Let’s make fossil fuels history

That’s the rallying cry of the first Global Divestment Day, planned for the 13th and 14th of February. It’s a day of action to call on companies, universities and public bodies to withdraw their investments from fossil fuels.

It’s an initiative from 350.org, who have chosen to focus on fossil fuel companies as one of the main obstacles to climate change action. Divestment is not so much about choking off the investment, but challenging the ‘social license’ of the industry, highlighting the unacceptability of ongoing exploration and extraction of fossil fuels.

Find out more here.

Trackbacks/Pingbacks

  1. Shareholder activism or divestment? | Make Wealth History - February 3, 2015

    […] As I’ve said before, the calls to divest don’t believe that they can strip the fossil fuels industry of their funding. They’re about publicly renouncing the idea of profiting from something that is destroying the atmosphere. It’s more about shifting our ethics than changing the economics of the industry. […]

  2. Climate change at the wellhead and the tailpipe | Make Wealth History - February 9, 2015

    […] The Keystone XL debate in the US has dramatically highlighted the role of fossil fuels. The divestment campaign quite deliberately puts the spotlight on the legitimacy of profiting from activities that cause […]

  3. Keep it in the ground | Make Wealth History - March 17, 2015

    […] Guardian has thrown its weight behind the divestment movement, started by Bill McKibben and 350.org. This week they are gathering names for a petition to the […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: