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Urge Auckland Council to Divest from Fossil Fuels!Climate change is happening now, driven by the extraction and burning of fossil fuels. Heatwaves are becoming more frequent and more severe, with temperatures in Pakistan reaching 49°C earlier this year, resulting in the loss of over 2000 lives. Extreme monsoons have delivered more than three times normal rainfall to parts of India causing loss of life and livelihood for thousands and acidified oceans are killing coral reefs and putting pressure on fish stocks worldwide. The fossil fuel industry has enough coal, oil and gas in their reserves to breach the IPPC’s agreed-upon 2°C limit 5 times over. It’s time for our council to end their support of the fossil fuel extraction industry. The city of Auckland stands to lose a lot in the face of climate change: Much of Auckland’s CBD and coastline risks being swallowed up by rising seas. Wine-grape and kiwifruit growing around Auckland will be history and the frequency of “one in twenty year” rainfall events could quadruple - putting a great strain on our storm water infrastructure. We urge the Auckland council to show solidarity to Auckland businesses and the community by taking their money out of fossil fuels.2,119 of 3,000 SignaturesCreated by Carl Naus
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Bouw perrontrappen aan de Moreelsebrug!De perrontrappen zijn onderdeel van het oorspronkelijke ontwerp van de Moreelsebrug, die daarmee veel functioneler zou worden. Aanleg van de trappen wordt echter tegengehouden door een agressieve lobby van het Franse bedrijf Klépierre - eigenaar van Hoog Catharijne. Voetgangers kunnen zo uitsluitend via het winkelcentrum het nieuwe station bereiken. Inderdaad, een absurde situatie! Wij vragen de gemeente Utrecht om de belangen van de eigen inwoners en alle mensen die met de trein onze stad willen bezoeken (onze gasten!) zwaarder te laten wegen dan die van de lobby van Hoog Catharijne. Wij vragen onze gemeente om onvoorwaardelijk te investeren in vrije toegang voor schone en duurzame mobiliteit – voetgangers en fietsers vrij toegang te verlenen tot Utrecht CS en nog in 2017 perrontrappen te bouwen aan de Moreelsebrug! Achtergrond petitie - Utrecht Fossielvrij: Sinds 2017 rijdt de NS op volledig duurzaam geproduceerde elektriciteit. Vrije toegang van voetgangers en fietsers naar de trein vormt daarmee een kleine, maar belangrijke stap op weg naar 100% schone mobiliteit, onafhankelijk van fossiele brandstoffen als kolen, olie en gas. Zo levert Utrecht een bijdrage aan de noodzakelijke strijd tegen klimaatverandering en verbeteren we de slechte luchtkwaliteit in onze door veel te drukke snelwegen omgeven stad. Wil je meer doen? Sluit je ook aan bij Utrecht Fossielvrij - en help mee om van Utrecht een schone, toekomstbestendige stad en provincie te maken! Hier kun je aansluiten: https://www.facebook.com/UtrechtFossielvrij/12,274 of 15,000 SignaturesCreated by Koen Helwegen
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Divest Hackney Council from fossil fuelsClimate change is the greatest challenge humanity has encountered. Warming in excess of 2°C will have catastrophic consequences [1]. In order to have a chance of staying below this maximum upper limit of warming 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. Hackney Council's pension fund currently has £42m invested in fossil fuel companies such as ExxonMobil and Shell [4]. This is at odds with the council's stated commitment to reduce the borough's contribution to climate change and to reduce its emissions by 80% by 2050. Hackney Council exists to serve the people of the borough, and it must therefore acknowledge the significant risks that fossil fuel investments pose to local residents' financial security and future quality of life. Hackney Council should take a moral, political and economic stand by divesting our money from fossil fuel companies and choosing investments 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 Hackney wish to support an alternative, sustainable energy future. Recent financial studies have shown that divestment from fossil fuels may have a small positive effect on investment portfolios in the short term [5]. Moreover, in the long term these fossil fuel investments will become 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. It is illogical to allow pension funds to endanger those whose futures they seek to protect. By divesting from fossil fuels, Hackney Council will join public institutions such as the British Medical Association, Glasgow University, Stanford University, Oxford City Council, Bristol City Council, Oslo, amongst many others, in leading by example to help create a sustainable future for the citizens of Hackney and beyond [6]. References [1]http://bit.ly/1wqelqp [2]http://bit.ly/1s9QgyC [3]http://bit.ly/1r2Y2Qb [4]http://bit.ly/1DUM1l5 [5]http://bit.ly/13D9fwr [6]http://bit.ly/12xCgZg2,426 of 3,000 SignaturesCreated by David Clarke
