Boris Johnson Slaps Down Guardian’s Divestment Crusade

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Boris Johnson has roundly rejected a motion from the London Assembly that called for City Hall’s pension fund to pull out of fossil fuel investments. The motion, inspired by the Guardian’s nutty divestment campaign, called on Boris to put the retirement of London’s public workers at risk in order to stop the “havoc of climate change“.

Boris, who famously said  “no stone should be left unfracked in the cause of keeping the lights on,” poo-pooed the motion, likening the idea of pulling investment from the companies that keep the worlds poor warm to jumping off a cliff edge.

Let’s hope the next Mayor is equally sound…




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Quote of the Day

Logging company Resolute’s CEO Richard Garneau suing Greenpeace

“A funny thing happened when Greenpeace and allies were forced to account for their claims in court. They started changing their tune. Their condemnations of our forestry practices “do not hew to strict literalism or scientific precision,” as they concede in their latest legal filings. Their accusations against Resolute were instead “hyperbole,” “heated rhetoric,” and “non-verifiable statements of subjective opinion” that should not be taken “literally” or expose them to any legal liability. These are sober admissions after years of irresponsible attacks.”

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