• Frankfurt, Fossil Free!! Wir sind die Vergangenheit der Zukunft..
    Sehr geehrte Peter Feldmann Sehr geehrte Mitglieder des Gemeinderats, Die Stadt Frankfurt hat sich in der Vergangenheit kaum im Klimaschutz gezeigt. Nun hat die Stadt Frankfurt die Möglichkeit eine Vorreiterrolle im Klimaschutz einzunehmen. Zum Hintergrund: Der kürzlich veröffentlichte neuste Bericht des Weltklimarats spricht eine deutliche Sprache. Wenn wir den Klimawandel auf unter 2º Celsius begrenzen wollen, darf der Großteil der fossilen Energiereserven wie Kohle, Öl und Gas nicht verbrannt werden1. Alles andere würde eine Destabilisierung des Klimas mit katastrophalen Folgen für Mensch und Natur nach sich ziehen. Laut Weltklimarat, müssen Investitionen in fossile Energieträger jährlich um $30 Milliarden reduziert werden, während Investitionen in kohlenstoffarme Energiegewinnung um $147 Milliarden steigen müssen. Außerdem ist damit zu rechnen, dass Unternehmen im fossilen Sektor in den kommenden Jahren stark an Wert verlieren werden, weil sie ihre Rohstoffvorkommen nicht mehr fördern und verkaufen können. Die Finanzwelt spricht von einer Kohlenstoffblase, die kurz davor ist zu platzen2. Damit stellen Investitionen in fossile Energien ein hohes finanzielles Risiko dar. Die jüngsten Verluste von RWE und Eon verdeutlichen bereits heute, dass das Geschäftsmodell des fossilen Sektors nicht zukunftsfähig ist. Studien der Internationalen Energieagentur3, der Universität Oxford4 sowie verschiedener Großbanken wie HSBC5 oder Citi6 warnen vor Investitionen in diesem Sektor. Kein Wert wird mehr vom Bedeutung sein. Überall auf der Welt beginnen daher Städte, Gemeinden, Kirchen, Universitäten, Stiftungen und andere Institutionen ihre Investments aus den 200 größten Kohle-, Erdöl- und Erdgasunternehmen7 abzuziehen. Ein solches Divestment erreicht zweierlei: Einerseits schützt es vor den Gefahren zukünftiger Wertverluste und sichert so nachhaltig die finanzielle Stabilität Ihrer Stadt. Andererseits entzieht es klimaschädlichen Unternehmen die gesellschaftliche Zustimmung und trägt so zu Wandel bei, der aufgrund der Klimakrise notwendig geworden ist. In den Vereinigten Staaten haben bereits 25 Städte verbindlich beschlossen ihre Anteile an Unternehmen des fossilen Sektors zu verkaufen. Darunter sind Großstädte wie San Francisco oder Seattle. Dagegen steht die Bewegung in Europa noch am Anfang. In den Niederlanden hat sich die Stadt Boxtel Ende 2013 als erste europäische Stadt verbindlich Divestment verschrieben.8 Frankfurt kann nun in Deutschland diese Vorreiterrolle einnehmen und zeigen, dass eine nachhaltige Finanzpolitik mit Rücksicht auf Natur und zukünftige Generationen möglich ist. Die globale Klimakampagne 350.org arbeitet mit Städten, Universitäten, Kirchen und anderen Institutionen in Europa, USA, Australien, Neuseeland, Kanada und Afrika zusammen, um gemeinsam gegen den Klimawandel und für eine lebenswerte Zukunft einzutreten. Mir persönlich ist dieses Anliegen wichtig, weil es uns alle Betrifft. Ich hoffe, dass Sie Schritte einleiten, um: 1. Keine neuen Investitionen in fossile Brennstoffe mehr zu tätigen 2. Eigene Anteile an direkten und indirekten Investments innerhalb der nächsten 5 Jahre abzustoßen. Dazu gehören Aktien, Mischfonds, Unternehmensanleihen und sonstiges Kapital das Erdöl-, Erdgas- und Kohleunternehmen beinhaltet. Die Natur ist uns nichts Schuldig , wir müssen Verantwortung für unser bisheriges Handeln übernehmen! Ich freue mich auf die Zusammenarbeit mit Ihnen und stehe Ihnen für Rückfragen zur Verfügung. Mit freundlichen Grüßen Anastasia Andrejic Quellenangaben 1. Intergovernmental Panel on Climate Change (IPCC) http://www.ipcc.ch/report/ar5/wg3/ 2. Artikel zum Finanzrisiko Kohlenstoffblase in der Zeit: http://www.zeit.de/2014/08/carbon-bubble-rohstoff-blase 3. Internationale Energieagentur. World Energy Outlook 2012: http://www.iea.org/publications/freepublications/publication/German.pdf 4. Smith School of Enterprise and Environment, Oxford. Stranded Assets Programme http://www.smithschool.ox.ac.uk/research/stranded-assets/ 5. HSBC, Coal and Carbon - Stranded assets: Assessing the risks https://www.research.hsbc.com/midas/Res/RDV?p=pdf&key=dXwE9bC8qs&n=333473.PDF 6. http://www.theguardian.com/environment/2013/apr/19/carbon-bubble-financial-crash-crisis 7. Liste der Top 200 Kohle-, Erdöl-, Erdgasunternehmen weltweit: https://docs.google.com/a/350.org/spreadsheets/d/1an9qOSE2uG4XuzeA4ltUVadDawheTWdJGKRpU5ayCJk/pubhtml 8. Eine Liste der Städte, Universitäten, Kirchen und anderer Institutionen die sich Divestment verschrieben haben: http://gofossilfree.org/commitments/