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Divest New York City from Fossil Fuels!Hurricane Sandy decimated the New York City area, causing $65 billion in damage, causing power outages, destroying homes and leaving a path of wreckage from the Rockaways to Riverside Park. It's time for NYC to stop investing our pension funds in oil, gas and coal, and go fossil free! We know that Sandy was fueled in part by Atlantic waters that were 5 degrees warmer than average, a result of human-induced climate change. Our city government is taking steps to make our city an example of low-carbon urban living, from painting bike lanes to mandating energy retrofits -- and much much more must be done. And yet, New York City's pension funds for city employees, teachers, police, firemen and school employees are all invested in coal, oil and gas companies that dump carbon into the atmosphere for free, and rig the political system so that they can continue to do so. If it is wrong to wreck the climate, then it is wrong to profit from that wreckage. After Hurricane Sandy, New York City should be a shining light in the fight to combat climate change -- to do that, it's pension funds must divest from fossil fuels. A report from the Carbon Tracker Initiative has claimed that the world can only burn 800 more gigatonnes of carbon equivalent and stay under the two degree Celsius limit. A recent analysis of the world's current fossil fuel reserves, drawing on research by Oil Change International, has shown that if the world were to burn all current fossil fuel resources, then it would burn 982 gigatonnes of carbon equivalent. This means that we can no longer develop and build fossil fuel infrastructure; the age of fossil fuels must end immediately, if we have any hope of staying under two degrees Celsius. Our pension funds must follow suit and knowing that there can be no world in which the fossil fuel companies persist, we call upon New York City Comptroller Scott Stringer to commit to immediately freeze all investments in fossil fuel companies and divest the pension funds from these companies within five years. Read more about the need to divest and end all fossil fuel infrastructure here https://newrepublic.com/article/136987/recalculating-climate-math Over 3000 people from New York City have signed petitions calling upon Comptroller Stringer to divest the New York City pension funds from all fossil fuel holdings. To get involved in the campaign, go to 350nyc.org4,357 of 5,000 SignaturesCreated by Nathan Schumer
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Divest the City of Los Angeles from Fossil Fuels!Today, March 22, 2013, Mayor Villagrossa is announcing that the City of Los Angeles will not receive any of its electrical power from coal by the year 2025. That is good news, but it alone is not a significant enough step to avoid the worsening climate catastrophe. From the acidization of the seas, to the recent droughts in the midwest, to super storms such as Sandy, to the streak of 336th consecutive months that global temperatures have risen above 20th century averages, our civilization is in peril and we must act, now! There is a movement, spearheaded by gofossilfree.org, on over 300 college and university campuses across the nation calling for fossil fuel divestment. Four schools have already commited to divest and more are sure to soon follow suit. Yet students cannot be the only ones leading the fight for a just and sustainable future, our local governments must join the phalanx confronting our would be destroyers, the fossil fuel corporations such as Exxon-Mobil, British Petrolium, and Shell. Our governments must recognize them as the most abhorrent villans in the ongoing tragedy of the commons. The City of Los Angeles must not profit from the devastation of its citizens, currently enduring ailments from cancer and asthma. The City of Los Angeles must divest its holdings from the 200 companies listed in the Carbon Tracker report "Unburnable