Presbyterian Church (USA) to divest from five oil companies after years of debate
United StatesRNS A prominent mainline Christian denomination plans to divest from five oil companies it believes are not doing enough to address climate change. The vote to divest from Chevron, Exxon Mobil, Marathon Petroleum, Phillips 66 and Valero Energy comes after years of debate in the Presbyterian Church (USA). The sun sets behind a pumpjack […]
US Presbyterians demur on divestment from fossil fuels
RNS For the third time in a row, the Presbyterian Church (USA)’s General Assembly decided against divesting from companies invested in fossil fuels. Instead, delegates passed a resolution at the biennial meeting of the PCUSA last week in St Louis asking the denomination’s Mission Responsibility Through Investment committee to continue engagement with corporations that produce or heavily consume fossil […]