To: Mayor Marty Walsh & Boston City Council
Divest Boston from Fossil Fuels
We call on the City of Boston Retirement System to immediately freeze any new investment in fossil fuel companies, and to divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
Why is this important?
The global climate crisis is affecting individuals and communities around the globe -- and we have seen the direct exposure to the new dangers of this reality right here in Boston, Massachusetts. The crisis was created by, and is perpetuated by, the extraction of carbon deposits and their use as fossil fuels. The fossil fuel industry is literally and knowingly destroying our environment and planet . We believe it is wrong for our civic institutions to profit from this destruction. The City of Boston, by making this bold statement, can join Seattle, and others, in playing a true leadership role in turning our nation away from global catastrophe and toward a just, healthy, and sustainable future.
How it will be delivered
We will collect signatures online to reach the 100 plateau, then we will move to a local, public petition drive within the city of Boston itself. Once we have received 1,000 signatures of registered voters, we will then present the initial petition to the Boston City Council and the Mayor at City Hall.