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  • Divest the Virginia Retirement System from Fossil Fuels
    The Virginia Retirement System (VRS) has the fiduciary responsibility to invest public employee retirement savings in enterprises that do not undermine the future health and safety of those same employees. The fossil fuel industry's business objectives are to extract all known fossil fuel reserves and continue to explore for new reserves. It has been demonstrated that if more than 20% of the known reserves are consumed, the climate impacts will adversely affect all aspects of society. Their business model is in conflict with life on Earth. It is unconscionable for the VRS to invest in corporations that threaten the health and welfare of VA’s public employees and all VA residents.
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  • Loudoun County VA Resolution to Divest the Virginia Retirement System from Fossil Fuels
    The Virginia Retirement System (VRS) has the fiduciary responsibility to invest public employee retirement savings in enterprises that do not undermine the future health and safety of those same employees. The fossil fuel industry's business objectives are to extract all known fossil fuel reserves and continue to explore for new reserves. It is known that if more than 20% of the known reserves are extracted and burned, the climate impacts will adversely affect all aspects of society. It is unconscionable for the VRS to invest in corporations that threaten the health and welfare of VA’s public employees and all VA residents.
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    Created by Natalie Pien
  • Divest East Sussex Pension Fund from Fossil Fuels
    Our local authority has a responsibility not to invest local people's funds in outdated, polluting industries, such as fossil fuels (oil, coal and gas), that are damaging the balance of our climate and threatening our way of life. Already, we are seeing a greater frequency of extreme weather events, such as the floods of 2013/14 – the wettest winter in England and Wales since 1776 - which caused severe flooding in East Sussex and exposed our coast to very high storm surges from the sea. Investments in fossil fuels are also financially risky. Global temperature targets agreed by world leaders can only be met if most of the existing fossil fuel reserves remain unburned and we quickly move to cleaner technology. This means that investments in fossil fuel companies could soon become ‘stranded assets’. Indeed, the Governor of the Bank of England, Mark Carney, has warned that investors face 'potentially huge' losses from climate change action that could make vast reserves of oil, coal and gas 'literally unburnable' For reasons of both public responsibility and financial prudence, a growing number of major institutions across the world - including the cities of Oslo, Seattle, and Oxford, Glasgow University, and the World Council of Churches - have already decided to move their funds out of fossil fuels. Several UK local authorities, including Haringey Council and the South Yorkshire Pension Fund, are now taking similar steps. The East Sussex Pension Fund has an estimated £172 million of local people's pensions invested in fossil fuels. The Fund is administered by East Sussex County Council. On 13 April 2016, Labour and Conservative Councillors on Hastings Borough Council – a member of the Pension Fund - joined forces to pass a unanimous motion calling on East Sussex County Council to divest the Fund from fossil fuels. It's time for East Sussex County Council to divest local people's pensions from these dirty, damaging and financially risky industries.