Carbon." Divestment in Los Angeles is not without precedent. The boards of our public pension plans have addressed divestment from South African securities, tobacco stock, and the securities of firms conducting business in Sudan and Iran. The boards adopted a Sudan policy in March of 2007, a policy addressing social, political and human rights issues in May of 2007, and and Iran policy in April 2010. They are currently considering a divestment from firearms related securities. The suffering to human health and well-being caused by fossil fuel companies is in no way less noxious than the crimes of the entities from which Los Angeles has previously divested. Additionally, the divestment from fossil fuel stock is in accord with stated fiduciary duties and applies a "costlessness" standard. The bottom line is this: divestment is the only moral choice for governments that care about their citizens. Solving the climate crisis is the only practical choice for governments that care about their solvency. It's time to divest from fossil fuels now!564 of 600 SignaturesCreated by Peter Nichols
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Divest Bexley Council from fossil fuelsBexley Council's huge investments in fossil fuels (coal, oil and gas) are a matter of financial and ethical concern for everyone living in the borough of Bexley. Bexley Pension Fund is responsible for the incomes of Bexley pensioners and invests around £30m in fossil fuel companies including Glencore, Suncor and Tullow Oil. There is strong evidence that these investments in fossil fuel companies are highly risky in the short and long term. And in the event of their investments falling in value, the shortfall has to be paid for by council taxpayers. At the same time these fossil fuel investments are a direct contributor to damaging man-made climate change. This is of particular relevance to Bexley residents as the area will be severely affected by future flooding caused by climate change - a risk acknowledged by Bexley Council itself. This pointless gamble with our future is due to an unwillingness of the council's financial advisers, including UBS, to stray beyond the herdlike 'business as usual' thinking that led to the 2008 financial crash. It therefore makes financial and ethical sense to stop investing in these companies. We are concerned residents calling on Bexley Council to show leadership and commit to divesting from fossil fuels joining public institutions including Haringey Council, British Medical Association, Stanford University, Oxford City Council and Bristol City Council.80 of 100 SignaturesCreated by Samuel Martin
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Essen Raus Aus RWE - BürgerbriefAls Teil einer weltweiten Bewegung setzen wir uns dafür ein, dass Essen jetzt beginnt, klimaschädliche Investitionen zu beenden und klimaneutral zu werden. Mehr Information zur Fossil-Free-Bewegung: http://gofossilfree.org/de/909 of 1,000 SignaturesCreated by Andreas Brinck
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Divest the London Pension Fund from Fossil FuelsSadiq 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/1z8u53U2,270 of 3,000 SignaturesCreated by Divest London
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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 after the Paris COP agreement, cheaper renewables 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. Time is running out to stop runaway climate change, (2) it make no moral or economic sense to invest in fossil fuels. The time to change was 30 years ago but massive divestment now is a key part in getting to zero emissions by 2030 and having a chance. 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. (2) Kevin Anderson https://www.science.su.se/english/about-us/calendar/the-gordon-goodman-memorial-lecture-2017-kevin-anderson-1.3414761,135 of 2,000 SignaturesCreated by Cllr Shane Collins
