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To: The Baltimore Washington Conference of the United Methodist Church

Divest Baltimore Washington Conference of United Methodist Church from Fossil Fuels!

Divest Baltimore Washington Conference of United Methodist Church from Fossil Fuels!

The Conference will through the appropriate Boards, Agencies, and Committees:

1. Immediately stop and instruct asset managers to stop any new investment in fossil fuel companies; and
2. Ensure none of its directly held or commingled assets include holdings in fossil fuel public equities and corporate bonds within 5 years as determined by the Carbon Tracker list; and
3. Release semi-annual progress reports.

Why is this important?

WHEREAS, all creation is the Lord’s, and we are responsible for the ways in which we use and abuse it. Water, air, soil, minerals, energy resources, plants, animal life, and space are to be valued and conserved because they are God’s creation and not solely because they are useful to human beings. God has granted us stewardship of creation; and
WHEREAS, we acknowledge the global impact of humanity’s disregard for God’s creation. Rampant industrialization and the corresponding increase in the use of fossil fuels have led to a buildup of pollutants in the earth’s atmosphere. These “greenhouse gas” emissions threaten to alter dramatically the earth’s climate for generations to come with severe environmental, economic, and social implications. The adverse impacts of global climate change disproportionately affect individuals and nations least responsible for the emissions; and
WHEREAS, any truly effective strategy to combat climate change will likely require … keeping a significant portion of remaining fossil-fuel reserves in the ground rather than burning them. … (T)hat roughly 80% of the world’s fossil fuel reserves cannot be consumed without pushing the earth’s temperature beyond 2˚ C increase that climate scientists believe marks the tipping point beyond which impact are likely to be catastrophic; and
WHEREAS, we can invest in alternatives – better companies, better strategies, better outcomes. We can invest in the future, and in those companies whose technologies and solutions will help catalyze the transition to a truly sustainable global economy; and
WHEREAS, for decades, fossil fuel companies have spent millions of dollars to influence legislation in state capitals and Congress and have been very successful in their efforts to block carbon emission goals and cut off support for clean and renewable energy sources.

Baltimore, MD, United States

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2016-11-03 16:40:09 -0400

50 signatures reached

2014-06-09 18:59:13 -0400

(Continue) ...The Task Force will report back to Annual Conference 2015 on the divestment alternatives which are available to the Conference, including the cost of each alternative and its potential impact on Conference Retirees. The Task Force will also, if so moved, recognizing that only the General Conference may direct the investment policy of the General Board of Pension and Health Benefits, present to Annual Conference 2015 appropriate legislation which the Annual Conference may submit to the General Conference in 2016.

2014-06-09 18:57:57 -0400

Amended and passed May 31, 2014 - Resolved replaced with: Be it Resolved the Baltimore-Washington Conference directs the creation of a Divestment Working Group with membership appointed by the Conference Board of Church and Society, the Conference Board of Pensions and Health Benefits, and the Conference Council on Finance and Administration. The Conference Treasurer shall be a non-voting member of the Task Force. The Task Force will study the available alternatives regarding divestment from corporations engaged in activities which the Conference may oppose, including Fossil Fuels and Israel/Palestine. ....

2014-05-28 13:07:21 -0400

Endorsed by BWC MFSA Chapter Steering Committee today! Joins BWC Board of Church and Society.

2014-04-06 21:15:47 -0400

2014-04-06 21:14:35 -0400

2014-04-06 21:12:16 -0400

Three Numbers, Three Minutes.

2014-04-06 21:06:34 -0400

Desmond Tutu says divestment is a tool that needs to be used again. Forty-four seconds:

2014-04-06 21:01:33 -0400

25 signatures reached

2014-03-28 17:55:53 -0400

The Resolution is published on page 99 and 100 of the Pre-Conference Booklet which I just received today. Althought the Connectional Table meeting on Feb. 22, 2014 voted non concurrence (17 to 57 I believe) there is still plenty of time for events and our efforts to prevail at the AC session May 29-31.

2014-03-09 14:00:37 -0400

Bill McKibben's Sermon at Riverside Church in NYC in April 2013 is the most important and prophetic call to Christians to divest from fossil fuels.

2014-03-09 13:56:53 -0400

Footnotes to Resolution making its way forward to Annual Conference in May 2014:
1. Bill McKibben, “Playing Offense, It’s time to divest from the oil industry”, The Christian Century (cover story), January 9, 2013
2. The Book of Discipline of The United Methodist Church, 2012, ¶160
3. The Book of Discipline of The United Methodist Church, 2012, ¶160D
4. Pax World Mutual Funds, Semi- Annual Report, June 30, 2013
5. Ibid.
6. 350.ORG, Green Century Capital Management, Trillium Asset Management; EXTRACTING FOSSIL FUELS FROM YOUR PORTFOLIO, 2013

2014-02-26 19:41:33 -0500

10 signatures reached

2014-01-18 09:44:10 -0500

The Conference Board of Church and Society as well as Middletown UMC Justice for All Journey Group have both endorsed!

2014-01-14 08:45:35 -0500

This resolution to the Annual Conference will be filed with the conference secretary by the January 20, 2014 deadline.