UK. Fracking investments by council pension funds ‘unlawful’
More than £600m was provided by council pension funds to firms with fracking operations overseas in 2016-17.
Campaigners argued the situation appeared “to fly in the face of the Wellbeing of Future Generations Act”.
Council leaders said “great consideration” was given to making responsible investments.
The Welsh Government is currently consulting on its position not to grant new licences for fracking in Wales, having had a moratorium on the practice in place since 2015.
In October it is set to receive control over the consenting process from Westminster.
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