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  Divest Appalachian

  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.

  2 of 100 Signatures

  Created by Dustin Hicks
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  Den Haag Fossielvrij

  Wij willen Den Haag fossielvrij om deze redenen: VERSNELD OVERSCHAKELEN OP DUURZAME ENERGIE Elk jaar dat we eerder afstappen van fossiele brandstoffen betekent minder onherstelbare en onnodige klimaatschade. Onnodig, want volgens sommige wetenschappers kan de transitie naar 100% duurzame energie al in 10 jaar* voor elkaar zijn. Het idee van Fossielvrij: als investeerders hun geld massaal terugtrekken uit de fossiele industrie, en dat geld opnieuw investeren in schone energie, kan de wereld al veel sneller overschakelen op 100% schone energie. INWONERS VAN DEN HAAG BESCHERMEN Geen land ter wereld kan de gevolgen van die opwarming ontvluchten. Ook Den Haag zou miljarden** moeten investeren om onze kust te beschermen tegen de stijgende zeespiegel. Volgens de laatste onderzoeken van enkele wetenschappers kan het zeeniveau over 80 jaar al met enkele meters*** gestegen zijn. Zolang fossiele brandstoffen de normaalste zaak van de wereld blijven, is elke maatregel om de kust te beschermen, dweilen met de kraan open. FINANCIËLE KWETSBAARHEID VERKLEINEN De Nederlandsche Bank, The Bank of England en 's werelds grootste vermogensbeheerder BlackRock waarschuwen**** ook voor de financiële risico's van fossiele investeringen. 80% van de voorraden kolen, olie en gas mogen niet gebruikt worden, volgens de Klimaattop in Parijs. Daarom zijn fossiele bedrijven overgewaardeerd op de beurs. Het is wachten tot de zeepbel (carbon bubble) knapt. Organisaties met veel fossiele aandelen zijn extreem kwetsbaar. MOREEL LEIDERSCHAP TONEN Gemeente Den Haag is de Internationale Stad van Vrede en Recht. Hoe krom zou het zijn als onze stad rijker zou worden van investeringen die klimaatoorlogen en klimaatvluchtelingen veroorzaken? Den Haag heeft een morele verantwoordelijkheid om zelf het goede voorbeeld geven. Door geld terug te trekken uit de fossiele industrie. En bedrijven, overheden van landen en steden aan te spreken op hun verantwoordelijkheid om alles op alles te zetten om klimaatontwrichting te stoppen. ------------------------- Voor wie precies wil weten hoe het zit: * Volgens wetenschappers van de University of Sussex kan de energietransitie al binnen 10 jaar voltooid zijn: http://www.sciencedirect.com/science/article/pii/S2214629615300827 ** The London School of Economics heeft in het Stern Review (2007) aangetoond dat het veel goedkoper is om nu de CO2-uitstoot drastisch te beperken, dan om maatregelen te nemen om ons te beschermen tegen de gevolgen van klimaatontwrichting. https://en.wikipedia.org/wiki/Stern_Review ***Klimaatwetenschappers hebben onderzocht dat door het smelten van Antartica het zeeniveau rond 2100 al met enkele meters gestegen kan zijn – behalve als we heel snel stoppen met kolen, olie en gas. http://www.nature.com/articles/nature17145.epdf http://www.atmos-chem-phys.net/16/3761/2016/acp-16-3761-2016.html **** Artikelen over de financiële risico's van investeringen in de fossiele industrie: http://www.nrc.nl/handelsblad/2016/03/04/dnb-nederlandse-economie-moet-af-van-kolen-olie-1598050 http://www.climatechangenews.com/2016/03/21/bank-of-england-regulator-warns-of-growing-climate-risks/ https://www.blackrock.com/corporate/en-mx/literature/whitepaper/bii-pricing-climate-risk-international.pdf https://hbr.org/2016/04/the-data-says-climate-change-could-cost-investors-trillions

  1,189 of 2,000 Signatures

  Created by Femke Sleegers
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  Für ein klimafreundliches Kiel - Abzug aller öffentlichen Finanzmittel aus der fossilen Industrie

