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Disinvest the Church of England from fossil fuels1. Climate change is becoming an ever more urgent issue, with increasingly severe impacts on our brothers and sisters around the world. Experts estimate that one person every second is displaced by climate or weather-related disasters. According to the Lancet, the number of weather-related disasters has increased by 46% since the year 2000. 2. Churches have a duty to ensure that their investments do not compromise the ethical position of their institutions. It is deeply uncomfortable for the Church to continue to invest in fossil fuels, which are causing the very harm it seeks to alleviate. 3. The Church of England invests more than £190 million in fossil fuel companies, despite the increasing financial risks of fossil fuel investments. A Carbon Tracker report published in 2017 found that five out of six major oil and gas companies were risking more than 30% of investments on projects that will never be pursued if global average temperature rises are limited to 2 degrees Celsius. 4. At Shell's AGM in May 2018, 95% of shareholders rejected a resolution calling on the company to set stronger emissions targets in line with the Paris Agreement goals. ExxonMobil blocked a resolution on climate change from being considered at its 2018 AGM. It is clear that engagement with fossil fuel companies isn't working. 5. The vast majority of known fossil fuel reserves must remain in the ground if we are to have any chance of meeting the Paris Agreement targets. The reserves in currently operating oil and gas fields alone would take the world beyond 1.5 degrees Celsius of warming. 6. The Church of England has made commitments to address climate change and reduce its overall carbon footprint. This commitment must be extended to how funds are invested. The Church has a unique opportunity to demonstrate leadership on this issue and to influence the public debate on the ethics of continuing to invest in fossil fuels. For more information about Operation Noah's Bright Now campaign, please visit www.brightnow.org.uk4,695 of 5,000 SignaturesCreated by Operation Noah
Divest Vallejo from Fossil FuelsWe hold the future of our children and grandchildren in our hands. In the words of Seattle's Mayor McGinn, "We’re the first generation to see the effects of climate change, and the last generation who can do anything about it. To refuse to use every tool at our disposal in this fight – to embrace inaction – is to endorse a trajectory that will lead to suffering, privation, and calamity" The world leaders agreed in the Copenhagen Climate Summit that raising the global temperature more than 2 degrees Celsius would be devastating for civilization. If we continue to burn fossil fuels at current rates we will surpass this target within 12 to 15 years. Today we are already witnessing the effects of accelerated climate change: increased global temperatures have caused more extreme weather, food and water shortages, resource conflicts, climate refugees, and negative health impacts which have been felt disproportionately by coastal and impoverished communities. This is not a partisan issue, it is an ethical issue. Ethical financing is a statement that we will not support the profits of fossil fuel companies while millions of poor people around the globe bear the brunt of climate change as they experience famine, mass emigration and civil unrest as a result. The burning of fossil fuels is the major contributor to the greenhouse gas build-up which causes global climate change. To prevent climate chaos, the fossil fuel industries have to keep 80% of their reserves underground. They will not do this willingly. However, as a community, we have the power to convince them by divesting from fossil fuels. Divestment from fossil fuel companies can: a) drive public awareness of the incalculable damage being done by the fossil fuel industry as it generates huge immediate profits in exchange for an uninhabitable future; b) build public recognition of the urgent need to drastically and rapidly reduce humanity’s dependence on fossil fuels; c) call widespread attention to the consequences of continuing a “business as usual” approach to extracting, marketing and burning fossil fuel; d) lead to inspiring and urgent, accelerated and popular commitment to leave untapped 80% of the known carbon reserves,while developing renewable energy resources capable of meeting humanity’s needs – thus making it possible that life as we have known it might continue on earth. You can read the Carbon Tracker list at http://www.carbontracker.org/ You can review fossil fuel and fossil free investments at https://fossilfreefunds.org/ Please also support the petition to divest the city from Wells Fargo, who is funding the DAPL: https://www.change.org/p/bob-sampayan-cityofvallejo-net-divest-the-city-of-vallejo-from-wells-fargo?recruiter=602312054&utm_source=share_petition&utm_medium=facebook&utm_campaign=share_for_starters_page&utm_term=des-lg-no_src-no_msg https://www.youtube.com/watch?v=KuCGVwJIRd090 of 100 SignaturesCreated by Richard Fisher
