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  #DivestEmerson

  Climate change, as caused by the emissions of greenhouse gases from burning fossil fuels like coal, oil, and gas, poses a huge threat to the livelihoods of billions of people on this planet. Extreme weather conditions, such as the massive floods, wildfires, droughts, hurricanes, and melting ice caps we have experienced in the last few years alone, are a clear sign that climate change must be taken seriously, and acted upon promptly. 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. In such a dire situation, it is imperative that we, as an institution, do everything in our power to solve this issue.

  79 of 100 Signatures

  Created by Kayla Burns
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  Divest States of Jersey Funds from Fossil Fuels

  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 States of Jersey Common Investment Fund (CIF) manages the public funds of Islanders. It manages nearly £3 billion worth of assets, millions of which are direct investments in fossil fuel companies including BHP Billiton, ExxonMobil, BP, Rio Tinto and Shell [4]. 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, the States of Jersey will join New York City and 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 Jersey and beyond. So we ask that the States of Jersey, through the Minister for Treasury and Resources, to: - Immediately freeze any new investment in fossil fuel companies, including those made by externally managed and pooled funds. - Ensure pension options to employees are fossil free - 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 Sources: [1]http://bit.ly/1Cp61vN [2]http://bit.ly/1mLPo58 [3]http://bit.ly/1r2Y2Qb [4]https://www.gov.je/Government/Pages/StatesReports.aspx?ReportID=3466

  34 of 100 Signatures

  Created by Ollie Taylor
• Lewis & Clark College: Go Fossil Free!

  Climate scientists agree that the record breaking weather events are being caused by increases in global temperatures (2). These temperature increases have largely been the result of carbon emissions from the burning of fossil fuels. 60-80% of the existing coal, oil, and gas reserves should be left unburned (3) in order to limit global warming to less than 2°C, as signed in the Paris Climate Agreement (4). Anything above this threshold drastically increases the risks of more climate disasters. We therefore call on Lewis & Clark College to immediately freeze any new investments in the most carbon intensive fossil fuel industries, especially those on the Carbon Underground 200’s list (5) of biggest oil and gas companies, and to divest within five years from direct ownership and from any commingled funds that include public equities and corporate bonds in these industries. With increased transparency and in collaboration with students, Lewis & Clark College should revise the Environmental Social and Governance (ESG) investment policy in order to meet these divestment goals. We believe such action on behalf of Lewis & Clark College will not only be a moral decision for the well-being of the planet, but also a sound decision for our institution's financial portfolio. The recent fluctuations in fossil fuel prices make these investments unreliable. The stocks themselves are also being overvalued; the fossil fuel industry is considering their aforementioned unburnable fossil fuels as assets, when in fact they are “stranded assets” under the goals of the Paris Agreement. Divestment from fossil fuels will have adverse financial effects on the industry and will encourage a larger cultural shift in which these investments themselves carry a powerful stigma. As more and more people continue to view coal, oil and gas negatively, through movements like divestment, this will pressure these fossil fuel companies to transition to clean energy. As of December 2016, 688 institutions worldwide have divested over five trillion dollars from fossil fuels (6). Lewis & Clark College, a pioneer of sustainability, should participate in this significant global movement. (1) https://www.lclark.edu/live/files/22998-list-of-managers-may-31-2016pdf (2) http://www.livescience.com/10325-living-warmer-2-degrees-change-earth.html (3) https://phys.org/news/2013-04-unburnable-fossil-fuels-investors-stranded.html (4) http://unfccc.int/paris_agreement/items/9485.php (5) http://fossilfreeindexes.com/research/the-carbon-underground/ (6) https://www.arabellaadvisors.com/wp-content/uploads/2016/12/ Global_Divestment_Report_2016.pdf

  1,062 of 2,000 Signatures

  Created by Bruce Podobnik
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  Divest Derbyshire

