• FULL Fossil Fuel Divestment for the University of Reading
    We are in the midst of a climate crisis and holding investments in fossil fuel companies is immoral. The current investment practices of the University are in direct violation of their investments policy, which clearly states: “The University of Reading believes in socially responsible investment and responsible stewardship. It expects its investment managers to take account of social, environmental and ethical considerations in the selection, retention and realisation of investment.” The University is recognised for producing world-class research on climate change and takes active steps to improve sustainability on its campuses. However, full fossil fuel divestment should be at the forefront of any sustainability strategy, and the University cannot make claims to be sustainable without it. If Vice Chancellor Robert Van de Noort wishes to make the University of Reading the “greenest university”, then full divestment is a necessity.
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    Created by Chloe Bartlett
  • Divest Stonehill College from Fossil Fuels
    Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in recent years our country has experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years. Stonehill College is "anchored by a belief and the inherent dignity of each person" and "educates the whole person so that each Stonehill graduate thinks, acts, and leads with courage toward the creation of a more just and compassionate world." These statements from the college's mission represent a commitment to social justice. Climate change is impacting the lives of everyone, especially those without means to combat the changing environment around them. By investing in fossil fuels, Stonehill is profiting off of the destruction of Earth and those who live there. By divesting from fossil fuels, Stonehill will be leading towards a more just and compassionate world.
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  • Divest Ithaca College from Fossil Fuels
    Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50 billion in damages. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters, and the World Heath Organization estimates that 250,000 people die each year as a result of climate change. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.
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  • Unterstützung der Fossil Free Bewegung in Bad Vilbel
    Quellenangaben zum Brief 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 Eine Liste der Städte, Universitäten, Kirchen und anderer Institutionen die sich Divestment verschrieben haben: http://gofossilfree.org/commitments/ Mit dieser Petition rufen wir die lokale Regierung dazu auf 1. die städtischen Geldanlagen und Investitionen der Stadt offenzulegen. 2. jegliche neue Investitionen in fossile Brennstoffunternehmen einzufrieren. 3. eigene Anteile an direkten und indirekten Investments innerhalb der nächsten 5 Jahre abzuziehen, d.h. zu deinvestieren. Dazu gehören Aktien, Mischfonds, Unternehmensanleihen und sonstiges Kapital das fossile Brennstoffe beinhaltet.
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    Created by Jana Peters
  • Divest UVA from Fossil Fuels
    Divestment is the process by which an institution removes its stocks, bonds, and other investments from industries and corporations that are morally ambiguous or devoid. In a worldwide movement, over 500 institutions have collectively divested $3.4 trillion from the fossil fuel industry due to its responsibility in the climate crisis. We demand that the University of Virginia join that movement. UVA has a $7.5 billion endowment, accrued over decades from private donations and financial grants, which it invests for the future support of the University. Some of these investments are in the fossil fuel industry. UVA only spends a small percentage of its investment returns each year, though. The remainder of the endowment is invested in perpetuity. While UVA intends the endowment to benefit the futures of students, all investments in fossil fuels inherently threaten these futures. Historically, universities are platforms of social change. At the University of Virginia, we have the power to send a state- and nationwide message: profit at the cost of human lives is morally unacceptable. We ask that you sign this petition to help send this message.
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  • Divest TTU From Fossil Fuels
    Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50 billion in damages. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.
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  • Fossil Free Cambridgeshire - Divest Now!
    By continuing to grant social legitimacy to the burning of fossil fuels, rather than investing in transitioning our energy systems to renewables, our councils are complicit in driving unprecedented climate change. The warming of our planet is harming people by the millions through the more frequent extreme weather events hitting communities across the world. Further, changes to the hydrological cycle and rising temperatures are already disrupting food production and water supplies. Scientists have recently estimated that fossil fuel reserves still in the ground are approximately three times the size of that which can be burnt to have a 50:50 chance of staying below the agreed target of 2 degrees C of global average warming. Therefore, actions to avert catastrophic climate change will soon deem investments in fossil fuel reserves ‘stranded assets’. This represents substantial risk for investors and pensioners. It is for these reasons that the fossil fuel divestment movement is the fastest growing divestment movement the world has ever seen. Its supporters range from Jim Yong Kim, head of the World Bank, to former archbishop Desmond Tutu. Institutions across the world are already committing to divestment including Oxford City Council, the British Medical Association and the Rockefeller Brothers Fund. It is time for local councils in Cambridgeshire to do the same, to draw a line in the sand to commit to keeping public money out of fossil fuels and to instead start funding the transition to a better, more sustainable world.
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  • Divest The Open University from fossil fuels
    To support the speediest conversion to reducing carbon dioxide emissions, encourage politicians to get serious themselves, and to be a consistent part of the solution rather than a part of the problem.
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  • Fossil Free UNCG
    Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50 billion in damages. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.
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    Created by Georgette Sordellini
  • Divest Hackney Council from fossil fuels
    Climate change is the greatest challenge humanity has encountered. Warming in excess of 2°C will have catastrophic consequences [1]. In order to have a chance of staying below this maximum upper limit of warming 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. Hackney Council's pension fund currently has £42m invested in fossil fuel companies such as ExxonMobil and Shell [4]. This is at odds with the council's stated commitment to reduce the borough's contribution to climate change and to reduce its emissions by 80% by 2050. Hackney Council exists to serve the people of the borough, and it must therefore acknowledge the significant risks that fossil fuel investments pose to local residents' financial security and future quality of life. Hackney Council should take a moral, political and economic stand by divesting our money from fossil fuel companies and choosing investments less at risk from climate change legislation and more compatible with our values. Divestment from fossil fuels would make a powerful statement that the fossil fuel industry is morally and economically unviable, and that the people of Hackney wish to support an alternative, sustainable energy future. Recent financial studies have shown that divestment from fossil fuels may have a small positive effect on investment portfolios in the short term [5]. Moreover, in the long term these fossil fuel investments will become 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. It is illogical to allow pension funds to endanger those whose futures they seek to protect. By divesting from fossil fuels, Hackney Council will join public institutions such as the British Medical Association, Glasgow University, Stanford University, Oxford City Council, Bristol City Council, Oslo, amongst many others, in leading by example to help create a sustainable future for the citizens of Hackney and beyond [6]. References [1]http://bit.ly/1wqelqp [2]http://bit.ly/1s9QgyC [3]http://bit.ly/1r2Y2Qb [4]http://bit.ly/1DUM1l5 [5]http://bit.ly/13D9fwr [6]http://bit.ly/12xCgZg
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  • Divest UARK From Fossil Fuels
    Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50 billion in damages. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.
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    Created by Charles Muturi
  • 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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