A member’s bill in the name of Russel Norman. The bill requires public fund managers to dispose of investments in companies directly involved in the mining and production of fossil fuels; and prohibits fund managers from investing in companies directly involved in the mining and production of fossil fuels. It would also require public fund managers to actively measure, manage, and report on the fund’s exposure to climate change risks; and reduce the fund’s exposure to these risks over time. Transferred to James Shaw and first reading debate held on Nov 11. The bill was defeated by 73 to 48 with National, NZ First, ACT and United Future opposed. Climate Change (Divestment from Fossil Fuels) Bill