  1. Derbyshire County Council Pension Fund has £290 million invested in fossil fuel industries, including Royal Dutch Shell, BP and Rio Tinto. Fossil fuel industries make up nearly 6% of the pension fund. 2. The pension fund affects over 170 employers in Derbyshire including Derbyshire County Council, all the borough and District Councils in Derbyshire [1]; Derby City Council; Chesterfield College; Derby College; Derbyshire Fire Authority; Derbyshire Police Authority; Peak District National Park Authority; University of Derby and a large group of smaller employers. 3. 97% of climate scientists agree that humans are the primary cause of recent climate change, largely due to the release of greenhouse gases from the combustion of oil, coal and gas for heat and power. Climate change is happening now - we’re already experiencing global temperature rise, warming oceans, shrinking ice sheets and more frequent and intense extreme weather events. [2] Whole ecosystems are threatened, and people's lives are at risk due to flooding, food and water insecurity, creating climate change refugees. [3] 4. In order to stop the global climate warming by 2 °C above pre-industrial levels and avert global catastrophe, 80% of all known fossil fuels must stay in the ground. [4] By removing investments in fossil fuel companies Derbyshire County Council will be showing its commitment to creating a healthy, sustainable future for both the people of Derbyshire and the planet as a whole. 5. There is also a financial argument to divest from fossil fuels. The need and growing political pressure to leave as much of our fossil fuels in the ground make the risk of stranded assets (worthless fuel stocks that regulation will prevent from being burned) very real. [5] At the same time it is becoming more expensive both to find and to extract the remaining fuel deposits, while, renewable energy technology is becoming more efficient and less expensive. [6]. Both of these factors create risks for investors. People and institutions that own shares in fossil fuel companies will see the value of their investments decrease. [7,8] 6. Institutions across the world including churches and universities, the Environment Agency [9] as well as local authorities in the UK such as Bristol City Council and Oxford City Council have already committed to divest from fossil fuels. [10] Let's see Derbyshire join them in making this small but impactful commitment. This petition is supported by the following Derbyshire organisations (in alphabetical order): Amber Valley Against Fracking; Calow Against Gas Extraction (CAGE); Chesterfield and District TUC; Chesterfield Climate Alliance; Clay Cross Against Fracking; Creswell Against Fracking; Derby Climate Coalition; Eckington Against Fracking; Glossopdale Transition Initiative; Melbourne Area Transition; Sustainable Edale; Sustainable Hayfield; Transition Belper; Transition Buxton; Transition Chesterfield; Transition Hope Valley; Transition Matlock; Transition New Mills. Transition Wirksworth; University of Derby Students’ Union. Please let us know if you would like your group to be added to this list. A hard copy of this petition can be downloaded from www.transitionchesterfield.org/divest-derbyshire/ Notes [1] Amber Valley Borough Council; Bolsover District Council; Chesterfield Borough Council; Derby City Council; Derbyshire Dales District Council; Erewash Borough Council;; High Peak Borough Council; North East Derbyshire District Council; South Derbyshire District Council [2] http://climate.nasa.gov/evidence/ [3] www.unhcr.org/pages/49e4a5096.html [4] www.bbc.co.uk/news/science-environment-30709211 [5] www.carbontracker.org/report/wasted-capital-and-stranded-assets/ [6] www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10957292/Fossil-industry-is-the-subprime-danger-of-this-cycle.html [7] www.theguardian.com/environment/2015/mar/03/bank-of-england-warns-of-financial-risk-from-fossil-fuel-investments [8] www.theguardian.com/environment/2015/oct/12/millions-wiped-off-uk-local-government-pensions-due-to-coal-crash-analysis-shows [9] www.eapf.org.uk/en/news-feed [10] http://gofossilfree.org/commitments/

  450 of 500 Signatures

  Created by Lisa Hopkinson
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  Divest U of S

