Why divest from fossil fuels?

Why divest from fossil fuels?

[What if the story you’ve been told about climate change is wrong?] For years we’ve been told that climate
change is this huge problem with a simple solution: change a
lightbulb, drive less. I think common sense told us it was going to take a lot more than that. We were set up to think that we were the
bad guys [What if you found out that we aren’t the villains?] The fossil fuel companies have in their reserves five times as much carbon as would be necessary to take us past two degrees. “if they carry out their business plan the
planet tanks.” We know who the villain is and we know what they care about: their money and their reputation. So if we’re going to win, that’s what we’re going after. By divesting from the fossil fuel industry, we’re taking a moral stand. against these companies. It’s unconscionable for our educational
institution to fund climate change But it’s not just moral, it’s strategy. We’re not just changing light bulbs, we’re changing paradigms, changing the world. What started as a few
campuses less than a year ago is now more than three hundred in the US alone, and it’s global. Europe, Australia and beyond. Churches,
cities, and states are joining in the movement to divest from fossil fuels. What’s most exciting is the collaboration and the community power that these campaigns are building. And people are paying attention. “The more money that we take out of these fossil fuel resources, the more money
that we’re investing in alternative energy sources.” We’ve seen what the fossil fuel industry can do with the billions we’ve invested them Imagine what we could do if we invested that money in us. [Let’s tell a new story on climate change.] Join the movement at GoFossilFree.org

7 thoughts on “Why divest from fossil fuels?

  1. This video includes many excerpts from our divestment documentary "$hift." Watch it here: https://vimeo.com/67268257

  2. Seems a bit naive, because
    a) Market cap ≠ cash flow. Tanking a companies stock price while still being a customer of that company and it's products maintains a market demand for that company's products and perpetuates its production practices, and
    b) The single largest contributor of greenhouse gases isn't electricity or transport, it's LIVESTOCK; animal agriculture. Check out "Livestock's Long Shadow". The single biggest environmental change that most people can make is to cut animal products from their diets.

    It's too bad the 350 seems reluctant to wholeheartedly support veganism.

    That said, a few million invested here and a few million invested there might not make a big difference to big oil, but it can make a HUGE difference to companies that are developing green energy alternatives. So to that extent, I'm all for it.

  3. Long live the fossil fuel industry. Those who want to stop the use of fossil fuels are anti human and want to de-populate the world. Since fossil fuels have been used humans have lived longer and more prosperous.

  4. Considering fossil fuels are the foundation of the modern world,  and make it possible for the world to support 7 billion people. To be true to your intentions, you can't invest in anything. You can't even keep paper money and coinage because fossil fuels were used to make currency.

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