It is a step in the right direction now that Copenhagen-based pension fund ATP requires plans from coal-burning utilities to become more climate-friendly, states Greenpeace.
"In making this statement, ATP has set a tolerance to when they consider opting out of coal investments for the first time ever. The new threshold on the most climate-damaging of all fuels shows that there is light at the end of the tunnel for the Danish pension fund," says Jens Mattias Clausen, climate political advisor at Greenpeace, in an e-mail to AMWatch's sister site, FinansWatch.
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