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Arctic Oil Fight Comes to Insurers as Trump Plans Lease Sale (1)

Nov. 19, 2020, 6:00 PM

A group of investment firms, conservationists and indigenous groups have called on some of the world’s biggest insurers to cease supporting oil and gas projects in the U.S. Arctic National Wildlife Refuge, even as the Trump administration advances plans to auction drilling rights in the Alaska wilderness.

The Gwich’in Steering Committee, a group representing indigenous tribes that live in Alaska and Canada and opposes efforts to drill in the refuge, coordinated the letter with investment firms, including Boston Common Asset Management LLC and Domini Impact Investments LLC, which collectively manage more than $47 billion of assets. Recipients of the letter,...

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