Carbon bubbles arrive.
GR: Let’s hope that former coal and oil cheerleaders, investors, and employees can make a smooth transition to wind and solar.
The Carbon Bubble is Bursting
Tag Archives: Divest
Deepwater Horizon On Land: Porter Ranch’s Neverending Gas Leak Prompts California State of Emergency
Dec. 12 demonstration at the SoCalGas Porter Ranch site (Alan Weiner, 350.org)
GR: Energy industry lies might be the most reprehensible in their consequences for the global environment and all its species. However, they resemble the lies told by the chemical industry about pesticides, the lies told by the financial institutions about economic affairs, the lies told by the arms industry about the need for weapons and military support in other countries, the lies told by the insurance industry in its efforts to collect premiums but not fulfill obligations, and the lies of our elected representatives who protect the corporations that fund their power and lifestyles. The cumulative effect of the lies by our major corporations (e.g., VW) is that people are losing respect for the industries they support through their labor and consumption. I don’t think “Made in America” means what it did when I was a beginning consumer. Here are a few stories on divesting as a means to limit the power of our untrustworthy industries (http://garryrogers.com/?s=divest&submit=Search).
Save the Earth, Divest: Stop Supporting Major Corporations
Image from Britannica
Large multinational corporations are pursuing profits to excess. We must divest our holdings in the largest Military, Insurance, Finance, Energy, and Chemicals (MIFEC), and we must stop purchasing their products.
They are destroying the earth for profit.
Guardian climate change petition reaches 100k signatures
Sign the Guardian’s Climate Change Petition.
“Actor Tilda Swinton and chef Yotam Ottolenghi are among 100,000 people who have supported the campaign calling for the Wellcome Trust and the Bill and Melinda Gates Foundation to divest from fossil fuels.
“The campaign asks the world’s two largest charitable foundations to divest from the top 200 oil, gas and coal companies within five years and to immediately freeze any new investments. It was launched by Guardian editor-in-chief Alan Rusbridger in partnership with the global climate movement 350.org.
Source: www.theguardian.com
GR: Join in the world war of our time. Become one of Earth’s Defenders against human greed; sign the petition and find more ways to help.
Keep it in the ground: Guardian climate change campaign
Join us in urging the world’s two biggest charitable funds to move their money out of fossil fuels.
Evidence shows that proven fossil fuel reserves are more than three times higher than we can afford to burn in order to stay below the generally agreed threshold for dangerous climate change. Fossil fuel companies are currently banking on extracting these reserves and selling them – and are actively prospecting for more. By supporting these companies, investors not only continue to fund unsustainable business models that are bound to make climate change worse, but they also risk their financial assets becoming worthless if international agreements on climate change are met.
Source: www.theguardian.com