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• Ealing fossil fuel divestment campaign

  The London Borough of Ealing has money invested in the fossil fuel industry. Fossil fuel contributes to carbon dioxide (CO2) in the atmosphere. Scientists say we must reduce this amount of carbon dioxide in order for the planet to be able to continue to support life and civilisation as we know it. The planet is already one degree warmer and glaciers are disappearing, threatening the main source of clean water for millions of people. Sea levels are rising which means some islands are disappearing. Habitats are changing and wildlife and the livelihoods of many communities are at risk. Extreme weather is becoming more common. It's deeply worrying but we can take action. Stopping fossil fuel investment is an important part of tackling global warming and we would like London Borough of Ealing's ties with the fossil fuel industry to be cut.

  122 of 200 Signatures

  Created by KIrstie McLachlan
• Royal Holloway University of London Fossil Fuel Divestment

  It will prove that Royal Holloway is a leading educational institution, dedicated to its mission of 'agenda-setting research, which is addressing some of the world’s biggest cultural, social, scientific and economic challenges in innovative and impactful ways and distinctive range of programmes that are relevant to lifelong employment needs combine to provide real value for students, both while they are studying and in the opportunities that their Royal Holloway degree will bring them now and throughout their lives.' 200 publicly-traded fossil fuel companies hold the vast majority of the world’s proven coal, oil and gas reserves. Those are the companies we are asking Royal Holloway to break their links with These companies hold five times more carbon in their fossil fuel reserves than we can safely afford to burn to stop runaway climate change. Fossil fuel companies cause huge environmental and human devastation in the process of extracting and burning fossil fuels. Withdrawing Royal Holloway’s financial and moral backing for this climate-wrecking industry is crucial to tackling climate change.

  269 of 300 Signatures

  Created by Nik Wakefield
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  Divest New York State & Local Retirement Funds from Fossil Fuels

  As of July 2014, over 12,500 people from New York State have signed petitions calling upon Comptroller DiNapoli to divest the NYS Common Retirement Fund from all fossil fuel holdings. Over the past 5 years, diverse NYS citizens and stakeholders have expressed strong, informed opposition to hydro-fracking. Hydro-fracking is a form of extreme energy production which causes significant, irreversible harm. Simultaneously, citizens and stakeholders have called for rapid, full investment in and transition to truly green, renewable energy sources. We are extremely concerned about climate disruption (which is already negatively impacting NYS) and the future of all species on this fragile planet. The NYS Comptroller is responsible for administering the New York State and Local Retirement System (the Common Retirement Fund) for public employees. This System has more than one million members, retirees and beneficiaries and more than 3,000 employers; The NYS Comptroller acts as the sole trustee of the $164 billion Common Retirement Fund. NYS is one of the largest institutional investors in the world. "The State Comptroller is responsible for ensuring that the taxpayers’ money is being used effectively and efficiently to promote the common good." We formally request that no tax dollars held within the Comptroller's Office promote climate disruption, environmental degradation and suffering. We request that our tax dollars directly "promote the common good." We applaud the Comptroller for the Green Strategic Investment Program which invested $500 million over 3 years in clean technology and green energy. We ask for complete, rapid divestment from all fossil fuels. Divesting now, will immediately bring positive change.

  1,000 of 2,000 Signatures

  Created by Stacey Smith
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  DIVEST CARDIFF AND VALE OF GLAMORGAN PENSION FUND FROM FOSSIL FUEL INVESTMENTS

  Climate change is the greatest challenge humanity has encountered, not just environmentally but also economically, morally and socially. In order to avoid the catastrophic consequences of climate change, global warming must not exceed 2°C which means 80% of known fossil fuel reserves must not be used. Recent research, instigated by the Carbon Tracker foundation, asserts that there are five times more fossil-fuel reserves than can be burnt if internationally agreed carbon emissions targets are to be met. Fossil fuel equities also pose significant financial risks. As governments control carbon emissions to meet these targets a large proportion of fossil fuel reserves which companies expect to extract will become stranded assets: a “carbon bubble”. Funds which are exposed to fossil fuel equities when this bubble bursts can expect to suffer considerable losses. The Governor of the Bank of England, Mark Carney has recently expressed concerns over climate risk, stating that the “vast majority of reserves are unburnable” if global temperature rises are to be limited to below 2C (http://www.theguardian.com/environment/2014/oct/13/mark-carney-fossil-fuel-reserves-burned-carbon-bubble) Institutions around the world including local government, universities and churches are pulling out of fossil fuels investments and moving towards a cleaner energy future. By divesting from fossil fuels, the Cardiff & Vale of Glamorgan Pension Fund 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 it's citizens. In support of this movement we ask you to sign and share our petition. Thank you for your support

