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- Divest the University of Bath from the Fossil Fuel IndustryThe world has committed to keeping global warming below 2 degrees. To achieve this, over 80% of the proven fossil fuel reserves will have to stay in the ground (1) - we simply cannot afford to continue to invest in this industry. However, the arguments against fossil fuel investments are not just environmental. Economically, it is clearly unsustainable to rely on non-renewable resources. The price of oil is already volatile and is a significant source of financial risk (2) whereas, in contrast, low-carbon investments are becoming increasingly profitable (3). Divestment is a proven, powerful tool for people to collaborate and directly effect large scale change. It was, for example, a key strategy in the ending of South African apartheid and the stigmatisation of the tobacco industry, and will be a key player in the global transition to sustainable energy sources. The University of Bath has fossil fuel holdings totalling half a million pounds including over £100,000 in Shell alone (4). Our call is for the university to divest these holdings and publicly commit to never investing in them again. The activities of these companies are completely incompatible with the university’s own mission (5) and is at odds with much of the work on campus, from the research at the CSCT (6) and the IPR (7) to the discussions at the I-SEE (8). The campaign here at Bath is part of the wider Fossil Free movement – an accumulation of grassroots campaigns at a diverse range of respected institutions around the world, from Le Louvre museum in Paris to the University of Cambridge here in the UK. A quarter of universities in the UK have already committed to divesting, and Bath should be proud to join their ranks. Many of these forward-thinking universities had far more invested (9), so what we are demanding is not out of reach. The wider statement that the University of Bath will make when it divests will be significant and will extend far beyond the removal of the raw finances. In divesting from fossil fuels, the University will be: - Showing solidarity with communities already bearing the brunt of the effects of climate change, most of whom have contributed little to the problem; - Helping to reclaim our democracy from the power of fossil fuel lobbying groups (10); - Contributing to the stigmatisation of the fossil fuel industry: “the most far-reaching threat to fossil fuel companies” (11); - Influencing public discourse on climate change: leading the way for other UK universities and policy makers, too. It is time for the University of Bath to realise how incompatible a safe climate future is with these fossil fuel relationships, and to take meaningful action to go fossil free. This petition for a Fossil Free Bath complements Bath SU policy (12) voted through by 60% of students in early 2016. References (1) http://math.350.org/ (2) https://www.theguardian.com/environment/2015/mar/03/bank-of-england-warns-of-financial-risk-from-fossil-fuel-investments (3) https://www.theguardian.com/sustainable-business/2016/feb/13/renewable-energy-investment-fossil-fuel-divestment-investor-summit-climate-change (4) FOI (5) http://www.bath.ac.uk/about/values/ethics/code-of-ethics.html (6) http://www.bath.ac.uk/csct/research/energy-water.html (7) http://www.bath.ac.uk/ipr/policy-briefs/reports/climate-change.html (8) http://www.bath.ac.uk/i-see/ (9) https://www.theguardian.com/environment/2014/oct/08/glasgow-becomes-first-university-in-europe-to-divest-from-fossil-fuels (10) http://priceofoil.org/fossil-fuel-industry-influence-in-the-u-s/ (11) http://www.smithschool.ox.ac.uk/research-programmes/stranded-assets/SAP-divestment-report-final.pdf (12) https://www.bathstudent.com/pageassets/policy-governance/2015-16-4-Fossil-Free-Bath.pdf1,549 of 2,000 SignaturesCreated by Garoe Dorta Perez
- Fossil Free ULBUn mouvement mondial pour résoudre la crise climatique est en marche et vous pouvez y contribuer en agissant à un niveau local ! Aujourd’hui, les campagnes de désinvestissement des énergies fossiles se multiplient et nous demandons à l’ULB de se joindre au mouvement sans plus tarder. Pourquoi désinvestir des énergies fossiles ? Lors de la COP21, les États du monde entier se sont mis d’accord sur le fait que l’augmentation de la température terrestre moyenne ne doit pas dépasser 2°C (par rapport à l’ère pré-industrielle). L’accord de Paris mentionne même un objectif de 1,5°C. L’utilisation d’énergies fossiles est l’une des plus importantes causes d’émissions de CO2 dans l’atmosphère. Ce gaz est l’un des principaux responsables de l’augmentation de la température terrestre. Pour atteindre cet objectif de 2°C, 80 % des réserves connues d’énergies fossiles ne doivent pas être utilisées et doivent donc rester dans le sol. Pourquoi cibler l’ULB ? L’ULB dispose de fonds (principalement de réserve et de pension) auprès de banques s’élevant à des millions d’euros et comprenant des entreprises liées aux