The Earth Needs Our Help! Join the Divestment Movement.

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Divestment Movement...support real change that hits fossil fuel companies at
their bottom lines!

Climate change will wipe $2.5tn off global financial assets: study
Losses could soar to $24tn and wreck the global economy in worst case scenario, first economic modelling estimate suggests.
http://www.theguardian.com/environment/2016/apr/04/climate-change-will-blow-a-25tn-hole-in-global-financial-assets-study-warns


World's biggest wealth fund excludes 52 coal-related groups
Norway’s sovereign wealth fund divests from energy companies that derive more than 30% of revenues from coal, on ethical grounds.
http://www.theguardian.com/environment/2016/apr/15/worlds-biggest-wealth-fund-excludes-52-coal-related-groups

Zac Goldsmith backs fossil fuel divestment movement
Tory London mayoral candidate supports pulling City Hall’s fund out of oil, coal and gas companies if elected
http://www.theguardian.com/environment/2016/apr/22/zac-goldsmith-backs-fossil-fuel-divestment-movement-london-mayor

Rockefeller family charity to withdraw all investments in fossil fuel companies

Started by John D Rockefeller – who made his fortune from oil – the fund singled out ExxonMobil, calling the world’s largest oil company ‘morally reprehensible.

A charitable fund of the Rockefeller family – who are sitting on a multibillion-dollar oil fortune – has said it will withdraw all its investments from fossil fuel companies.

The Rockefeller Family Fund, a charity set up in 1967 by descendants of John D Rockefeller, said on Wednesday that it would divest from all fossil fuel holdings “as quickly as possible”.

The fund, which was founded by Martha, John, Laurance, Nelson and David Rockefeller, singled out ExxonMobil for particular attention describing the world’s largest oil company as “morally reprehensible”.

John D Rockefeller, who was the richest person in US history when he died in 1937, made his fortune from Standard Oil a precursor of ExxonMobil.

“There is no sane rationale for companies to continue to explore for new sources of hydrocarbons,” the RFF, which has relatively small total holdings of $130m (£92m), said in a statement. “We must keep most of the already discovered reserves in the ground if there is any hope for human and natural ecosystems to survive and thrive in the decades ahead. Cont'd

http://www.theguardian.com/environment/2016/mar/23/rockefeller-fund-divestment-fossil-fuel-companies-oil-coal-climate-change

What You Need to Know: Divesting From Fossil Fuels

Bill Moyers speaks with two leaders of the climate change divestment campaign who are urging institutions to break ties with the fossil fuel industry. The campaign encourages people to sell their shares in polluting industries and reinvest in companies committed to climate change solutions. For those interested in learning more, here are some of the organizations that offer resources and information on divesting.

Divest-Invest, a coalition of US and global foundations that have pledged to divest from fossil fuel companies and invest a portion of their assets in the clean energy economy, has a series of resources to learn more about divesting. This includes:

** A report on the top 200 fossil fuel companies that they suggest to divest from. To view the list only, visit the Go Fossil Free website.

**Information for individual investors: Extracting Fossil Fuels from Your Portfolio, a guide to divestment and reinvestment produced by 350.org, Green Century Funds and Trillium Asset Management.

**Guides for fiduciaries responsible for city and state pensions: Resilient Portfolios & Fossil-Free Pensions produced by HIP Investor.

We Are Powershift, a grassroots-driven online community for the youth climate movement, has a number of action-oriented resources for students looking to start divestment campaigns. This includes a primer on how college endowments work.

A map of the united states, fossil fuel divestment campaign, fossil fuel free
Map of fossil-free divestment university and college petitions

The Responsible Endowments Coalition, has resources for students and alumni to start divestment campaigns on college and universities.

The Go Fossil Free Campaign has a map of petitions at colleges and universities that you can click through to learn more and sign online.

GreenFaith has resources for those seeking resolutions on divestment and reinvestment in religious organizations, including a list of religious divestment efforts.

http://billmoyers.com/2014/04/24/divesting-from-fossil-fuels/