  101 of 200 Signatures

  Created by Ellen Gibson
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  Divest Hackney Council from fossil fuels

  Climate 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/12xCgZg

  2,090 of 3,000 Signatures

  Created by David Clarke
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  Divest Enfield Council from fossil fuels

  Fossil fuels will soon become obsolete. They are a fuel source that is no longer wanted, as a recognised danger to the health of humans, wildlife, and the planet. They are also a fuel source that is no longer needed, as so many cheap and abundant renewable fuel sources wait to be harnessed. The shift to clean energy is inevitable. In November 2016 the Paris Agreement was ratified: "Recognizing the need for an effective and progressive response to the urgent threat of climate change on the basis of the best available scientific knowledge." However, in November 2017, Fossil Free UK revealed that councils across the UK were investing more than £16billion in the fossil fuel industry. The London Borough of Enfield Pension Fund has itself invested more than £60million in such companies, representing 5.6% of its £1billion total investments. Given the damage that fossil fuels have already caused to our environment, and the growing threat of man-made climate change as a danger both to us and to future generations, fossil fuels represent an unethical investment. But there is also strong evidence that such financial investments are highly risky. Coal use in the UK has fallen by 74% over the past decade, and the government has pledged that all coal-fired power stations will close by 2025. Other fossil fuels such as oil and gas face sharp declines in future, as renewable sources overtake them. The Divest Movement seeks to persuade public institutions that ditching investments in fossil fuel companies is the right decision to make on both a moral and financial basis. Over the border from Enfield, Waltham Forest Council recently became the first UK local authority to fully commit to divest from fossil fuels. If Enfield Council did the same, it too could become a leader in the global shift to a fossil free future.

  135 of 200 Signatures

  Created by James Cracknell
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  Keine öffentlichen Investitionen in fossile Brennstoffe: 38855 Wernigerode - Die bunte Stadt am Harz

  Sehr geehrter Oberbürgermeister Peter Gaffert Sehr geehrte Mitglieder des Gemeinderats, Die Stadt Wernigerode hat schon in der Vergangenheit besonderes Engagement im Klimaschutz gezeigt. Nun hat die Stadt Wernigerode wieder die Möglichkeit eine Vorreiterrolle im Klimaschutz einzunehmen. Zum Hintergrund: Der neuste, bindende Beschluß der Klimakonferenz in Paris und die Berichte des Weltklimarats sprechen eine deutliche Sprache. Wenn wir den Klimawandel auf unter 2º Celsius begrenzen wollen, darf der Großteil der fossilen Energiereserven wie Kohle, Öl und Gas nicht verbrannt werden. Alles andere würde eine Destabilisierung des Klimas mit katastrophalen Folgen für Mensch und Natur nach sich ziehen. Laut Weltklimarat, müssen Investitionen in fossile Energieträger jährlich um $30 Milliarden reduziert werden, während Investitionen in kohlenstoffarme Energiegewinnung um $147 Milliarden steigen müssen. Außerdem ist damit zu rechnen, dass Unternehmen im fossilen Sektor in den kommenden Jahren stark an Wert verlieren werden, weil sie ihre Rohstoffvorkommen nicht mehr fördern und verkaufen können. Die Finanzwelt spricht von einer Kohlenstoffblase, die kurz davor ist zu platzen. Damit stellen Investitionen in fossile Energien ein hohes finanzielles Risiko dar. Die jüngsten Verluste von RWE und Eon verdeutlichen bereits heute, dass das Geschäftsmodell des fossilen Sektors nicht zukunftsfähig ist. Studien der Internationalen Energieagentur, der Universität Oxford sowie verschiedener Großbanken wie HSBC oder Citi warnen vor Investitionen in diesem Sektor. Überall auf der Welt beginnen daher Städte, Gemeinden, Kirchen, Universitäten, Stiftungen und andere Institutionen ihre Investments aus den 200 größten Kohle-, Erdöl- und Erdgasunternehmen abzuziehen. Ein solches Divestment erreicht zweierlei: Einerseits schützt es vor den Gefahren zukünftiger Wertverluste und sichert so nachhaltig die finanzielle Stabilität Ihrer Stadt. Andererseits entzieht es klimaschädlichen Unternehmen die gesellschaftliche Zustimmung und trägt so zu Wandel bei, der aufgrund der Klimakrise notwendig geworden ist. In den Vereinigten Staaten haben bereits 25 Städte verbindlich beschlossen ihre Anteile an Unternehmen des fossilen Sektors zu verkaufen. Darunter sind Großstädte wie San Francisco oder Seattle. Dagegen steht die Bewegung in Europa noch am Anfang. In den Niederlanden hat sich die Stadt Boxtel Ende 2013 als erste europäische Stadt verbindlich Divestment verschrieben. Wernigerode kann nun in Deutschland diese Vorreiterrolle einnehmen und zeigen, dass eine nachhaltige Finanzpolitik mit Rücksicht auf Natur und zukünftige Generationen möglich ist. Die globale Klimakampagne 350.org arbeitet mit Städten, Universitäten, Kirchen und anderen Institutionen in Europa, USA, Australien, Neuseeland, Kanada und Afrika zusammen, um gemeinsam gegen den Klimawandel und für eine lebenswerte Zukunft einzutreten. Ich hoffe, dass Sie Schritte einleiten, um: Keine neuen Investitionen in fossile Brennstoffe mehr zu tätigen Eigene Anteile an direkten und indirekten Investments innerhalb der nächsten 5 Jahre abzustoßen. Dazu gehören Aktien, Mischfonds, Unternehmensanleihen und sonstiges Kapital das Erdöl-, Erdgas- und Kohleunternehmen beinhaltet. Ich freue mich auf die Zusammenarbeit mit Ihnen und stehe Ihnen für Rückfragen zur Verfügung. Mit freundlichen Grüßen, Mathias Hartinger Quellenangaben 1. Intergovernmental Panel on Climate Change (IPCC) http://www.ipcc.ch/report/ar5/wg3/ 2. Artikel zum Finanzrisiko Kohlenstoffblase in der Zeit: http://www.zeit.de/2014/08/carbon-bubble-rohstoff-blase 3. Internationale Energieagentur. World Energy Outlook 2012: http://www.iea.org/publications/freepublications/publication/German.pdf 4. Smith School of Enterprise and Environment, Oxford. Stranded Assets Programme http://www.smithschool.ox.ac.uk/research/stranded-assets/ 5. HSBC, Coal and Carbon - Stranded assets: Assessing the risks https://www.research.hsbc.com/midas/Res/RDV?p=pdf&key=dXwE9bC8qs&n=333473.PDF 6. http://www.theguardian.com/environment/2013/apr/19/carbon-bubble-financial-crash-crisis 7. Liste der Top 200 Kohle-, Erdöl-, Erdgasunternehmen weltweit: https://docs.google.com/a/350.org/spreadsheets/d/1an9qOSE2uG4XuzeA4ltUVadDawheTWdJGKRpU5ayCJk/pubhtml 8. Eine Liste der Städte, Universitäten, Kirchen und anderer Institutionen die sich Divestment verschrieben haben: http://gofossilfree.org/commitments/