  Our University is 'dedicated' to sustainability and Indigenization, yet is invested in the fossil fuel industry. If we are actually committed to sustainability and building respectful and reciprocal relationships with Indigenous peoples and nations then the University would not be heavily invested in fossil fuel industries who benefit from the destruction of the planet. The University and the administration need to step up NOW, TODAY, and make a change. It's not good enough to be the second to last university in Canada who chooses to take climate action seriously. Students - Universities should be leaders in combatting the major social problems of our time – such as climate change and social justice – not continuing to prop up and support outdated, dirty fossil fuel energy that harms communities. Students are already leading; universities need to get on board! Divesting from fossil fuels creates an opportunity to reinvest in clean energy that strengthens communities and builds a 21st-century economy, creating good new jobs. Universities are supposed to be preparing us for our future, but instead, they’re contributing to its destruction; these hypocritical actions need to end. Remaining invested in fossil fuels puts a stain on our school’s reputation - will we be proud to be U of S alumni with a degree that is soaked in oil? Or could we be proud of our education, institution, and administrators who took a stand as climate leaders who lead the way? Faculty - We ask you to stand with us. You teach us about sustainability and climate change, the wrongs of wrecking the environment, the desperate need to build respectful and reciprocal relationships with Indigenous communities, yet work within an institution who says one thing but acts against those morals and values. Please stand with us - we want to see accountability from our institution and we ask you for your support.

  5 of 100 Signatures

  Created by Jaylene Murray
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  North Yorkshire Fossil Fuel Divestment

  The North Yorkshire Pension Fund Committee could, like a growing number of other Local Authority-administered Pension Funds, adopt a strategy of steady 'divestment and re-investment'. This means moving away from investing in an increasingly unstable and more costly fossil fuel dependency towards a cleaner, cheaper and ultimately more profitable renewable future, which will enable local communities across North Yorkshire and beyond to benefit. To help achieve this, we are asking the Pension Fund Committee to: 1. Freeze any new investment in the top 200 publicly-traded fossil fuel companies[1] at the earliest opportunity [1] The Carbon Underground 200 Project, at http://fossilfreeindexes.com/research/the-carbon-underground 2. Commit to a policy of divesting or withdrawing from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds over the next 5 years; and of re-investing in a new carbon-free portfolio of more local, ethical and renewable energy technologies and infrastructure developments 3. Include these action points above in the Pension Fund Committee’s Investment Strategy Statement, with effect from the earliest possible date. (* Adapted from the petition model in the Gofossilfree campaign’s guidance – see Local Government Guide at https://gofossilfree.org/uk/pensions/#action )

  114 of 200 Signatures

  Created by Mike Barron
• Die Stadt Heidelberg soll sich zu einem klimafreundlichen Finanz- und Anlagemanagement bekennen

