Not-to-be-missed tweeted news on the global #fossilfuel #divestment movement and campaign.
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April 30
Today @CreditSuisse’s holds its online Annual General Meeting. The bank is the number 4 #FossilBank in Europe, with $74 billion in the fossil fuel industry since #Paris. #BankingonClimateChange #FossilBanksNoThanks pic.twitter.com/pYxRBQciHQ
— Fossil Banks No Thanks (@NoFossilBanks) April 30, 2020
April 29
Newest @BloombergNEF study shows that #Renewables have surpassed fossil fuels in most countries:
☀️ PV is the cheapest source of electricity in southern countries
🌬️ Wind is dominating most parts of Europe and the Americas➡️ Increasing #Divestment increases #CoalExit Trends https://t.co/9dFThpqQdO pic.twitter.com/g51rEyZ98x
— Pao-Yu Oei (@PaoYuOei) April 29, 2020
April 28
New York pension funds call for exit from coal projects to tackle #ClimateEmergency👏 What about Luxembourg's sovereign pension fund @gouv_lu? For a #JustRecovery make our #Pensions #FossilFree! #ParisAgreement #divestment ⬇️⬇️⬇️ https://t.co/yg6FRnzu44
— GreenpeaceLuxembourg (@Greenpeace_Lux) April 28, 2020
#GreenRecovery is possible after #COVID19
As we put fiscal stimulus in place, we must:
✅ Support green investments
✅ Eliminate fossil fuel subsidies & price carbon right
✅ Make investments that lead to green jobs and a more sustainable future.#PCD11 pic.twitter.com/rMYpp1l4uH— Kristalina Georgieva (@KGeorgieva) April 28, 2020
April 27
#HSBC becomes the last UK & big European bank to stop financing directly new #coal plants worldwide without any exceptions.
Way too late and still NO restrictions on #coalpower corporate financing! High time to move!#fossilfuels #banking pic.twitter.com/OLtI8P746y
— Reclaim Finance (@ReclaimFinance) April 27, 2020
April 26
As Catholics, we can protect our common home by not financing companies that hurt creation and its vulnerable communities. ➡️📢 Act now! Encourage your institution to sign the Fossil Fuel Divestment Commitment at https://t.co/kGLhMi6S0i pic.twitter.com/5Y2dTvNEBQ
— Global Catholic Climate Movement (@CathClimateMvmt) April 26, 2020
April 24
Japan Bank for International Cooperation #JBIC's Governor, Tadashi Maeda, repeated twice in his interview, "we will no longer accept loan applications for coal-fired power generation projects." Great news!!!#NoCoalJapan pic.twitter.com/dtstMXAeJJ
— NoCoalJapan (@NoCoalJapan) April 24, 2020
Today is the Annual General Meeting of @HSBC, the number 2 #FossilBank in Europe. It has pumped some $87 billion into the fossil fuel industry since #Paris, of which $33 billion was for expansion. #FossilBanksNoThanks #BankingonClimateChange pic.twitter.com/FfZ8uabs9w
— Fossil Banks No Thanks (@NoFossilBanks) April 24, 2020
Advocates for fossil fuel divestment at Yale run for seats on the university's boards, following a similar effort at Harvard. https://t.co/lA2kcPNwgD @IntentEndowment #divestment #corpgov #climatecrisis #climate #energy #ESGinvesting
— Scott Stapf (@stapf) April 24, 2020
Divesting from the coal industry is the right thing to do for our planet, our future, and our children—and it’s the smart thing to do for investors and shareholders.