  Ein ungebremster Klimawandel wird die Lebensqualität unserer nachfolgenden Generationen sehr stark beeinträchtigen und weltweit unseren wirtschaftlichen Wohlstand gefährden mit negativen sozialen Folgen. Fast alle der bislang veranschlagten fossilen Vorkommen müssen in der Erde bleiben, wenn das von allen 195 Staaten in Paris vereinbarte Ziel einer globalen Dekarbonisierung bis Mitte des Jahrhunderts erreicht werden soll. Die Weltgemeinschaft darf also nur einen verschwindend geringe Menge an CO2 ausstoßen, um die globale Erwärmung auf unter 2° C zu begrenzen. Divestment hat deshalb nicht nur der Umwelt wegen, sondern auch aus ökonomischen Gründen eine gesamtgesellschaftliche Legitimation erlangt, da Unternehmen der Öl-, Kohle- und Gasindustrie mehr Rohstoffvorkommen in ihre Bilanzen aufgenommen haben, als sie überhaupt noch fördern und verbrennen dürfen. Es bildet sich eine sogenannte Kohlenstoffblase. Aus diesem Grund gelten die Unternehmenswerte dieser Industrie als überbewertet und stellen für alle Arten von Finanzanlagen ein erhebliches Risiko dar. Seit 2012 haben über 500 Städte, Universitäten, Kirchen, Banken und Stiftungen offiziell ihr Divestment aus Kohle, Öl und Gas erklärt und damit dem fossilen Sektor eine Summe von 3,4 Billionen Dollar entzogen. Dazu gehören u.a. die Städte Berlin, Stuttgart, Münster, Melbourne in Australien, Uppsala in Schweden und Institutionen wie die Kirche von England, der Rockefeller Brothers Fund, die Stanford Universität und die British Medical Association. Gerade als Standort der bekannten Forschungseinrichtungen wie dem Geomar Institut und dem Institut für Weltwirtschaft, die einen großen Beitrag zu einer zukunftsfähigen, nachhaltigeren Wirtschaftsweise leisten, sollte sich Kiel in besonderem Maße dafür einsetzen, die natürliche Lebensgrundlage zu erhalten, die jungen und zukünftigen Generationen zusteht.

  36 of 100 Signatures

  Created by Katharina Sander
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  The People's Pension - Go Fossil Free

  Investing in the fossil fuel industry risks pension fund members' money as fossil fuel assets increasingly risk becoming stranded assets. The urgent global climate action needed will increasingly mean fossil fuels will be unburnable and need to stay in the ground. It also makes no sense for us to be saving for our future using investments that fundamentally threaten that future and security.

  17 of 100 Signatures

  Created by Chayley Collis
• Divest the City of Evanston government from fossil fuels

  Climate change is already hurting people, plants and animals, particularly those already most vulnerable and least likely to have contributed to greenhouse gases. The purpose of this petition is to act on our values and do it stronger by doing it collectively. We can make a concrete change and send a message as Evanstonians through changing our City investments. Let's take action now to ensure a wonderful, livable world for people and all species for generations to come.

  52 of 100 Signatures

  Created by Curt Kearney
• University of Illinois at Chicago: 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 Illinois at Chicago 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 Illinois at Chicago 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.