  Begründung: Der globale Klimawandel und seine Folgen stellen eine greifbare Gefahr für unsere Gesellschaften dar. Schon heute sind die Konsequenzen des globalen Temperaturanstiegs zu spüren. Dazu gehören vermehrte extreme Hitzeperioden in europäischen Städten genauso wie die "Jahrhundertfluten", die inzwischen alle 10 Jahre auftreten und verheerende Folgen haben. So waren von der "Jahrhundertflut" 2013 neun Bundesländer betroffen, in 55 Landkreisen musste Katastrophenalarm ausgerufen werden und zehntausende Menschen mussten für Wochen ihre Wohnungen verlassen. Die weltweiten Folgen des Klimawandels, vom Schmelzen der Gletscher bis zu vermehrt auftretenden extremen Wetterereignissen wie Dürren und Hurrikanen sind so zahlreich, dass sie hier nicht alle genannt werden können. Nahezu alle Regierungen der Welt stimmen überein, dass eine Erwärmung um mehr als 2°C sehr gefährlich wäre und durch katastrophale Rückkopplungen dazu führen könnte, dass auf unserem Planeten menschliches Leben unmöglich wird. Die Zahlen sprechen für sich: Aktuell steuern wir darauf zu, fünfmal so viele fossile Brennstoffe zu verbrennen wie laut vorsichtiger Schätzungen tragbar wäre. Wenn wir den Temperaturanstieg unter 2°C halten wollen, müssen wir also dafür sorgen, dass 80% der bekannten Vorkommen fossiler Brennstoffe unter der Erde bleiben. Erdöl-, Kohle- und Gaskonzerne erschließen aber weiterhin ohne Rücksicht auf unsere Lebensgrundlagen und auf junge Generationen in alarmierendem Tempo die bestehenden Vorkommen und geben Milliarden aus, um noch mehr fossile Brennstoffe zu finden. Dabei schrecken sie auch nicht vor hochriskanten und umweltzerstörenden Methoden wie Fracking, Mountain Top Removal, Tagebau, Offshore Drilling und dem Abbau von Teersanden zurück. Als Konsequenz sollten alle Investitionen in diese Industrien schnellstmöglich eingestellt werden. Dabei sind nicht nur private Investoren gefragt, sondern insbesondere öffentliche Institutionen und große Organisationen wie Städte, Kommunen, Universitäten, Kirchen, Stiftungen oder auch Finanzinstitute. Zum einen sind gerade diese Akteure in besonderer Weise dem Gemeinwohl verpflichtet und müssen sich vor ihren Bürgerinnen und Bürgern, ihren Mitgliedern und vor der Gesellschaft verantworten. Zum anderen haben sie einen Vorbildcharakter in unserer Gesellschaft und können dadurch weit mehr bewirken als ihr eigenes Investmentpotential zunächst vermuten lässt. Unsere öffentlichen Gelder sollten in eine lebenswerte Zukunft investiert werden, nicht in eine Industrie, die dabei ist, unseren Planeten unbewohnbar zu machen. Es ist an der Zeit, dass sich die Stadt Heidelberg öffentlich und verbindlich zu einem klimafreundlichen Finanz- und Anlagemanagement bekennt. Aktuelle Informationen auch unter www.facebook.com/fossilfreeheidelberg

  117 of 200 Signatures

  Created by LIsa-Marie Zoller
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  Islington Council: Divest from Fossil Fuels

  Climate change is the most pressing problem facing humanity. We want to protect this planet so it remains for our children and grandchildren. We can start by asking our local council to take its money out of fossil fuels - currently £59.5 million. Local government has a duty to act for the public good. Fossil fuels are in direct conflict with this: investing in them threatens the planet and poses a risk to investors. Financial research has called into question the valuations of fossil fuel companies as they rely on reserves which must remain unburned if we are to avoid catastrophic climate change. Islington Council should take a prudent economic decision and a moral stand by moving our money away from risky fossil fuel investments. Divestment from fossil fuels makes a powerful statement that the fossil fuel industry is morally and financially unviable, and that the people of Islington want a sustainable future.

  1,023 of 2,000 Signatures

  Created by Jen Cronin
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  Divest TTU From Fossil Fuels

  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 $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.

  10 of 100 Signatures

  Created by Eric Stinson
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  Fossil Free Dundee

  It is recognised across the world that global temperatures must remain no more than 2°C higher than in pre-industrial times if climate change is not to destroy our entire way of life. For this to happen, study after study has demonstrated that 80% of currently known fossil fuel reserves must remain in the ground. This view is endorsed by mainstream elements of society, from Mark Carney, the governor of the Bank of England, to the United Nations. Companies like BP and Shell – and the University’s investments in them—are not part of a sustainable future, no matter how they, or the University, might pretend otherwise. Small investments in renewables are far outweighed by the catastrophic impacts of continued oil extraction. In universities around this country and the world, divestment is denying these companies their moral acceptability –. All moral and financial arguments point to the same thing – divestment from fossil fuels.

  98 of 100 Signatures

  Created by Zoe MacKenzie
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