Ann Arbor OKs Fossil Fuel Divestment
A resolution on divestment from fossil fuel companies has been approved by the Ann Arbor city council on a 9-2 vote.
Dissent came from Ward 2 councilmembers Jane Lumm and Sally Petersen. Petersen was not in favor of a resolution that had no “teeth,” and would have been inclined to support a proactive resolution that provided direction for investment in clean energies.
The action came at the council’s Oct. 21, 2013 meeting, which was the third time the resolution had been in front of the council. When it was initially considered on Sept. 3, 2013, the council voted it down. But on Sept. 16, 2013 the resolution was brought back for reconsideration, then postponed until Oct. 21.
The resolution was amended … [Full Story]