  19 of 100 Signatures

  Created by Mathias Hartinger
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  Kein Geld für Kohle, Öl und Gas - Erzbistum Freiburg soll Fossil Free werden

  Kohle-, Öl- und Gasunternehmen treiben die Klimakrise weiter voran und behindern seit Jahrzehnten Klimaschutzmaßnahmen. Es ist Zeit, dass unsere Institutionen Stellung beziehen und ihre Gelder aus fossilen Brennstoffen abziehen. Wir dürfen kaum noch fossile Brennstoffe verbrennen, damit sich die Erde, wie von den Regierungen im Pariser Klimaschutzabkommen vereinbart, nicht um mehr als 1,5 °C erwärmt. Wenn die derzeit bestehenden Kohle-, Öl- und Gasprojekte nicht frühzeitig beendet werden, werden die Temperaturen weltweit aufgrund der Emissionen um über 2 °C ansteigen. Das bedeutet, dass es keine neuen fossilen Brennstoffprojekte mehr geben darf und wir laufende Projekte stoppen müssen. Hunderte Glaubensgemeinschaften, Konfessionen und religiöse Einrichtungen weltweit engagieren sich im Bereich Klimaschutz und viele gehen Divestment-Verpflichtungen ein. Auch in Deutschland wird es Zeit, dass die Kirchen ihr Geld aus Firmen abziehen, die ihren Umsatz mit der Förderung fossiler Energieträger machen. Dass Kohle, Öl und Gas ersetzt werden müssen, sagt auch Papst Franziskus: „Wir wissen, dass die Technologie, die auf den sehr umweltschädlichen fossilen Brennstoffen – vor allem von Kohle, aber auch von Erdöl und…Gas – basiert, fortschreitend und unverzüglich ersetzt werden muss” (Papst Franziskus, Laudato Si, 165) Institutionen, die weiterhin in fossile Brennstoffe investieren, setzen öffentliche Gelder einem enormen finanziellen Risiko aus und unterstützen eine Branche, die aktiv Klimaschutzmaßnahmen behindert. Sie sollten stattdessen lieber den Ausstieg aus fossilen Brennstoffen unterstützen und in Technologien investieren, die eine emissionsfreie Energieversorgung ermöglichen.

