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Divest URIClimate 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 $50 billion 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.11 of 100 SignaturesCreated by Sunrise South County
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University of Dundee: DIVEST FROM FOSSIL FUELSDundee University’s environmental and sustainability policy statement lists using “resources efficiently to minimise our impact on the environment” among its responsibilities, and divesting from fossil fuels could certainly reduce our negative effects. While fossil fuels are limited and damaging to the environment, investing in more green industries could aid the UK in producing more sustainable energy and more viable long-term investments. The fact that anthropogenic global warming is occurring is supported by a huge number of scientific communities, and continued use of fossil fuels will exacerbate the problem. By 2011, methane, carbon dioxide, and nitrous oxide content in the air had already increased by 150%, 40%, and 20% respectively since 1750. The temperature of the oceans has increased by about 0.72 degrees centigrade between 1951 and 2012. While research in the University is producing exciting sustainable possibilities that may help us stop this increase, we feel that its investments should also reflect that intent.528 of 600 SignaturesCreated by Dundee People & Planet
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Petition to Divest Case Western Reserve University From Fossil FuelsHumanity 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.403 of 500 SignaturesCreated by Jack Turner
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University of Nebraska - Divest from Fossil Fuels!Climate change is one of the most imperative issues of this generation. The Natural Resources Defense Council contends that climate change will cost nearly $1.9 trillion annually if forced to go unchecked. This is an imperative issue that has led to loss of life and property all around the world, including here in Nebraska. In 2019, large floods led to the loss of three lives and threatened the livelihoods of thousands. The total cost of these floods were nearly $3 billion dollars, dealing a large blow to our state. As the climate crisis continues, it is more important than ever that the University takes an active role in helping prevent the issue. Climate change continues to lead to extreme weather events and cause disruption in too many lives. The University of Nebraska should follow the lead of the Association of Big Ten Students and divest from fossil fuels.36 of 100 SignaturesCreated by Rohan Thakker
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University of Kentucky: 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 University of Kentucky 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 University of Kentucky 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.26 of 100 SignaturesCreated by Sarah Whitaker
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בצלאל מפסיקה להשקיע בזיהום כדור הארץשינויי האקלים הולכים ומאיצים. אנו עדים להשפעות ההולכות וגדלות של התחממות הכוכב באופן עקבי יותר ויותר; רק בשנה האחרונה נרשמו בישראל עומסי חום, שרב ושריפות באזור מודיעין, בשומרון, בוואדי ערה, בעמק חפר בנוף הגליל ובמקומות אחרים שהשפיעו על מאות ואלפי אנשים ועלו למדינה ולאזרחים עשרות ומאות מליוני שקלים. מומחים מסכימים כי התחממות כדור הארץ הנגרמת על ידי שריפת דלקים מאובנים תמשיך להאיץ ולהעצים את אסונות האקלים הטרגיים הללו. הקונצנזוס המדעי ברור ומכריע; איננו יכולים לשרוף אפילו מחצית ממאגרי הדלקים המאובנים העולמיים מבלי לחמם את כדור הארץ באופן מסוכן למשך כמה אלפי שנים ובכך להביא לקץ המין האנושי.1 of 100 SignaturesCreated by Raz Karl
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Divest Highlands from Fossil FuelsClimate change is the greatest challenge humanity has encountered. Warming in excess of 2°C will have catastrophic consequences. 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. 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. 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. The Highland Council are fully committed to both reducing the Highlands's contribution to climate change as well as safeguarding the Highlands against its impacts. In particular, in May 2019 they declared a climate emergency and agreed to work towards being Carbon neutral by 2025. However their pension fund still retains many investments in highly polluting industries. The Highland Council manages the pensions of its employees and needs to make sure these funds are transferred to investing in low carbon options rather than fossil fuels. Recent financial studies have shown that divestment from fossil fuels may have a small positive effect on investment portfolios in the short term. 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. 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. Recent publications have highlighted the real dangers posed to Highlands from climate change, including an increased risk of flooding and storm damage. Continuing to invest in the fossil fuel industry contradicts the commitments of the Highland Council By divesting from fossil fuels, the Highland Council 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 it's citizens. So we ask: 1. The Highland Council to make a public statement supporting the principle of divestment and to commit to avoid investment in any bonds, stock or shares connected to fossil fuels. 2. The Highland Council to review their pension fund investments and - 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 3. The Highland Council must be transparent about its 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. 4. The Highland Council must do the above in a timely manner - By setting up a working group to report back on a strategy within three months from the submission of this petition177 of 200 SignaturesCreated by Anne Thomas
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DivestSurreyThe Surrey Pension Fund still has millions of pounds invested directly in climate wrecking fossil fuels despite the efforts of our DivestSurrey campaign and many similar campaign groups across Surrey to persuade them to divest. But it gets worse…… The senseless decision making of the pension committee has resulted in a loss of £50 million as the value of these stocks have plummeted across the globe. Exactly what a growing number of financial experts have predicted. Illogical and irresponsible decisions being made now by the SPF are not only environmentally destroying our planet but are financially inept. Please help us persuade the Surrey Pension Fund to remove these investments by signing up to our campaign. Please also tick the yes button below your details so we can keep you involved with the campaign. Many thanks710 of 800 SignaturesCreated by Steve McDonald
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Fossilfria Pengar vid MittuniversitetetEnglish below Divest MIUN Mittuniversitetet 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. ------ Divest MIUN 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 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.49 of 100 SignaturesCreated by Vartan Ahrens
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To XSchool headmaster - we need a Fossil free ABPPressure is growing on ABP to stop funding the climate crisis - now is the time to make our voice heard.2 of 100 SignaturesCreated by Rachel Hubbard