Divest LothianWe all deserve a future worth retiring for, but fossil fuels threaten that future, both here in the Lothians and around the world. It's time for the Lothian Pension Fund to make a strong commitment to sustainability. Scientists are clear that the burning of fossil fuels - coal, oil and gas - is the main driver of warming around the world, the effects of which can already be seen in hurricanes in the Caribbean, wildfires in the US and Europe and catastrophic flooding in Asia. More warming will cause increasing devastation. The Lothian Pensions Fund invests £153 million in fossil fuel companies like BP and Shell, whose business plans, and the valuations of their shares, are based on a world which continues to warm. Efforts to tackle climate change, such as banning fracking and phasing out fossil fuel-powered cars, make the future for fossil fuel companies more risky. The Governor of the Bank of England has warned that the "vast majority of [fossil fuel] reserves are unburnable" if climate change is to be limited to safe levels as pledged by the world's governments. By investing in the companies most responsible for climate change funds risk significant losses, fail to protect members' best interests, and miss an opportunity to take leadership on sustainability. By committing to divest, the Lothian Pension fund would join responsible investors including the Cities of New York and Paris. Over twenty Scottish MPs, including Ian Blackford, Christine Jardine and Ian Murray, have also supported disinvestment of their own pension fund.10 of 100 SignaturesCreated by Susan Hamilton
DivestSurreyThe Surrey Pension Fund has over £130 million invested in fossil fuels. The simple fact is this. You can be in favour of massive continued support of the oil industry or you can be in favour of preventing the systematic destruction of our ecosystems. But you can't do both. French president Macron recently said during his trip to meet Donald Trump, “What is the meaning of life if we are destroying the planet while sacrificing the future of our children”. “Let’s face it there is no planet B” Unless we think that trashing our own planet and passing that problem on to our children and grandchildren is a good idea, then we would ask you to add your name to our petition and make your voice heard. Many thanks356 of 400 SignaturesCreated by Steve McDonald
Divest The Open University from fossil fuelsTo support the speediest conversion to reducing carbon dioxide emissions, encourage politicians to get serious themselves, and to be a consistent part of the solution rather than a part of the problem.521 of 600 SignaturesCreated by Simon Barton
Divest CamdenWe believe divestment from fossil fuels to be not only ethically and environmentally correct, but also financially prudent. We are very aware of the importance of and legal obligation to secure the highest possible returns, and believe divestment to provide this in the post Paris Climate Agreement world. The committment to maintaining global temperature rise well below 2 degrees, in line with the agreement, would see much of the current assetts of fossil fuel companies becoming stranded. This has been supported by various financial institutions, including the Bank of England. Camden Council has a proud history of divesting from the apartheid regime in South Africa, and considering the significant size of its fossil fuel investments (£50 million), could honour this heritage through securing a divestment committment that would resonate on a national scale.255 of 300 SignaturesCreated by Susan Poupard
Divest Kassel - Kein Geld für Waffen, Kohle, Öl und Gas!Als Divest Kassel setzen wir auf die politische und moralische Wirkung eines öffentlichen Divestments. Sich zum Divestment zu bekennen, stellt eine klare Positionierung für den Klimaschutz und für ein friedliches Miteinander dar. Auf diese Weise Stellung zu beziehen, zielt auf den Ruf der Konzerne und soll ihren Lobbyeinfluss begrenzen. Die Stadt Kassel nimmt ihre Verantwortung für den Klimaschutz bisher nur lückenhaft wahr. Die Verantwortung hört zum Beispiel nicht bei Finanzfragen auf, sondern muss diese mit einschließen! Für einen konsequenten Klimaschutz, der der Verantwortung für die Allgemeinheit und für zukünftige Generationen gerecht wird, sollte daher auch das Anlagevermögen nach Kriterien des Klimaschutzes umgestaltet werden. Es reicht nicht, Urban Gardening und Fahrradverkehr mit kleinen Finanzspritzen zu fördern und gleichzeitig die Möglichkeit offen zu lassen, dass die Pensionsrücklagen mit den Profiten der fossilen Energiebranche oder der Rüstungsindustrie anwachsen. Nachhaltigkeit und Klimaschutz müssen ganzheitlich über alle Sektoren gedacht werden, wobei die Finanzen einen wichtigen Hebel darstellen. "Genug Klimaschutz" gibt es angesichts der dramatischen Konsequenzen des Business-As-Usual im Rahmen des Klimawandels nicht! Im Pariser Klimavertrag hat sich auch die Bundesregierung dazu bekannt, das 2°-Limit deutlich zu unterschreiten und Anstrengungen zu unternehmen, den Temperaturanstieg auf 1,5° Celsius zu begrenzen. Das heißt im Klartext: keinerlei neuen Investitionen in jegliche Kohle-, Öl- oder Gasinfrastruktur und frühzeitiges Ende der bestehenden Förderungen. Denn allein die Ausbeutung der heute bereits produzierenden Lagerstätten werden uns schon über diese Limits katapultieren. Von dieser absehbaren Mensch-Umwelt-Katastrophe dürfen wir nicht profitieren, sondern müssen jede Anstrengung unternehmen, sie zu verhindern. Als Divest Kassel sehen wir es darüber hinaus angesichts der örtlichen Rüstungsindustrie und deren aktuellen skandalösen Verstrickungen in Konflikte wie im Norden Syriens oder Saudi-Arabien / Jemen als dringend notwendig an, die Deinvestition aus dieser Branche zu fordern, um so ein Statement für Abrüstung und mehr Frieden in der Welt zu setzen. Denn wenn der Klimawandel und Kriege zu verurteilen sind, dann ist es auch falsch, davon zu profitieren! Weitere Informationen und Hintergründe zum Nachlesen im Argumentationspapier von Divest Kassel: http://divestkassel.blogsport.eu/files/2018/03/argumentationspapier_divest-kassel_2018-02-26.pdf5 of 100 SignaturesCreated by Kerstin Lopau
