Divest Oxfordshire from fossil fuels

To: Oxford City Council and Oxfordshire County Council

Divest Oxfordshire from fossil fuels
1,260
of 2,000 signatures
Oxford, United Kingdom
Campaign created by Al Chisholm


1. Immediately freeze any new investments in fossil fuels
2. Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years

Why is this important?

Our local authority has a duty to look out for the public good. Fossil fuels are in direct conflict with the public good: investing in them poses a risk both to investors and to the planet. So Oxford City Council and Oxfordshire County Council should take a moral, political and economic stand against them by taking our money away from fossil fuel companies and putting it into investments that are less at risk from climate change legislation and more compatible with our values.

Divestment from fossil fuels would make a powerful statement that the fossil fuel industry is morally and economically unviable, and that the people of Oxfordshire wish to support an alternative, sustainable energy future that will leave the planet in a shape that allows us, our children and grandchildren to live safely on it.

Financial research has called into question the valuations of fossil fuel companies due to their reliance on reserves which may become unburnable if carbon legislation comes into effect.

Category: Cities & States
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Reasons for signing

  • Jane I. 2015-07-21 06:43:11 -0400
    To take a moral and economic stand. For investment to be in line with values.
  • robert b. 2015-05-19 12:19:09 -0400
    our local representative bodies should be made aware of investment in carbon producing damaging technologies
  • jacqueline F. 2015-01-15 17:24:04 -0500
    We need to leave 80% or so of known fossil fuel reserves in the ground, unexploited, if we are to have any hope of avoiding catastrophic global warming . CO2 persists for many decades in the atmosphere. We must change to renewable energy, and a carbon- free future now.

Updates

5 months ago

1,000 signatures reached

over 1 year ago

50 signatures reached

over 1 year ago

25 signatures reached

over 1 year ago

10 signatures reached