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  • To XSchool headmaster - we need a Fossil free ABP
    Pressure is growing on ABP to stop funding the climate crisis - now is the time to make our voice heard.
    1 of 100 Signatures
    Created by Rachel Hubbard
  • #ExitSpiritEnergy: Stadtwerke München raus aus der Förderung fossiler Brennstoffe!
    Um ihren beschlossenen klimapolitischen Zielen „Klimaneutralität 2035“ gerecht zu werden und den Klimanotstand ernst zu nehmen, muss die Stadt München endlich konsequent handeln und mit gutem Beispiel vorangehen. Der Großteil der fossilen Reserven von Öl und Gas muss aber weltweit ungenutzt im Boden bleiben, um das +1,5 Grad Celsius Ziel aus dem Pariser Abkommen gerade noch zu erreichen. Somit laufen die SWM zudem ernste Gefahr, dass ihre Investitionen in Spirit Energy massive Wertverluste erleiden und als stranded assets, „gescheiterte Investitionen“, abgeschrieben werden müssen. Das wären verlorene Millionen-Beträge der SWM zulasten der Stadt München, ihrer Bürger*innen und Steuerzahler*innen. Die bayerische Gemeindeordnung erlaubt der Stadt München und ihrer Tochter Stadtwerke nur die für die kommunale Daseinsvorsorge Münchens elementaren Aufgaben und Tätigkeiten wahrzunehmen z.B. im Energie- und Wärmesektor, nicht aber die Spekulation am Weltmarkt, um dort Gewinne zu erzielen. Angesichts der weltweiten Fördermengen und der sinkenden Preise ist die Erdöl- und Erdgasförderung der SWM in der Nordsee für den europäischen und globalen Markt in keiner Weise mit der Brennstoffversorgung für München zu begründen. Langfristig und nachhaltig kann die Versorgungssicherheit für München nur durch erneuerbare Energien sichergestellt werden. Deshalb: verbindlicher Ausstieg aus fossilen Brennstoffen! Diese Petition wurde gestartet von folgenden Organisationen: Fossil Free München,Fridays For Future München, Students For Future München, Green City e.V., Netzwerk Klimaherbst e.V., Extinction Rebellion Munich, AG ÖkoSozial, Parents For Future München, Protect the Planet, Bündnis Raus aus der Steinkohle, WissenLeben e.V., rehab republic e.V.
    328 of 400 Signatures
    Created by Marita Matschke
  • Divest the London Pension Fund from Fossil Fuels
    Sadiq Khan, the Mayor of London, supports divestment! http://www.sadiq.london/a_greener_cleaner_london Climate change is the greatest challenge humanity has encountered. Warming in excess of 1.5°C will have catastrophic consequences [1]. In order to have a chance of staying below this temperature rise, 80% of known fossil fuel reserves must not be burnt [2]. The fossil fuel industry currently holds vast carbon reserves which if burnt would result in emissions 5 times larger than what it is deemed to be safe [2]. All available evidence suggests that fossil fuel companies intend to burn the reserves within their control. In addition, companies such as Shell are actively trying to discover new reserves, often in environmentally sensitive regions [3]. If it is wrong to damage the world we live in, then it is wrong to profit from that damage. Responsible investors should no longer be profiting from the destructive activities of these companies. The London Pension Fund Authority (LPFA) manages the pensions of City Hall employees (including the Mayor of London and the London Assembly) as well as many other local authorities [4]. It manages nearly £5 billion worth of assets, millions of which are direct investments in fossil fuel companies including BHP Billiton, Rio Tinto and Shell [5]. Indirect investments total £54.6 million. These fossil fuel investments are becoming increasingly risky as the cost of extraction increases and international treaties restrict the use of fossil fuels [2]. Not only does it make moral sense not to invest in the destruction of our planet, it also makes financial sense. By divesting from fossil fuels, City Hall will join public institutions such as the British Medical Association, Glasgow University and Oxford City Council, amongst many others, in leading by example to help create a sustainable future for the citizens of London and beyond. So we ask: 1. The London Pensions Fund Authority (LPFA) to: - Immediately freeze any new investment in fossil fuel companies, including those made by externally managed and pooled funds. - Offer a fossil free pension option to employees - Divest from the top 200 companies with the largest known carbon reserves (oil, gas and coal), and shift these funds to lower risk, ethical investments within 5 years 2. The Mayor and the London Assembly must be transparent about their relationship with the fossil fuel industry: - Publish full details of their financial and other ties to the fossil fuel industry - Not accept sponsorship and advertising from fossil fuel companies. - Declare their divestment from the fossil fuel industry in order to encourage other pension funds, institutions and individuals to do the same. References [1]http://bit.ly/1Cp61vN [2]http://bit.ly/1mLPo58 [3]http://bit.ly/1r2Y2Qb [4]http://www.lpfa.org.uk/Who-we-are.aspx [5]http://bit.ly/1z8u53U
    2,270 of 3,000 Signatures
    Created by Divest London
  • Disinvest the Church of England from fossil fuels
    1. Climate change is becoming an ever more urgent issue, with increasingly severe impacts on our sisters and brothers 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.uk
    6,775 of 7,000 Signatures
    Created by Operation Noah
  • DivestSurrey
    The Surrey Pension Fund now has £145 million invested directly in climate wrecking fossil fuels. The United Nations has recently warned us that we have just 12 years to urgently cut our CO2 emissions or face an eco system melt down. In short we face the most awful consequences if we continue to financially support this industry. Please help us persuade the Surrey pension Fund to remove these investments by signing up to our campaign.