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  • Fossil Free Berlin - Offener Brief
    Im Rahmen des Global Divestment Day und als Auftakt der städtischen Divestmentkampagne Berlin wurde der offene Brief von Klimawissenschaftlern, Politikern, Ärzten, Soziologen, Künstlern und Bürgern unterzeichnet. Alle Unterzeichner*innen und den gesamten Brief findest du hier: http://gofossilfree.org/de/divest-berlin-stadtkampagne/
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  • Fossil Free Göteborg
    Göteborgs Stad placerar i dagsläget inga pengar i fossilbolag. Det är viktigt att vi ser till att det förblir så!" Genom helt och hållet exkludera fossilindustrin i stadens kapitalplaceringar kan Göteborgs Stad klart och tydligt visa vilken väg som de väljer att gå. Att ta avstånd från fossilindustrin är en tydlig signal till stadens invånare och omvärlden att Göteborgs Stad inte vill finansiera en industri som bevisligen spenderar miljarder årligen på att genom lobbyism och klimatskeptiska tankesmedjor förhala all politisk handling riktad mot en förnybar omställning. "If it's wrong to wreck the climate, then it's wrong to profit from that wreckage!" Det är lika fel att tjäna pengar på klimatförändringar som det är att tjäna pengar på tillverkning och försäljning av vapen/krigsmaterial, alkohol, tobak, pornografiska alster eller komersiell spelverksamhet. Vi kräver därför att Göteborgs Stad i sin placeringspolicy fullt ut ska exkludera placeringar i fossilindustrin och genom detta visa att de på allvar är en stad som är ledande gällande hållbarhet. *** Våra krav på Göteborgs stad: 1 - Säkerställa exkludering av placeringar i fossil energi (även stiftelsers pengar) genom att uppdatera stadens placeringspolicy 2 - Att inom fem år avveckla alla befintliga investeringar i fossil energi 3 - Att på ett transparent sätt redovisa kommunens väg mot en fullbordad divestering 4 - Att uppmana sina anställdas pensionsförvaltare, i första hand AP-fonderna, att divestera dess tillgångar.
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  • Divest Colorado Springs From Fossil Fuels!
    We are concerned with the moral and economic issues around being invested in companies that contribute to climate change. Our local government has a responsibility to divest from a rogue industry that’s destroying our future, and reinvest in solutions to climate disruption. The fossil fuel industry has chosen to ignore the signs of a warming planet in favor of profit above all cost; we must send a clear message that we value the health of people and our planet before profits. Climate change is ravaging our state, nation and planet with more wildfires, drought, higher food prices and extreme weather events. While climate change is severely impacting our quality of life now, it is young people whose future ability to thrive - and even survive - on our planet will be most impacted. Not only are the moral implications becoming more apparent, but the economic issues are also becoming prevalent. Hurricane Sandy relief exceeded $50 billion and in Colorado alone insurers estimated wildfire damage exceeded $450 million to personal property by July 2012. The number and severity of fires has dramatically increased over the past two decades, and with a warmer climate that trend will not reverse in the foreseeable future. While a largely symbolic gesture, divesting from fossil fuels is important. By doing so, Colorado Springs City Council will send a clear message: fossil fuels are history, their continued use is harming us, and we want to invest in our future. Divestment is not new to Colorado. In 2007, the state of Colorado passed a bill to divest funds from companies supporting the atrocities in Sudan on moral grounds. Colorado sent a message: we do not support the continued massacre of the people of Sudan. Divesting funds from fossil fuel companies would have an even greater impact. Divestment would show that Colorado Springs is committed to the health and future of its citizens. Though a small step against the global problem of climate change, divestment is an an important step towards transitioning to sustainable forms of energy, and it sends a message to the fossil fuel companies that they are not the way of the future. The bottom line is this: divestment is the only moral choice for governments that care about their citizens. Solving the climate crisis is the only practical choice for governments that care about their solvency. It's time to divest from fossil fuels now! Join us to gain public support on Feb. 13 for Global Divestment Day: RSVP and find out more details here: http://act.350.org/event/gdd_attend/10114
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  • Divest Corvallis from Fossil Fuels!
