On 21 May The Guardian wrote:
Here’s some great news to brighten your weekend.
The Bill and Melinda Gates Foundation has sold off its entire $187m investment in BP. There’s no word from them on why, but it certainly looks like the foundation is quietly getting out of fossil fuel companies. Since 2014, it has dropped 85% of such investments it had held.
Bill Gates says he’s not keen on the divestment argument but we know that the pressure you’ve put on the foundation through Keep it in the Ground – as well as the folks at Gates Divest in Seattle and the wider divestment movement – has been having an impact behind the scenes.
You can read our story on it here.
There was also good news from around Europe this week. Portugal ran for four days straight on renewable energy alone and last Sunday, Germany powered almost all its electricity needs from clean sources. There was so much renewable energy on the grid that at several times in the day, power prices turned negative – effectively paying consumers to use it.
Change is happening.
James Randerson – assistant national news editor