    563 of 600 Signatures
    Created by Steve McDonald
  • UCT to divest from fossil fuels and invest in sustainable energy
    Almost every government in the world has agreed that any warming above a 2 °C rise would be unsafe, and many[1] believe that target should no more than 1.5 °C degrees. Humanity has raised the global temperature by 0.8 °C, and that has caused far more damage than most scientists expected. More than a third of summer sea ice in the Arctic is gone, the oceans are 30 per cent more acidic, and the climate dice are loaded for both increasing floods and droughts. This damage to a human-friendly climate threatens the most fundamental human right – the right to life – and the environment and economies that support human life. Scientists estimate that humanity can add roughly 565 more gigatonnes of carbon dioxide into the atmosphere and still have an 80% hope of keeping average global warming below two degrees.[2] Computer models calculate that even if we stopped increasing CO2 and other greenhouse gas levels now, the temperature would still rise another 0.8 °C above the 0.8 °C we have already warmed, which means that we’re already three-quarters of the way to the 2 °C target. The proven coal, oil, and gas reserves of fossil-fuel companies, corporate and state-owned, which they currently plan to extract, equal about 2,795 gigatonnes of CO2, or five times the amount we can release without passing 2 °C of warming. Given this mounting crisis, there have been numerous authoritative calls[3] for a global target of phasing out all use of fossil fuels, or achieving carbon neutrality (net zero emissions), by 2050. Africa is a continent particularly vulnerable to climate change and it would be short-sighted to contribute to our own destruction – ‘extremely dangerous’ climate change[4] – in the name of short-term economic development. The principle of intergenerational equity is written into the South African Constitution, but contributing further to climate change would inevitably compromise the lives and livelihoods of current and future generations. The fossil fuel industry threatens human health (through climate change, air and water pollution), threatens democracy (through funding, disclosed and undisclosed, of political parties and politicians)[5] and threatens science (by funding climate science denial campaigns and using non-disclosure agreements to block research into the health impacts of fossil fuel extraction). Every societal institution that is aware of the climate change threat has a profound responsibility to take every possible action to avert it, especially to those that hold some responsibility for contributing to it through past and present emissions. It makes no sense to preserve the short- and medium-term value of current investments while contributing to long-term economic destruction. Divestment is wise (avoiding risk of stranded assets), ethical, feasible (many other institutions are doing it), effective and urgent.[6] UCT's own chancellor, Graça Machel, told the UN in September 2014, “There is a huge mismatch between the magnitude of the challenge and the response we heard here today. The scale is much more than we have achieved.” UCT has already made strong commitments to sustainability.[7] Honouring them demands consistent, decisive action to stop dangerous climate change. UCT aims to be a centre of excellence in climate change research, and risks undermining its academic integrity if it continues to invest in companies and practices at odds with the conclusions of its researchers. [*] References can be viewed at gofossilfreesouthafrica.wordpress.com/about. NB: Please sign this petition only if you are a member of the UCT community – faculty, staff, students and alumni.
    1,009 of 2,000 Signatures
    Created by David Le Page
  • Worcestershire County Council Divest from Fossil Fuels
    It has been reported (http://gofossilfree.org/uk/pensions/) that the Worcestershire County Council Pension Fund has £197,423,000 (10.74% of its total pension fund) invested in fossil fuels. If fossil fuel companies extract and burn just 20% of the reserves they hold, this will cause catastrophic climate change (extreme weather, food shortages and conflict). The urgency of stopping climate change requires that we progressively stop burning fossil fuels now. It is irresponsible and immoral for public bodies and pension funds to invest in fossil fuel extraction companies and instead they should, where possible, direct investment into 'green energy' infrastructure. Fossil fuel companies are highly overvalued due to the assumption that all of their reserves will be burnt. But as policy catches up to climate realities, this overvaluation means there’s a multi-trillion dollar “carbon bubble” that’s poised to burst. This will greatly effect the value of our Pensions if they are still invested in Fossil Fuels.
