16.10.2014 - Future Fund 'could review fossil fuels'
The commonwealth Future Fund has indicated it could review its fossil fuel investments if demand for green energy increased. The comments come as Prime Minister Tony Abbott blasts the Australian National University's "stupid decision" to offload its fossil fuels portfolio. The university is selling holdings in Iluka Resources, Independence Group, Newcrest Mining, Sandfire Resources, Oil Search, Santos and Sirius Resources for ethical reasons. Meanwhile, Future Fund managing director David Neal said his sovereign wealth fund was closely monitoring new energy technology and changing demand for fossil fuels...............................................Full Article: Source
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