  52 of 100 Signatures

  Created by Emily Church
• Wiltshire Council: divest from fossil fuel

  Wiltshire Pension Fund holds a total of £1.8 billion, of which – currently - £64 million (3.5 per cent) is invested in fossil fuel – oil, coal and gas companies. This percentage may rise and fall. Wiltshire Pension Fund operates on behalf of Wiltshire Council and a further 157 employer organisations. Investment in fossil fuel is bad news for two reasons. Firstly, experts (1) warn these investments could become 'stranded assets' and irrecoverable, when the market for fossil fuels begin to decline in the years ahead. All local authorities, including Wiltshire Council, have a duty to act in the public interest, and to take steps to reduce risk to public money. Secondly, fossil fuel investment is a matter of right or wrong. More than 80 per cent of the world’s known coal reserves need to stay in the ground to avoid dangerous climate change, recent research (2) has indicated. The scientific and political consensus is that we must not allow global warming to exceed two degrees. If all known reserves are used we will exceed this limit, and tip into runaway climate change. This means extreme weather events, sea-level rise, fires and floods. Local impacts of fossil fuel dependence The Environment Agency and Salisbury City Council are drawing up emergency plans to protect Salisbury from ‘freak floods’, noting that the city came within 1cm of a major flood last January (3). Extreme weather events will cause severe flooding in Salisbury, and knock-on effects across Wiltshire, due to, for example, impassable roads and damage to communications systems (4). A further direct impact of fossil fuel dependence is disease caused by air pollution from traffic emissions. Salisbury Clean Air Network reported in March 2015 that nitrogen dioxide was at illegal levels in ten out of 25 of SCAN’s samples. This was a higher and more widespread pollution level than Council findings. Government data (Public Health England, 2010) indicated that air pollution causes 28,000 excess deaths in the UK per annum. If it’s wrong to cause these harms, then it is wrong to profit from investing in what causes them. Wiltshire Pension Fund should sell its fossil fuel investments and Wiltshire Council should follow the example of several other local authorities who have invested in local sustainable projects such renewable energy, energy efficiency or building much needed energy-efficient social homes. References: 1. Unburnable Carbon – Are the world’s financial markets carrying a carbon bubble? Carbon Tracker Initiative, March 2012 http://www.carbontracker.org/wp-content/uploads/2014/09/Unburnable-Carbon-Full-rev2-1.pdf ‘No more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 °C goal, unless carbon capture and storage (CCS) technology is widely deployed.’ World Energy Outlook 2012, International Energy Agency ‘The issue of the bubble arises because the combined proven oil, gas and coal reserves currently on the books of fossil fuel companies (and governments in the case of NOCs) will produce far more than this amount of CO2 when consumed’, David Hone, Climate Change Advisor for Shell 3 May 2013 ‘We agree that burning all known reserves would probably cause global temperatures to rise by more than 2°C – and that addressing this issue will require the efforts of governments, industry and individuals. However, we believe that the unburnable carbon approach to assessing the impact of potential climate regulation on a company’s value oversimplifies the complexity of the issue and overstates the potential financial impact’ BP webpage on climate change, accessed 17 Oct 2015 2. The geographical distribution of fossil fuels unused when limiting global warming to 2 °C, McGlade, C, Ekins, P, Nature 517,187–190, 8 January 2015 3. Salisbury Journal, 1 October 2015. 4. Environment Agency advice to Salisbury City Councillors and volunteer Flood Wardens, 9 November 2015.

  359 of 400 Signatures

  Created by Alison Craig
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  University of Exeter Fossil Free Campaign

  JPMorgan Chase is one of the worlds largest investment banks and as such has its fingers in a great many pots. Unfortunately some of these pots come with some truly terrible baggage, from fossil fuels to animal testing JPMorgan invests in them all. This sadly includes being the US's largest share holders in PetroChina, a company which has been widely recognized and condemned for helping finance genocide in Sudan. That means in a single company your tuition fees have direct connections to both the worsening of Climate Change and a Genocide that stills claims more than 100 lives every day. For a University to profit from any of these causes is wrong beyond belief but to be involved in all of them and more is a complete catastrophe. By signing you are telling the University that this cannot continue and that you support the campaign for not just a Fossil Free Exeter but an Ethically Invested Exeter as well.

  685 of 800 Signatures

  Created by Robin Ellis-Cockcroft
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  University of Reading to go Fossil Free #UoRFossilFree

  Recently, charities and corporations alike have come under fire in relation to their investments in the top two hundred coal, oil and gas companies worldwide. It is our belief that the University of Reading, as an academic institution within the top 1% of universities in the world, needs to take a lead on divestment. It would allow the University of Reading to set a strong precedent for being ethical and sustainable when making investment choices. The current investment practices of the University are inconsistent with the institution's Environmental Policy, which states that it ‘takes environmental responsibilities seriously’ and commits to ‘achieving the highest standards of environmental performance, preventing pollution and minimising the impact of its operations’. If the University is committed to working towards increased sustainability in its activities then this approach should be reflected in its investments. This is why RUSU wants the University to take a sector lead on adopting a Socially Responsible Investments Policy. If you're interested in the campaign, please read our document 'Why the University of Reading needs to adopt a Socially Responsible Investments Policy' as well as checking out our Facebook page. https://drive.google.com/file/d/0B1EpAf9F0ADhclFWM3BwV2VpaFk/view - Why the University need to adopt a Socially Responsible Investments Policy. https://www.facebook.com/FossilizedFees Join our Facebook page!

  684 of 800 Signatures

  Created by Chloe Bartlett
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  Divest NUI Galway From Fossil Fuels

  Currently, NUI Galway has at least 3.4 million Euro invested in oil and gas shares globally. Though shares in these fossil fuel companies may prove to be profitable in the short-term, research indicates that at least 80% of fossil fuel reserves must stay in the ground in order to prevent catastrophic changes to our climate. Therefore, it is the responsibility of public institutions to disengage in partnerships and support of fossil fuel companies in favor of more sustainable and ethical investments that will promote the health and welfare of both the planet, and all of her peoples.

  1,115 of 2,000 Signatures

  Created by Colm Duffy