    Corvallis has a reputation as a "green" city with citizens that care about climate justice and sustainability. It is hypocritical to make this claim and at the same time invest in the very companies that are working against our vision. We can not count on the federal government, even as extreme weather events and other climate disasters overwhelm local budgets. We have the solutions, but we won’t see any political progress on the issue until we can weaken the power of the fossil fuel industry. The bottom line is this: divestment is the only moral choice for governments that care about their citizens. Solving the climate crisis is the only practical choice for governments that care about their solvency. It's time to divest from fossil fuels now!
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  • Divest Georgia from Fossil Fuels!
    Our state government has a responsibility to divest from an industry that’s destroying our future, and reinvest in solutions to climate change. We can not count on the federal government, even as extreme weather events like the record freeze in Atlanta last January overwhelm local budgets. We have the solutions, but we won’t see any political progress on the issue until we can weaken the power of the fossil fuel industry. The bottom line is this: divestment is the only moral choice for governments that care about their citizens. Solving the climate crisis is the only practical choice for governments that care about their solvency. It's time to divest from fossil fuels now!
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  • Divest Lowell From Fossil Fuels
    Climate change poses a grave threat to the City of Lowell, its residents, and the whole planet; and Some of the consequences of climate change include extreme weather and storms, sea level rise, melting of artic and glacial ice, the acidification of our oceans, community displacement, rising food and water shortages, corresponding property damage, and increased public health risks. Rising temperatures increase the moisture-holding potential of the atmosphere, leading to more volatile weather. Climate change has been linked to severe weather and storm events, such as Superstorm Sandy; and Climate change affects the stability of Lowell’s future and its young people who will be the generation that will inherit the most devastating impacts of climate change in this century; and The City of Lowell has already made a conscientious effort to implement green initiatives and support environmentally friendly lifestyles amongst its residents by establishing a Green Building Commission, including sustainability in its’ Master Plan, becoming a Massachusetts Green Community, by installing bike lanes, solar powered trash cans, electric vehicle charging stations, moving some of its vehicle fleet to more energy efficient modes, replacing its streetlights with LED bulbs, installing solar energy collectors on schools and other municipal buildings, instituting an energy aggregation plan and having weekly farmers markets; and Lowell has an opportunity to be at the forefront of sustainable actions in the Merrimack Valley and beyond. Around the country and around the world, cities, communities of faith and institutions of higher learning are committing to divestment from fossil fuel companies. Twelve Massachusetts cities and towns, Cambridge, Somerville, Framingham, Truro, Provincetown, Northampton, Amherst, Concord, Sudbury, Brookline, Springfield and (now) Boston; more than in any other state in the nation, have already passed resolutions encouraging and supporting state divestment of fossil fuels from retirement funds; and Divestment has proven to be an effective strategy for stigmatizing unethical industries and institutions throughout our state’s history. Massachusetts was the first state to divest from South Africa in 1982, the first state in the nation to divest all state pension funds from tobacco companies in 1997. Massachusetts should continue this legacy of socially conscious investing; and The continuous scientific and engineering advancements made in renewable energy, strain on natural resources, and demand for alternatives to fossil fuel could prove to be factors that will make investment in fossil fuels undesirable; and The City of Lowell and Massachusetts should explore and grow strategies to invest its employees’ money in responsible industries and stocks that benefit, rather than harm its communities and future stability while still maximizing a return for retirees and pensioners; and The City of Lowell and Massachusetts should look to investing in and expanding funding on programs and projects that benefit its environment, economy, and communities, which should include renewable energy, green jobs, and affordable housing and transportation, rather than remaining invested in fossil fuels;
