• Fossil Free Blekinge Tekniska Högskola
    Fossil Free is an international campaign to move our common assets (tax money and other resources) from investments in oil, coal and gas. According to the report, "Unburnable Carbon" from the Carbon Tracker Initiative, humanity can afford the absolute maximum a 2-degree global temperature rise. To stay below 2 degrees we can afford to emit a maximum of 565 gigatons of carbon dioxide in the atmosphere by 2050. According to the same report, however, sits fossils industry already on gas, coal and oil wells as the extraction and combustion would cause the release of 2,795 gigatonnes of carbon dioxide, which is 5 times the scientifically designated limit. From this we can calculate that, if we want to enable our kids to live in a harmonious nature, 80% of existing fossil fuels must be left underground. The right thing to do is divest from fossil fuels and reinvest in a sustainable future.
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  • Divest Swinburne University of Technology From Fossil Fuels
    Swinburne University of Technology is committed to a sustainable, socially just and economically viable future. Climate change is not simply an environmental problem, but an issue of social justice, intergenerational equity, and the viability for future human endeavors. It is now widely understood that we cannot safely burn even one-third of global fossil fuel reserves without dangerously warming the planet for several thousand years. We are already witnessing the increasing impacts of a warming planet more and more consistently; in the last year alone our country experienced record-breaking heat, droughts, and extreme rainfall. These events had a grave impact on hundreds of thousands of people and cost our country billions of dollars. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. Through its current investment portfolio, Swinburne is facilitating and profiting from the continued and expanding extraction and burning of fossil fuels, despite the harm that these practices are known to be causing to many millions of people worldwide. It is unethical and immoral for universities to be investing in, and profiting from companies that will condemn the planet to climate disaster. Therefore, we are calling on Swinburne University of Technology to divest from the fossil fuel industry. We believe divestment not only makes sense morally, but increasingly also financially, given the decrease in oil prices and associated investments and likelihood of a ‘carbon bubble’ bursting. Continued investment in companies that extract fossil fuels represents a significant risk to Swinburne as these companies will face large devaluations when the world moves to lower emission energy sources. We are concerned about Swinburne’s exposure to this financial risk. Swinburne prides itself on its innovative spirit and leadership such as becoming the first smoke-free campus in Victoria last year. We think there is a real opportunity for Swinburne to show this innovation and foresight again regarding fossil fuel divestment, leading the Australian higher education sector in embracing a path towards a feasible solution and setting a benchmark for other universities. Let's strengthen Swinburne’s commitment to sustainability and social justice by going fossil free.
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  • Go Fossil Free!
    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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  • 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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  • University of Glasgow Academic Support for Fossil Fuel Divestment
    The world in which the students of the University of Glasgow are to graduate into is currently threatened by the reality of climate change. Already the world is suffering the effects of 1°C rise in global average temperatures. Last year, Arctic sea-ice cover had retreated to its lowest levels since the beginning of satellite records, and the average global sea level was 1.4in above the 1993-2010 average. The world is experiencing more severe draught, wildfires and flooding, which impact the world's poorest most severely; the World Health Organisation estimates that climate change is causing at least 140,000 deaths per year. The fossil fuel industry is unequivocally driving us towards a global climate crisis, and we will not keep dangerous climate change at bay without halting our extraction of fossil-fuels. The university has both a moral and a financial duty to its students to withdraw its investments from the fossil fuel industry. The moral case is clear: if it is wrong to wreck the climate, then it is wrong to profit from that wreckage. Furthermore, fossil fuels are a dangerous investment. The value of companies like Shell, BP and Chevron is based on the assumption that they will be able to dig up and sell their fossil fuel reserves. But if the world gets serious about stopping climate change, that would mean keeping 80% of proven fossil fuel reserves in the ground, and the assumption that forms the basis for these companies' value will be undermined.
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  • Divest Albuquerque Academy from Fossil Fuels
    As the top college preparatory school in New Mexico, the Albuquerque Academy is educating the leadership of the future, our children. Yet by supporting their educational mission with fossil fuel monies, the school is taking away that future from its students. Removing fossil fuels in all ways from the Academy's investment portfolio sends a clear message to students and parents that the Academy cares about the world its students face and is willing to take real action to make that world a more hopeful place. Conversely, failing to take action is equivalent to condemning the school's graduates to a future of misery — subverting the education those graduates have worked for and families have paid for. We hope that the Academy sees the sense in supporting its role as a world-class educational institution by not contributing to a future in which education will not matter.
