Nearby Petitions

Cities & States

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  Washington DC: Divest from fossil fuel investments

  There's a new movement of individuals, colleges, religious institutions, companies, and cities divesting from -- taking their money out of -- fossil fuel stocks, bonds and other investments. Investing in oil and coal companies was once a safe bet -- and an accepted part of most American's investment portfolios and retirement funds. But with the immense threat of climate change and a range of new, cost-competitive energy options available, investing in oil, natural gas, and coal is not only financially risky -- it's unethical. Washington, DC is a national leader in a larger sustainable city movement. In 2011, under the leadership of Mayor Vincent Gray, city agencies organized the Sustainable DC initiative, crowdsourcing a plan to make DC "the healthiest, greenest, and most livable city in the United States." And in March 2013, the DC government -- already a leading national consumer of green energy -- signed a contract to use wind power for 100 percent of its electricity needs. In short, it's safe to say DC gets it. They just need support and guidance to take this next step. The time for a renewable energy transformation is now. Climate scientists say that carbon emissions need to level off by 2016 and decline thereafter to avoid the most catastrophic effects of climate change (not even bad the ones, which most experts expect). Washington DC, a green city leader, "capital of the free world," and a likely victim sea-level rise, has every reason to lead the country and the world by withdrawing its investments from the companies that are heating the Earth, causing increasing extreme weather and flooding. The fossil fuel lobbyists have made it clear they're not leaving willingly. If the federal government won't turn off the tap of fossil fuel subsidies that fuel more and more extreme weather, cities can and need to take their investments out of fossil fuels -- perhaps giving the White House and Congress the courage they need to do the right thing for Americans, present and future. I love this city. Let's give the Mayor and City Council the support they need to divest DC's investments from fossil fuels.

  125 of 200 Signatures

  Created by Matt Grason
• Divest Atlanta From Fossil Fuels

  As we respond to Climate Change, some companies will adapt and prosper. Other companies, whose business model is at odds with stabilizing and reducing carbon emissions represent latent weakness in their business model. These businesses will no longer be wise investments, and a fiduciary duty to City investment funds will increasingly require less investment in these companies, rather than more. Companies heavily invested in fossil fuels will have a structural problem adapting to a Carbon Constrained World. Why? Because they count as part of their company wealth the underground oil, gas and coal deposits which, if released into the atmosphere, will cause greater and greater climate change. The sooner the City divests from these companies, the better.

  233 of 300 Signatures

  Created by Sam Collier
• Divest Worcester, MA From Fossil Fuels

  We have a responsibility as stewards of our natural resources to protect them and preserve them for our future generations. Up until this generation we weren't aware of the harm we were visiting on the ecological environs. Now that we know, it's time to correct our adverse impact and pursue with fervor alternative energy sources that work with nature, not against nature and mankind.

  44 of 100 Signatures

  Created by E St. John
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