WED2013: Hales calls on state to divest fossil fuel holdings

Charlie Hales made the call for divestment as part of a speech that launched Portland's World Environment Day activities.
Cathy Cheney | Portland Business Journal

Charlie Hales made the call for divestment as part of a speech that launched Portland's World Environment Day activities.

With the United Nations Environment Programme and the World Resources Institute in town to mark World Environment Day, Portland Mayor Charlie Hales issued several calls for sustainability-related actions.

Primarily, Hales wants the state to divest itself of all fossil fuel holdings. And, he wants the city to begin implementing a 2012 resolution instructing the city to get 100 percent of its energy from renewable sources.

The divestiture call came after 350 PDX, the local chapter of the 350.org group that espouses sustainable and responsible investments, asked Hales and other leader to consider such a move. The group counts more than a dozen cities on its list of municipalities considering divesting fossil fuel holdings.

Here's the text of Hales' speech, delivered this morning, to launch the day's events.

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