énergies fossiles. Actuellement, l'université ne veut pas nous communiquer les chiffres exacts, et n’a pas conditionné la totalité de ses placements à des critères éthiques. Or, l’ULB pourrait privilégier un investissement socialement responsable et investir dans des énergies renouvelables. En désinvestissant des énergies fossiles, l’ULB rejoindrait plus de 800 organisations dans le monde et deviendrait la 4e université belge à le faire, envoyant un signal fort dans la lutte contre le changement climatique. Pourquoi votre signature est-elle importante ? En octobre 2015, le Conseil d’Administration de l’ULB (CA) a été interpellé sur ses investissements et la possibilité que ceux-ci ne soient plus destinés à des entreprises ayant une activité nocive pour notre planète. A ce jour, ces demandes n’ont suscité que très peu d’intérêt auprès du CA. Durant l’année 2016-2017, l’université a été une nouvelle fois sollicitée de l’intérieur par son Conseil Etudiant ce qui a d’ailleurs abouti à une rencontre avec le recteur. Malgré l’enthousiasme de ce dernier, aucun progrès n’a été observé depuis lors. Pourtant, d'autres institutions et universités ont déjà franchi le pas en retirant la totalité de leurs investissements de l'industrie extractive. Par cette pétition, nous voulons envoyer un signal fort aux autorités universitaires et leur faire savoir que nous, citoyen·ne·s libre·s et responsable·s - étudiant·e·s, diplômé·e·s, enseignant·e·s, chercheur·euse·s, assistant·e·s, membres du personnel administratif, technique et ouvrier, Bruxellois·e·s ou habitant·e·s de cette Terre - n’acceptons pas que l’ULB compromette notre avenir et celui de notre planète en soutenant l’industrie des combustibles fossiles. Nous demandons à l'Université Libre de Bruxelles de faire preuve de responsabilité. En signant cette pétition, je marque mon soutien à la campagne « Fossil Free ULB ». Merci de préciser votre relation avec l'ULB dans votre signature (étudiant·e, membre du corps professoral, employé·e, ancien·ne étudiant·e, sous-traitant·e, etc.). Campagne soutenue par : 350.org Belgium, Greenpeace, BEA, Librex, AIC, Comac, Ecolo J, Cercle Oxfam, Amnesty International ULB, Campus en Transition ULB1,271 of 2,000 SignaturesCreated by François Herinckx
- Fossil Free Southampton UniversityIf it’s wrong to wreck the climate, then it’s wrong to profit from that wreckage, right? As emphasized in recent reports from the IPCC, international efforts must be significantly enhanced in order to remain below a 2°C limit of global warming, with risks of abrupt or irreversible climate consequences increasing with the magnitude of warming. Without dramatic reductions in carbon emissions the rate of climate change will have numerous detrimental effects. Environmental effects include sea level rise, more severe and prolonged droughts and floods, increase in number and intensity of hurricanes and storms, loss of biodiversity, decrease in fresh water availability and many more. These also have huge social and economic consequences with developing countries that are least responsible for these effects being most vulnerable and least capable of managing and adapting to the effects. Ultimately climate change will impact us all, therefore, it is clear that climate change mitigation must become a priority and we cannot allow the fossil fuel companies to continue with business as usual. The vast majority of fossil fuel reserves need to remain in the ground and this message must be reinforced! UK universities are deeply entangled in the fossil fuel industry. They currently invest up to £5.2 billion in the industry depending on the university, with money from their pension funds and endowments. Not only are universities financially supporting the fossil fuel industry, they are giving it a social licence. Universities are meant to be a bastion of forward thinking and life changing research in our society. Therefore, to invest in fossil fuels goes completely against this in every way. It is not just financial investments; too many UK universities also support the fossil fuel industry directly through their research and their partnerships with some of the biggest fossil fuel companies in the world like Shell and BP.247 of 300 SignaturesCreated by Tom Hicks
- Divest Dumfries & Galloway Council's Pension Fund from Fossil FuelsDumfries & Galloway Council has aspirations to be Europe's first carbon neutral region, yet its pension fund is the most heavily invested in fossil fuels in the whole of Scotland. Currently, the fund has more than £28 million invested directly in fossil fuels and almost another £50 million in projected indirect investment. These investment decisions make a mockery of the Council's own sustainability and climate change goals. Instead of fueling the climate crisis, it's time for Dumfries & Galloway Council to take a stand and divest from fossil fuels. The more than £78 million invested in fossil fuels could be directed to renewable energy in the Council's own area, promoting the potential for clean, green technologies in the region and boosting employment and infrastructure. With such a large fossil fuel investment (9.4% of their total fund), we would like to see D&G Council implement a 5-year plan to move to total fossil fuel divestment. Fossil fuels are the technology of the 20th century, not the 21st. Stocks in fossil fuels are volatile and the industry is preparing itself for a significant future loss of revenue caused by increasing extraction costs, falling quantities of available fuels and increasing public outrage at the lack of action on climate change. Our people and our planet can no longer afford to delay climate action.32 of 100 SignaturesCreated by Laura Moodie