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  • London School of Hygiene and Tropical Medicine Divest
    The School states there are ethical restrictions on its investments, that its guiding values include environmental sustainability and that among its aims are to ‘ensure the long-term financial sustainability of the School’ (3). It is clear the School’s values, aims and ethical responsibilities would converge on a commitment to divest from fossil fuels. Environment: The School funds research into the effects of climate change on health whilst simultaneously profiting from fossil fuels, the root cause of climate change. The latest Intergovernmental Panel on Climate Change (IPCC) report chapter on ‘Human Health: Impacts, Adaptation, and Co-Benefits’ edited by Prof. Andy Haines, has raised awareness about the health impacts of climate change and pollution. The IPCC report states that ‘People who are socially, economically, culturally, politically, institutionally or otherwise marginalized are especially vulnerable to climate change’ (4). Climate change is, according to the Lancet, ‘the greatest threat to human health in the 21 century’. One of the guiding principles of medical practice is ‘do no harm’; as a school rooted in medicine and health these values should not only be applied to immediate practises, but to the full range of the School’s activities. Finance: The share prices of the companies the school is invested in are dependant on the value of their known carbon reserves. More than 100 countries have adopted a global warming limit of 2 °C or below (relative to pre-industrial levels) as a guiding principle for mitigation efforts to reduce climate change risks, impacts and damage (6). In order to keep global warming below this threshold 80% of known carbon reserves will have to remain in the ground (7). Recently the Governor of the Bank of England, Mark Carney, told the World Bank that ‘the majority of the world’s reserves are unburnable’ (8) and commissioned the bank to examine “the vulnerability that fossil fuel assets could pose to the stability of the financial system in a carbon constrained world” (9). The School is unnecessarily exposing itself to stranded assets. The current low price of oil and instability of the market are reflected in the share values of the School’s three direct fossil fuel investments, all of which have fallen 20% since June 2014. It must be recognised that these investments are inherently unstable and not a sustainable place to invest the School’s endowments. We, students and staff at LSHTM, demand that the School must break ties with the fossil fuel industry. We want LSHTM to: • Identify and publicly report all financial ties, contracts and agreements with the fossil fuel industry including direct and indirect (e.g. via banks and co-mingled funds) investments, sponsorship and advertising agreements, and research funding. • End current investments in fossil fuel companies immediately and shift funds to lower risk, ethical investments. • No longer partner with or accept funding from fossil fuel companies. • Terminate existing agreements and contracts, including sponsorships, advertising, and funding. • Make no future investments or partnerships with fossil fuel companies. • Set and publish timelines for completion of all demands, including regular progress reports and an analysis of potential risks and causes of delay, all of which are easily accessible online, not just by request 1. Freedom of Information Request, 3/12/2014 2. http://fossilfreeindexes.com/the-carbon-underground-2014/ 3. http://www.lshtm.ac.uk/aboutus/introducing/mission/strategy_2012_2017.pdf 4. IPCC Fifth Assessment Report Summary 5. http://www.bbc.co.uk/news/world-us-canada-29310475 6. Meunshausen, M. et al., 2009. Greenhouse-gas emission targets for limiting global warming to 2 degrees C. Nature, 458(7242), pp.1158-62. 7. 350.org 8. http://www.theguardian.com/environment/2014/oct/13/mark-carney-fossil-fuel-reserves-burned-carbon-bubble 9. http://www.carbontracker.org/news/bank-of-englands-momentous-move-on-climate-change/
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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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    The earth as a living organism is suffering from exploitation of resources, heavy industry and pollution from each of these things. In addition to environmentalist arguments that unfortunately do not persuade all, the future of oil, coal and gas in the UK is questionable. The rise of oil production in OPEC countries is dragging oil down to a price with which we cannot compete, threatening our offshore industry. In addition fracking in the US is similarly distorting the gas market prices due to increased production. Finally, it is estimated that China will run out of coal by 2030; even the worlds worst exploiters of carbon energies now realise the need for reform and divestment. Divestment is now.
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  • Claremont School of Theology: Go Fossil Free!
    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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  • 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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  • Fossil Free Umeå universitet
    Umeå universitet är ett statligt universitet. Därför tycker vi att det är rimligt att universitetet agerar för allmänhetens bästa. Vi tycker att ett universitet bör representera ungdomar och symbolisera framtiden. Att investera pengar i och göra profit på fossila företag som Lundin Petroleum och Exxon Mobile anser vi är direkt skadligt för planeten och unga människors framtid. Dessa kampanjer är ett litet steg mot att försvaga en industri som har alldeles för stort inflytande i vårt samhälle och på vår framtid. Även om Umeå universitets kapital och inflytande nästan är försvinnande litet i ett globalt perspektiv så är en divestering ett praktiskt ställningstagande som förändrar normer och attityder som gynnar miljörörelsen. Tillsammans kan vi bilda opinion mot de fossila företagen. Vi hoppas verkligen att Umeå universitet ska hålla med oss och stödja kampanjen. Håller du med oss? Var då snäll och skriv under namnlistan tack. IN ENGLISH Umeå university is public and owned by the state. That's why we think it's reasonable that the university should act towards the best interest of the public. We think that a university should represent young people and symbolise the future. To invest capital in fossil fuel companies such as Lundin Petroleum and Exxon mobile is in our opinion a threat to the planet and to the future of young people. Campaigns such as this one take small steps towards weakening the fossil fuel industry which has far too much power and influence over our society and our future. The aim of the divestment is to change the norms of the society which would benefit from this and other environmental movements, even if the capital and influence of Umeå university is tiny in a global perspective. Together we can form public opinon that questions the fossil fuel companies. We certainly hope that Umeå university will agree with us. Do you agree with us? Please sign the petition.
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