Please divest Tonbridge and Malling's money (and encourage KCC, which looks after the pension fund, also to divest its holdings) from banks and other financial institutions that lend to investors in fossil fuels.
Why is this important?
97% of scientists agree that Climate Change is a fact(1)One of the effects of this will be increased instances of flooding. The reserves of fossil fuels left in the ground are dwindling, and are ever more difficult to extract. In the long term they will run out.
In the future the world needs to move towards reliable non fossil fuels such as renewable energy. Moving investments away from fossil fuels will hasten this change to alternative sources of energy.
Tonbridge is a town that is already prone to flooding,and so particularly at risk from extreme weather events. It does not make sense for a borough that is suffering from the results of climate change to be investing in the fossil fuels that are fuelling climate change.
In the past fossil fuels were seen as a good safe investment....but the world is changing, and they are not the most reliable source of energy for the future.
1 http://www.theguardian.com/environment/climate-consensus-97-per-cent/2013/may/16/climate-change-scienceofclimatechange
Reasons for signing