- Vi vill se fossilfria pensionspengar"If it's wrong to wreck the climate, then it's wrong to profit from that wreckage"! Det är inte många institutioner idag som placerar sina tillgångar i vapenindustrin - det är helt enkelt betraktat som omoraliskt. Människor håller med varandra om att vapen inte är okej att stödja. Det klimatrörelsen insett är att olja, kol och gas också är vapen - vapen riktade mot atmosfären, klimatet och vår framtid. Därför är det inte okej att placera sina pengar hos, och därmed stödja, fossilindustrin. Fossil Free är en internationell kampanj för att flytta våra gemensamma tillgångar (skattepengar och andra resurser) från investeringar i olja, kol och gas. AP-fonderna består dessutom av pengar som ska ge oss en dräglig framtid. Det blir därmed motsägelsefullt att dessa pengar samtidigt bidrar till stora klimatförändringar och en ohållbar energiförsörjning. Det ligger i såväl ungas som äldres intresse att AP-fonderna blir fossilfria! Se gärna "Do the Math", en film som beskriver problematiken med att fossilindustrin ges fria tyglar (med stöd av våra pengar): http://vimeo.com/660669322,301 of 3,000 SignaturesCreated by Olivia Linander
- Divest the Nobel Foundation from fossil fuelsWe love Nobel. We love how it’s awards celebrate the greatest achievements of, and for, mankind. But there is one thing we do not love; its investments in the fossil fuel industry, which are driving climate change. We therefore call on the Nobel Foundation to commit to divest from fossil fuels. Why is this important? 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 stay in the ground [2]. The fossil fuel industry currently holds vast carbon reserves which if burnt would result in emissions 5 times larger than that which is scientifically 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. 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. And especially not the Nobel Foundation, which aims to highlight work done for the benefit of mankind. 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, the Nobel Foundation will join institutions such as Stockholm University and city and The Rockefeller Brothers Fund amongst many others [3], in leading by example to help create a sustainable future for our world. References [1] https://www.ipcc.ch/pdf/assessment-report/ar5/syr/AR5_SYR_FINAL_SPM.pdf [2] http://www.carbontracker.org/wp-content/uploads/2014/09/Unburnable-Carbon-Full-rev2-1.pdf [3] http://gofossilfree.org/commitments/2,131 of 3,000 SignaturesCreated by Andrew Maunder
- Fossilfria Pengar vid Mittuniversitet ÖstersundMittuniversitetet Östersund har flera program och kurser som förbereder den kommande generationen för klimatförändring. En av bygnaderna har ett tak som är fullt med solpaneler och kafeterian servera vegetarisk mat. Forskning kring ämnet finns. Universitetets vision stämmer redan med klimatförändringsfrågan. Östersunds kommun har bestämt att divestera. Men det är fortfarande ett krav att Miun Östersund är en del av att försöka lösa problemet lika mycket som att och sluta vara en del av det. Genom divestering kan vi reducera klimatförändringens oförväntade effekter och utveckla universitets ekonomiska framtid på ett hållbart sätt. Därför kräver vi att universitetet ska minska och över tid avbryta alla fossila investeringar och vara mer transparent i sin ekonomi. Som studenter, personal, alumni, representater och aktieägare av universitetet, tror vi att kostnaden som uppstår är en värdefull investering i vår gemensamma framtid, en förbättring av bilden av Mittuniviversitet och ekonomisk stabilitet. Mittuniversitet has several programs and courses which prepare the next generation for addressing the issues of climate change. A building's roof is covered in solar panels and the local cafeteria has among other options a daily vegetarian choice. Research is being carried out in the field. The general sentiment is that the university's vision is aligned with the issue of climate change. The municipality of Östersund has already decided to divest. However, it is as necessary that Mittuniversitet Östersund is a part of the solution as it stops being a part of the problem. By taking a proactive approach this institution can reduce the undesirable effects of the changing the world's climate and create a more sustainable economic future for itself. Therefore, we demand that the institution wind down all it's investments into fossil fuels and becomes transparent with their economic policy. As students, staff, alumni, representatives and shareholders of this university, we believe divesting is a worthwhile investment into our common future, the image of the university and its financial stability.26 of 100 SignaturesCreated by Vartan Ahrens
