Prince Charles on Brink of Ending All Fossil Fuel Investments
The Prince of Wales is on the brink of eradicating all fossil fuel investments from his financial holdings, becoming the latest high-profile addition to a fast-growing and UN-backed divestment campaign.
It is calling on investors to sell their stakes in coal, oil and gas because world reserves are already several times greater than can be burned while keeping climate change in check.
Prince Charles has frequently voiced the need for rapid action on global warming, referring recently to the Earth as a “sick patient”. He does not comment publicly on his personal financial dealings, but sources at Buckingham Palace told the Financial Times that “his private investments and his charitable foundation do not have any fossil fuel holdings”.