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  • Divest the London Pension Fund from Fossil Fuels
    Sadiq Khan, the Mayor of London, supports divestment! http://www.sadiq.london/a_greener_cleaner_london Climate change is the greatest challenge humanity has encountered. Warming in excess of 1.5°C will have catastrophic consequences [1]. In order to have a chance of staying below this temperature rise, 80% of known fossil fuel reserves must not be burnt [2]. The fossil fuel industry currently holds vast carbon reserves which if burnt would result in emissions 5 times larger than what it is deemed to be safe [2]. All available evidence suggests that fossil fuel companies intend to burn the reserves within their control. In addition, companies such as Shell are actively trying to discover new reserves, often in environmentally sensitive regions [3]. If it is wrong to damage the world we live in, then it is wrong to profit from that damage. Responsible investors should no longer be profiting from the destructive activities of these companies. The London Pension Fund Authority (LPFA) manages the pensions of City Hall employees (including the Mayor of London and the London Assembly) as well as many other local authorities [4]. It manages nearly £5 billion worth of assets, millions of which are direct investments in fossil fuel companies including BHP Billiton, Rio Tinto and Shell [5]. Indirect investments total £54.6 million. These fossil fuel investments are becoming increasingly risky as the cost of extraction increases and international treaties restrict the use of fossil fuels [2]. Not only does it make moral sense not to invest in the destruction of our planet, it also makes financial sense. By divesting from fossil fuels, City Hall will join public institutions such as the British Medical Association, Glasgow University and Oxford City Council, amongst many others, in leading by example to help create a sustainable future for the citizens of London and beyond. So we ask: 1. The London Pensions Fund Authority (LPFA) to: - Immediately freeze any new investment in fossil fuel companies, including those made by externally managed and pooled funds. - Offer a fossil free pension option to employees - Divest from the top 200 companies with the largest known carbon reserves (oil, gas and coal), and shift these funds to lower risk, ethical investments within 5 years 2. The Mayor and the London Assembly must be transparent about their relationship with the fossil fuel industry: - Publish full details of their financial and other ties to the fossil fuel industry - Not accept sponsorship and advertising from fossil fuel companies. - Declare their divestment from the fossil fuel industry in order to encourage other pension funds, institutions and individuals to do the same. References [1]http://bit.ly/1Cp61vN [2]http://bit.ly/1mLPo58 [3]http://bit.ly/1r2Y2Qb [4]http://www.lpfa.org.uk/Who-we-are.aspx [5]http://bit.ly/1z8u53U
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  • Divest Ulster County and all of New York from Fossil Fuels
    Over the past 5 years, diverse NYS citizens and stakeholders have expressed strong, informed opposition to hydro-fracking. Hydro-fracking is a form of extreme energy production which causes significant, irreversible harm. Simultaneously, citizens and stakeholders have called for rapid, full investment in and transition to truly green, renewable energy sources. We are extremely concerned about climate disruption (which is already negatively impacting NYS) and the future of all species on this fragile planet. The NYS Comptroller is responsible for administering the New York State and Local Retirement System (the Common Retirement Fund) for public employees. This System has more than one million members, retirees and beneficiaries and more than 3,000 employers; The NYS Comptroller acts as the sole trustee of the $176 billion Common Retirement Fund. NYS is one of the largest institutional investors in the world. "The State Comptroller is responsible for ensuring that the pensioners’ money is being used effectively and efficiently to promote the common good." We formally request that no pension dollars held within the Comptroller's Office promote climate disruption, environmental degradation and suffering. We request that our pension dollars directly "promote the common good." We ask for complete, rapid divestment from all fossil fuels. Divesting now will immediately bring positive change.
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    Created by Ally Smith