- Divest Somerset County Council Pension Fund from fossil fuelsSomerset - on the front line of climate change. Climate Change has caused, and is predicted to cause, a much greater risk of flooding and extreme weather. After the devastating floods of the Somerset Levels in 2013 Somerset County Council saw the terrible impact of climate change first hand. The Council recognises the potential impacts of climate change yet its pension fund invests £121,505,000 in the very fossil fuel companies that are causing climate change ! Yes, 8.3% of the fund, the 10th highest % in the UK, invested in the problem ! We can't afford to burn 80% of the world’s coal, oil and gas reserves if we want to keep climate change below the 2oC 'tipping point'. As governments begin to regulate more closely (as we hope they will do more in Paris in December), policy changes and oversupply of crude oil globally will see the value of fossil fuels plummet, reserves will become 'stranded assets' and the share price will drop. This makes investing in fossil fuels increasingly risky for all stakeholders. Financial experts, including the Bank of England, Goldman Sachs, Standard and Poor's and AXA, have warned of the economic risk that climate change policies pose to fossil fuel companies. Somerset County Council needs to be ahead of the curve to safeguard the future pensions of all its shareholders. Somerset County Council recognises that it must do whatever it can to tackle climate change and it has a responsibility to divest from an industry that jeopardises the future of our planet. Yet the short term financial gain that the Pension Fund Committee hopes to achieve comes at the risk of financial loss and a cost to people and planet. We hope Somerset County County Council pension trustees are aware of September’s UNEP Finance Initiative Report, Fiduciary Duty in the 21st Century – which concludes that: "Failing to consider long-term investment value drivers, which include environmental, social and governance issues, in investment practice is a failure of fiduciary duty.” Instead of fossil fuel investment, SCC Pension Fund Committee should invest in solutions to climate change, investments that protect pensions and planet, joining The British Medical Association, Bristol City Council and Oxford City Council who have all recently agreed to make the commitment to no direct investment in the fossil fuel industry. Globally Somerset County Council would join over 400 institutions and 2000 individuals with an asset base of $2.6 trillion who are already divesting across the world. We note the Government’s current October proposals to ban Council divestment unless from an approved government list and we hope that the Committee has the courage to take action before the government dictates what investments should be made. --ENDS-- Please sign the petition and encourage others to do so. (1) http://math.350.org/ 350.org has revealed how much every UK council invests in fossil fuels. Petition from Cllr Shane Collins, Leader of the Green Group on Mendip Council, East Mendip Green Party, South Somerset Green Party.1,057 of 2,000 SignaturesCreated by Cllr Shane Collins
- School of Visual Arts: Go Fossil Free!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 $50bn 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. As public pressure to confront climate change builds, we call on School of Visual Arts to immediately freeze any new investment in fossil-fuel companies, and to divest within five years from direct ownership and from any commingled funds that include fossil-fuel public equities and corporate bonds. We believe such action on behalf of School of Visual Arts will not only be a sound decision for our institution's financial portfolio, but also for the wellbeing of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.10 of 100 SignaturesCreated by John Choo
- Lets Make Sure Plymouth Uni NEVER invest in Fossil FuelsAt the People and Planet society here at Plymouth University, we believe that our educational institution should be consistent throughout their policies. At the moment, there is no policy in place which stops our University investing in Fossil Fuels. We want this to change. Even though there are no investments at the moment, doesn't mean they won't in the future, and as the top of People and Planet's Green League Table 2015, we don't want them too. Plymouth University has since dropped to 12th place. As students we are investing our time and money into our education, so why shouldn't our institute of learning promise never to invest in Fossil Fuels, and invest in our future instead?577 of 600 SignaturesCreated by Paisley Turner