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Köln: Raus aus RWE!zu 1) RWE-Aktien Umwelt und Gesundheit: Die RWE AG hält weiterhin an klimaschädlichen Kohlekraftwerken fest und plant sogar den Bau eines neuen Kohlekraftwerke vor den Toren Kölns! [1] Das rheinische Braunkohlerevier ist der größte CO2-Emittent in Europa [2]. Insgesamt stößt RWE 150,8 Mio. Tonnen CO2 pro Jahr aus. [3] Die Emissionen der Kohleverstromung durch RWE verursachen Gesundheits- und Klimafolgekosten in Höhe von 13,3 Milliarden €/Jahr laut Zahlen des Umweltbundesamtes. [4] Die Kohlekraftwerke von RWE stoßen große Mengen an Schadstoffen wie Feinstaub, Schwermetalle und Quecksilber aus. Laut einer Greenpeace-Studie ist RWE damit statistisch verantwortlich für 10.266 verlorene Lebensjahre bzw. 959 vorzeitige Todesfälle pro Jahr. [5] Auch heute noch werden Menschen zwangsumgesiedelt und Dörfer, Wälder sowie Landschaften werden zerstört, weil sie den Braunkohletagebauen von RWE weichen müssen. Finanzen: An den RWE-Aktien festzuhalten ist ökonomisch nicht sinnvoll. Der Wert der Aktie ist seit 2008 um 90% (!) gefallen. Dies bedeutet für die Kommunen in NRW einen Verlust in Milliardenhöhe. [6] Die RWE AG schüttet in diesem Jahr erstmalig keine Dividende aus, wodurch Löcher in die Haushalte der Kommunen gerissen werden, in denen die Dividende fest eingeplant war. [7] Die RWE AG ist mit 25 Milliarden Euro hoch verschuldet. Dadurch besteht ein erhebliches Insolvenzrisiko. Im Falle einer Insovenz würde die Stadt Köln weitere 16,5 Millionen Euro verlieren (ca. 1,5 Mio. RWE-Aktien, aktueller Kurs der RWE-Aktie ca. 11€ - Stand: 8.3.2016). [8] In den letzten 15 Jahren hat sich die Bewertung der RWE-Aktie durch die Rating-Agenturen Standard & Poor's und Moddy's nicht verbessert, sondern nur verschlechtert. Aktuell werden die RWE-Aktie bei Moody's auf Ba1 eingestuft: „Spekulative Anlage. Bei Verschlechterung der Lage ist mit Ausfällen zu rechnen.“ [9] Um die Energiewende zu verwirklichen und dem Klimawandel Einhalt zu gebieten, fordert der Weltklimarat (IPCC) Investitionen aus der fossilen Industrie abzuziehen und in Erneuerbare Energien zu investieren. [10] Zu 2) Pensionsfond An den Wertpapieren der fossilen Industrie im Pensionsfond der Stadt Köln festzuhalten ist ökonomisch nicht sinnvoll. Die fossile Industrie wird mittelfristig in finanzielle Schwierigkeiten geraten, weil 80% der fossilen Energiereserven (Kohle, Öl, Gas) im Boden bleiben müssen, um das 2-Grad-Ziel von Paris zu erreichen. [11] Damit wird ihre Existenzgrundlage in absehbarer Zeit wegfallen. Die Kohle-, Öl- und Gas-Unternehmen haben jedoch 100% der fossilen Energiereserven als Vermögenswerte in ihren Bilanzen verbucht und diese somit künstlich aufgebläht. Diese sogenannte 'Kohlenstoffblase' (Carbon Bubble) droht zu platzen und kann, wie verschiedene Finanzanalysen zeigen, zu einem Kollaps des Finanzsystems führen. [12] Es macht daher keinen Sinn, in dem langfristig angelegten Pensionsfond der Stadt Köln derart risikoreiche Wertpapiere zu halten. Diese Petition wird unterstützt von: Greenpeace Köln, Fossil Free Köln Quellen: [1] Brief von Herrn Hartung (RWE) an Greenpeace, 09.03.2016 [2] Emissionsregister des Umweltbundesamtes http://www.thru.de [3] RWE Geschäftsbericht 2015, S. 46, http://www.rwe.com/web/cms/mediablob/de/2974770/data/2974864/8/rwe/investor-relations/RWE-Geschaeftsbericht-2015.pdf [4] Strommengen aus RWE Geschäftsbericht 2015, Seite 45: http://www.rwe.com/web/cms/mediablob/de/2974770/data/2974864/8/rwe/investor-relations/RWE-Geschaeftsbericht-2015.pdf Kosten aus Greenpeace Studie "Was Strom wirklich kostet" Seite 23 und 25. --> Eigene Berechnung: Braunkohlestrom: 77,8 TWh x 11,5 ct/kWh = 8,95 Milliarden €. Steinkohlestrom: 46,5 TWh x 9,5 ct/kWh = 4,42 Millarden €. externe Kosten durch die Kohleverstromung: 8,95 Mrd. € + 4,42 Mrd. € = 13,4 Milliarden € https://www.greenpeace-energy.de/fileadmin/docs/publikationen/Studien/Greenpeace_Energy_Was_Strom_wirklich_kostet_Langfassung2015.pdf [5] Studie Greenpeace „Tod aus dem Schlot“, Seite 13 https://www.greenpeace.de/sites/www.greenpeace.de/files/publications/greenpeace-studie-tod-aus-dem-schlot-s01652.pdf [6] RWE-Aktienkurs http://www.finanzen.net/aktien/rwe-Aktie [7] Artikel zur RWE-Dividende in „Die Welt“ http://www.welt.de/wirtschaft/energie/article152345205/Warum-der-RWE-Schock-Millionen-Menschen-trifft.html [8] RWE-Aktienkurs http://www.finanzen.net/aktien/rwe-Aktie [9] Artikel in der Süddeutschen Zeit vom 13.04.2014 http://www.sueddeutsche.de/wissen/kampf-gegen-den-klimawandel-klimarat-fordert-neues-wirtschaftssystem-1.1936571 [10] Rating der RWE-Aktie von August und Oktober 2015, http://www.rwe.com/web/cms/de/1775774/rwe/investor-relations/anleihen/kreditrating/ [11] Studie des Weltklimarates (IPCC) http://www.ipcc.ch/report/ar5/wg3/ [12] Artikel zum Finanzrisiko Kohlenstoffblase in der „Zeit“ und "Die Welt": http://www.zeit.de/2014/08/carbon-bubble-rohstoff-blase http://www.welt.de/finanzen/geldanlage/article142272549/Wie-die-Energiewende-globale-Geldfluesse-umleitet.html668 of 800 SignaturesCreated by Markus Schmidt