Fossil Fuel Divestment: Colleges & Universities
Colleges and universities are leading the way. Students have always been key to movements of conscience, and this fight is no different. Institutions of higher education are charged with preparing their students for lifetimes of work and service. But if those institutions are invested in fossil fuel companies, then students’ educations are being subsidized by investments that guarantee they won't have much of a planet on which to make use of their degrees. Colleges and universities rush to launch greening initiatives, sustainability offices, and environmental curricula, but it makes no sense to green the campus and not the portfolio. Fossil fuel divestment is a reasonable next step -- and it’s the right thing to do.
Divest New York City from Fossil Fuels!
Hurricane Sandy decimated the New York City area, causing $65 billion in damage, causing power outages, destroying homes and leaving a path of wreckage from the Rockaways to Riverside Park. It's time for NYC to stop investing our pension funds in oil, gas and coal, and go fossil free! We know that Sandy was fueled in part by Atlantic waters that were 5 degrees warmer than average, a result of human-induced climate change. Our city government is taking steps to make our city an example of low-carbon urban living, from painting bike lanes to mandating energy retrofits -- and much much more must be done. And yet, New York City's pension funds for city employees, teachers, police, firemen and school employees are all invested in coal, oil and gas companies that dump carbon into the atmosphere for free, and rig the political system so that they can continue to do so. If it is wrong to wreck the climate, then it is wrong to profit from that wreckage. After Hurricane Sandy, New York City should be a shining light in the fight to combat climate change -- to do that, it's pension funds must divest from fossil fuels. A report from the Carbon Tracker Initiative has claimed that the world can only burn 800 more gigatonnes of carbon equivalent and stay under the two degree Celsius limit. A recent analysis of the world's current fossil fuel reserves, drawing on research by Oil Change International, has shown that if the world were to burn all current fossil fuel resources, then it would burn 982 gigatonnes of carbon equivalent. This means that we can no longer develop and build fossil fuel infrastructure; the age of fossil fuels must end immediately, if we have any hope of staying under two degrees Celsius. Our pension funds must follow suit and knowing that there can be no world in which the fossil fuel companies persist, we call upon New York City Comptroller Scott Stringer to commit to immediately freeze all investments in fossil fuel companies and divest the pension funds from these companies within five years. Read more about the need to divest and end all fossil fuel infrastructure here https://newrepublic.com/article/136987/recalculating-climate-math Over 3000 people from New York City have signed petitions calling upon Comptroller Stringer to divest the New York City pension funds from all fossil fuel holdings. To get involved in the campaign, go to 350nyc.org
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 . In order to have a chance of staying below this temperature rise, 80% of known fossil fuel reserves must not be burnt . 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 . 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 . 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 . 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 . 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 . 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 http://bit.ly/1Cp61vN http://bit.ly/1mLPo58 http://bit.ly/1r2Y2Qb http://www.lpfa.org.uk/Who-we-are.aspx http://bit.ly/1z8u53U
キャンペーン開始にあたっgofossilfree.org.域住民の半分以上が参加しなければ、キャンペーンを成功させられないわけではありません。ですが、地域の方々のサポートは大切です。 化石燃料への投資撤退を支持する人々の声を組織に届けるため、署名を集めましょう（署名活動は、キャンペーンの組織力を高めるのにも効果的です）。 次のステップで、簡単に始められます。
ステップ１： 上記の世界地図をクリックして、お住まいの地域のキャンペーンを探します。 キャンペーンが見つかれば、ご署名の上、ぜひ投資撤退に関わる地域の取り組みにご参加ください！
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もちろん「自分でキャンペーンを始めるのは、少しハードルが高い・・・」という方もおられると思います。もし、どうやって始めたら良いか分からず迷っているのなら、まずはお友達やご近所の方、一緒にお仕事をされている方にキャンペーンの立ち上げについて話してみてはいかがでしょう？同時に、あなたのキャンペーンに必要な人材を探してみましょう。 出来るだけ色々な人に出逢い、話をしましょう！ 幅広い経験や多様な視点は、効果的なキャンペーンのカギです。 地域で支持されるようになれば、チームを組みキャンペーンをパワーアップさせることができます。