    119 of 200 Signatures
    Created by Matthew Jenkins Picture
  • Divest Pilgrim Lutheran From Fossil Fuels
    We are a Caring for Creation congregation. Aligning our investments with our values is important to us.
    25 of 100 Signatures
    Created by Drew Johnson
  • Petition to Divest Case Western Reserve University From Fossil Fuels
    Humanity is at a precipice. In October 2018, the United Nations International Panel for Climate Change (IPCC) stipulated that humanity would have to cut carbon emissions in half by 2030 and reach net zero carbon emissions by 2050 in order to avoid the most catastrophic effects of climate change. The science is clear that institutions must play a role in the mass effort to avoid climate catastrophe. The 2017 Carbon Majors Report found that just 100 fossil fuel companies have been responsible for 71% of global emissions since 1988. If we are to avoid the least catastrophic side effects of increased global temperature, which include droughts, floods, and famines increasing in both frequency and severity the longer we fail to act, “the world would have to leave two-thirds of its fossil fuel reserves unexploited” As a result, it is downright abhorrent to continue harboring any connection to an industry that bears significant responsibility for the crisis that disproportionately harms low-income, and minority communities, in addition to threatening the future of each and every human being. Specifically in regards to the Cleveland community, our region has been detrimentally impacted by heightened droughts and floods—the results of which reverberate through agriculture and infrastructure development, contributing to widespread, systemic, environmental racism. CWRU’s $1.87 billion endowment currently has an undisclosed exposure to fossil fuels, an industry that has led an attack on science and climate crimes against humanity. The destruction perpetuated by the fossil fuel industry is not accidental. The Climate Deception Dossiers, published by the Union of Concerned Scientists, contains over 300 pages worth of documents and internal memos from fossil fuel companies that display a deep understanding of potential implications as far back as the 1980s. Even more unforgivable is the evidence of “forged letters to Congress, secret funding of a supposedly independent scientist, the creation of fake grassroots organizations, multiple efforts to deliberately manufacture uncertainty about climate science and more.” CWRU cannot credibly claim to be an institution that promotes scientific inquiry and academic integrity, nor can it continue to assert that the university holds self-stated core values such as “academic freedom and responsibility,” “ethical behavior” and an “emphasis on sustainability” while continuing to invest in publicly traded fossil fuel companies. There is undeniable evidence that fossil fuels have been and will continue to be an increasingly imprudent investment. As shown in the report written by American University’s Student Government Financial Research Office, which led to the university’s subsequent divestment several months ago, “indices without fossil fuel investments perform better than those with such investments...fossil free investments have practically identical, often lesser, volatility as compared to their traditional counterparts, speaking to their sustainability.” The report continues with the evidence that divestment does not impair an investment portfolio, stating that “portfolios that divest from fossil fuels and utilities and invest in clean energy perform better than those with fossil fuels and utilities.” Finally, the report explains how investing in fossil fuels is, contrary to popular belief, an extraordinarily high-risk endeavor. These risks arise from a number of sources: global policy changes aiming to reduce greenhouse gas emissions; evolving technology which has the potential to undermine the success of fossil fuels, exemplified by the prediction that “LED lighting will reduce electricity consumption for lighting by 40 percent between 2013 and 2030”; and the potential for fossil fuels to become “stranded assets” through various pressures which will render them liabilities. All these factors contribute to the estimate that average annual returns may fall up to 74% and 63% in the coal and oil subsectors, respectively. Fossil fuel divestment is not only a decision which is morally right, but one which is also realistic and financially sound. On April 22, American University announced that although they had “had no direct investments in fossil fuel funds for several years,” they [had] divested all of its public fossil fuel investments from its endowment. In AU’s case, much of the fossil fuel exposure was “concentrated entirely in commingled funds.” However, in what CWRU might call “Thinking Beyond the Possible™ ,” over just several months, AU’s Board of Trustees eliminated the remaining $12.9 million of fossil fuel exposure within the public endowment portfolio by selling “$350 million in commingled and index funds, with the proceeds reinvested in investments that do not include any fossil fuel holdings.” Institutions such as American University, in addition to the University of Hawaii and Pratt Institute, have set the gold standard for complete divestment by showing not only, that it is realistic with both financially and socially responsible leadership, but also that joining these few universities gives CWRU the opportunity to establish itself as a leader in combating the climate crisis. Continuing to ignore calls for divestment will undeniably stake the university, members of the board of trustees, and administrators sides in history as complicit in the continuing irreversible harm to the Cleveland community, and humanity as a whole.
    327 of 400 Signatures
    Created by Jack Turner Picture
  • Go Green
    We have no planet B to live in. It's time to divest fossil fuels and move to renewable energy.
    13 of 100 Signatures
    Created by Asmaa Hanafi Picture