.

The move will mean selling off about $5.9 million in holdings, or 4.7 per cent of the United Church of Canada treasury.