The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann/File Photo
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Britain's National Trust will sell all of its investments in the fossil fuel industry by 2022, the conservation charity announced Thursday.The charity invests 45 million pounds ($56.61 million) in fossil fuel companies -- four percent of its one billion pound stock market portfolio -- despite having itself warned of the dangers of climate change.But it will aim to offload the majority of investments in oil and gas companies, which include Shell, BP and Total, within 12 months, chief financial officer Peter Vermeulen told the Thomson Reuters Foundation by phone.The charity currently invests 4.7 million pounds in companies that advance wind technology, energy storage and water efficiency, about 10 percent of its investments in the oil and gas industry.
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