  773 of 800 Signatures

  Created by Tamara Nausner
• A CALL TO DIVEST AVON PENSION FUND FROM FOSSIL FUELS

  There is strong evidence (1) that the impact on climate change of burning even the known reserves of fossil fuels will create an unsustainable environment for the generations to come, and untold suffering to countless living beings. This fact will impact negatively on the value of investments in the industries concerned with fossil fuel extraction. Using just the fossil fuel reserves listed on the world’s stock markets would be enough to take us beyond 2°C of global warming (2). This means that more than 80 per cent of the world's known coal reserves, 30 per cent of known oil and 50 per cent of gas reserves need to stay in the ground and drilling in the Arctic is out of the question if we're to stay below two degrees. Recent drops in the oil price add to the uncertainty surrounding fossil fuels and the financial viability of some extractions presenting opportunities to lessen our dependency on fossil fuels (3). In defiance of mainstream research evidence and international policy (4), fossil fuel companies continue to extract and burn as much carbon as possible to maximise their profits. Despite the very high probability of planetary disaster they show no intention of switching away from their core business model. Our local council has a responsibility to divest from an industry that’s destroying the very future for ourselves and for our children that personal investment in a pension seeks to enhance. Instead it should reinvest in solutions to climate change. We won’t see any political progress on climate change until we can weaken the power of the fossil fuel industry. Divestment for fossil fuel investments would also minimise the council's exposure to the financial risk of the 'carbon bubble', whereby shareholders risk being left with stranded assets (worthless fuel stocks that regulation will prevent from being burned). It is a paradox that pension funds providing income for the future should at the same time be investing in the fossil fuel industry which if left to its own devices will exploit more of the fossil fuel reserves than we can safely use! Institutions around the world including local government, universities and churches are pulling out of fossil fuel investments and moving towards a clean energy future (5) It's time to divest from fossil fuels and reinvest in clean energy now for inescapable moral and economic reasons. Bristol City Council have recently agreed to make a commitment to no direct investments in the fossil fuel industry and globally over 30 cities and municipalities have already committed to divestment. At present Bristol City Council’s funds are not directly linked to the fossil fuel industry. However, the Avon Pension Fund does have significant fossil fuel investments and so Bristol City Council would need to work with adjoining councils within the Avon Pension Fund to freeze and withdraw those investments. Shareholders (including pension funds) have started to challenge Exxon, Shell and BP to show how their business model is compatible with a 2 degree temperature rise (6). Some argue that engaging with fossil fuel companies is a more effective tactic than divestment. But Jonathon Porritt, one of the UK’s most esteemed environmentalists who spent years working on sustainability projects with BP and Shell, earlier this year said engagement was now futile because “hydrocarbon supremacists” at the companies had successfully ousted reformers wanting to diversify into green energy. Divestment, therefore, seems to be an unavoidable step to halting the damage and suffering which will ensue unless timely action is taken. 1 http://350.org/about/science/ 2 http://math.350.org/ 3 http://www.newscientist.com/article/mg22530043.100-over-a-barrel-falling-oil-prices-and-the-environment.html http://www.newscientist.com/article/mg22029415.700-an-oil-crash-is-on-its-way-and-we-should-be-ready.html#.VNI0c9kgGc0 4 http://www.ipcc.ch/ 5 http://zerocarbonbritain.org/index.php/zcb-latest-report 6 http://www.theguardian.com/environment/2015/jan/21/bp-challenged-confront-climate-change-risk-by-shareholders

  982 of 1,000 Signatures

  Created by richard lawrence
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  I ♥ BC Fossil Free

  It is simple: if it is wrong to destroy the planet, then it is wrong to profit from that destruction. Divesting from fossil fuel and tar sands companies supports Broward College's vision to "stand at the leading edge of technological and environmentally sound innovation." Divesting from fossil fuels also supports two of Broward College's core values: a commitment to sustainability by "ensuring efficient use of college resources while implementing fiscally sound practices and environmentally sustainable initiatives that can be modeled in collaboration with our community," and integrity "by fostering an environment of respect,dignity, and compassion that affirms and empowers all its members while striving for the highest ethical standards and social responsibility." In addition, Broward College's divestment from fossil fuel and tar sands companies also supports the Southern Association of Colleges and Schools Commission six core values: Integrity Continuous Quality Improvement Peer Review/Self-regulation Accountability Student Learning Transparency By divesting from the fossil fuel industry, Broward College can help to discredit the fossil fuel companies so that they loose their influence over our government. By joining the growing number of education institutions, churches, towns, and states across the country, Broward College can help bring pressure to bear on government and industry to act now to slow climate change and rising sea-levels which threaten the security of our land, food supply, drinking water, health, property values and the overall future of our planet.

  50 of 100 Signatures

  Created by Giovanni Bonelli
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