Divest Imperial from Fossil FuelsClimate change has been described as the most serious challenge of our generation. Under the United Nations Copenhagen Accord, countries have agreed to limit warming to 2 degrees to prevent dangerous climate change. Moreover, investing in fossil fuels poses a serious financial risk. According to recent research led by Professor Lord Stern at LSE, two-thirds of current fossil fuels reserves are unburnable if climate change is to be kept to the globally-agreed limit of 2 degrees of warming [3]. In this regard, we call upon the Endowment Fund Board to issue explicit guidance to ensure the funds are divested away from fossil fuels, for the sake of current and future generations. References: [1] FOI Request [2] People & Planet, Platform, 350.org: http://peopleandplanet.org/dl/fossil-free/knowledge-power-report.pdf [3] Carbon Tracker Initiative Report (Carbon Tracker & The Grantham Research Institute, LSE) : http://www.carbontracker.org/wastedcapital1,780 of 2,000 SignaturesCreated by Tara Clarke
Let's renew the Politecnico di Milano - stop fossil fuels!We want that our university, the most important eningeering university in Italy, to focus (during our education) most on renewable energy, not only on fossil fuels energy. Now the biggest part of the education program is based on "traditional" sources of energy, such as gas and coal. We need to teach to the future of our Country the importance of the renewable energy! As signed in Paris in 2015, we MUST change our vision of energy for the future. We ask to the Politecnico di Milano to increase the time and the quality of the renewabe energy teaching. We are the future, and we demand to teach the future in our university. Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50 billion in damages. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.55 of 100 SignaturesCreated by Michele Argenta
Hertfordshire County Council: Divest from fossil fuels1. Hertfordshire County Council Pension Fund has around £140,000,000 invested in fossil fuel industries, including BG Group PLC, Royal Dutch Shell PLC and Rio Tinto PLC. 2. The pension fund affects over 180 employers in Hertfordshire including Hertfordshire County Council (including schools), North Herts District Council, Dacorum Borough Council, East Hertfordshire District Council, Hertsmere Borough Council. Broxbourne Borough Council, St Albans District Council, Stevenage Borough Council, Three Rivers District Council, Watford Borough Council and a range of community and voluntary groups. See here for list http://divestherts.org/ 3. 97% of climate scientists agree that humans are the primary cause of recent climate change, largely due to the release of greenhouse gases from the combustion of oil, coal and gas for heat and power. Global warming is happening now - it is not a thing of the future; thanks to our appetite for fossil fuels we’ve already experienced a global temperature rise of about 1°C since the Industrial Revolution.[1] The effects of this rise in temperature are already being felt, causing more frequent and intense extreme weather events, including more tropical storms in some areas, but drought in others. Climatic changes and oceans becoming more acidic due to absorbing excess carbon dioxide present a real threat to whole ecosystems. It’s not just bad for the environment, it’s putting people's lives at risk too due to food and water insecurity and is creating climate change refugees.[2] 4. In order to stop the global climate warming by another 2 °C, 80% of all known fossil fuels must stay in the ground.[3] However, despite all the evidence showing that we need to transition to cleaner forms of energy, fossil fuel companies are continuing to extract dirty fossil fuels, and making huge profits in the process.[4] 5. Investments in fossil fuels are also risky. Recent fluctuations in oil prices means that divesting from fossil fuels would minimise the council's exposure to the financial risk of the 'carbon bubble', whereby companies risk being left with stranded assets (worthless fuel stocks that regulation will prevent from being burned). People and institutions that own shares in the companies will see the value of their investments decrease. (5) 6. By removing investments in these companies Hertfordshire County Council will be showing its commitment to creating a healthy, sustainable future for both the people of Hertfordshire and the planet as a whole. 7. Institutions across the world including churches and universities, as well as local authorities in the UK such as Bristol City Council and Oxford City Council have already committed to divest from fossil fuels. [6] Let's see Hertfordshire join them in making this small but impactful commitment. [1] http://350.org/about/science/ [2] http://climatemigration.org.uk/about-us/ [3] http://www.bbc.co.uk/news/science-environment-30709211 [4] http://priceofoil.org/tag/fossil-fuel-industry-profits/ [5] http://www.ft.com/cms/s/0/28f00388-0df3-11e5-9a65-00144feabdc0.html#axzz3mHL64WyD [6]http://gofossilfree.org/commitments/351 of 400 SignaturesCreated by Gwen Buck