I'm calling on major insurance companies to sever ties completely with the coal industry.https://t.co/SEnWWoTzlx
— Scott M. Stringer (@NYCComptroller) April 24, 2020
April 23
It's a flood of #fossilfuel #divestment as Oxford, American Univ and Canada Univ of Guelph step up. Move the $ from #coal #oil & #gas now and let's pivot to a clean energy future! #ClimateCrisis @350 @350Australia https://t.co/eHQFueyrho
— Blair Palese 🌎 (@blairpalese) April 23, 2020
https://t.co/wEgCmZXNCY This is the hour for #divestment from fossil fuels and to choose different priorities as we face the on-going #ClimateCrisis #WellBeingEconomy #JustRecovery #JustTransition @LeaderGCC @GlasgowCC 🔥⌛️🌈
— DivestStrathclyde (@DivestSPF) April 23, 2020
Expect this trend to accelerate…#oil #FossilFuels #divestment #carbonfootprint #ClimateAction https://t.co/J40pXtoq2j
— 21st Century Economist 🧢🦾 (@CRDAnalytics) April 23, 2020
Super proud that my alma mater, the University of Guelph, voted to #divest its endowment from fossil fuels! Welcome to the $14 trillion club!#divestment #EarthDay2020 #StopTheMoneyPipeline #cdnpoli https://t.co/uH3yPoAviJ
— Richard Brooks ☀️ (@RichBrooks350) April 23, 2020
April 22
🎉OXFORD DIVESTS FROM FOSSIL FUELS🎉
🌎#EarthDay ANNOUNCEMENT FROM OCJC!🌎The full motion and council’s response can be read at:https://t.co/cVEBhkNjjx
OCJC full press release here: https://t.co/qcmBgnlaKy
For press inquiries: ocjc@gmail.com pic.twitter.com/NRLNw9wM7W
— OxfordClimateJustice (@OxUniFossilFree) April 22, 2020
April 21
“The deep fall of oil prices today is another powerful example of how fossil fuels are too volatile to be the basis of a resilient economy." — @350's @BrettFleishman.#JustRecovery #COVID19 #Klimakrisehttps://t.co/skv58KtLwB
— 350.org Deutschland (@350Deutschland) April 21, 2020
Three more Methodist churches have just divested from fossil fuels! https://t.co/eYXxGbTVkL@StrdMethodists @SheffMethDist @MethodistGB pic.twitter.com/nT15PJc22f
— Operation Noah (@OperationNoah) April 21, 2020
April 20
Yes! We have to confront the capital that is driving the #climateemergency! New York City lawmakers will introduce a resolution today to demand that the financial institutions and insurers the city does business with #divest from fossil fuels.https://t.co/rOELCthFxM
— Andrew Behar (@andrewbehar) April 20, 2020
#Divestment developments at Harvard | Harvard Magazine – https://t.co/9akojYGOAl #Divest
— Aryt Alasti (@AAlasti) April 20, 2020
Quitting tobacco and fossil fuels should no longer carry a wealth warning, writes Scott Nisbet of @BaillieGifford. #tobacco #fossilfuels #divestment #sustainableinvesting
https://t.co/AyDTRke4Pe— Pensions for Purpose (@Pension4Purpose) April 20, 2020
A coalition of climate justice organizations is targeting Liberty Mutual for underwriting fossil fuels https://t.co/zAo20NkfQw pic.twitter.com/OO96DjjBw8
— Rolling Stone (@RollingStone) April 20, 2020
Our climate lawsuit against Norway's Arctic oil drilling has been accepted into the Norwegian Supreme Court! ✊
This is recognition of the importance of this case for Norway and the rest of the world. #PeopleVsArcticOil
Read more: https://t.co/baH63nw7rq pic.twitter.com/NiMYNUkhXX
— Greenpeace Norge (@GreenpeaceNorge) April 20, 2020
April 18
University of Wisconsin Student Activists Form Coalition for Fossil Fuel #Divestment https://t.co/6H9LTVxKe3
— IntentionalEndowment (@IntentEndowment) April 18, 2020
April 17
In #Guyana, the @WorldBank disregards their own warning: ‘Without urgent action, #climatechange impacts could push an additional 100 million people into poverty by 2030.’
Why then assist in creating an new oil industry when we cannot afford to burn any more #fossilfuels? pic.twitter.com/LMZhTlzKgm— urgewald (@urgewald) April 17, 2020
Divest Lambeth joins us on Wednesday and tell us about their experiences in getting Lambeth Council to not invest its pension fund in #fossilfuels.
Wed 22nd April at 7pm on Zoom (DM for password)
Further details:https://t.co/DAwPlCZcWp#divestment #climatechange #lambeth #foe— Friends of the Earth – Lambeth (@FoELambeth) April 17, 2020
April 15
#Mizuho announces it will stop financing new #coal power projects and end all loans for coal by 2050.
See our full list of global financial institutions exiting coal: https://t.co/yaZ8km0e5h pic.twitter.com/mnhoFnv1qD
— IEEFA.org (@ieefa_institute) April 15, 2020
We're not going to let fossil fuel companies use the pandemic to loot trillions — it's time to #StoptheMoneyPipeline and reboot the economy so that it works for people and planet, not polluters and politicians.
Join us https://t.co/Kt6vFHNg1b #STMP #Divestment #ClimateActionNow pic.twitter.com/6yvhSUyhkB
— Beneficial State Foundation (@BeneficialStFdn) April 15, 2020
April 14
Last week, @LibertyMutual were attacked by policyholders for supporting climate-destroying #tarsands
">50,000 are calling on Liberty Mutual to drop tar sands. Insurers must protect society against climate risk, not exacerbate it"@InsuranceBizUK ⬇️https://t.co/xG8tyLSn9P
— Insure Our Future Global (@InsOurFuture) April 14, 2020
April 9
Students urge University of Minnesota to take action on climate change in two referendums [on declaring a climate emergency and #divestment] – https://t.co/rXkeKGvRh2 #Divest #ClimateEmergency
— Aryt Alasti (@AAlasti) April 9, 2020
Can't stop, won't stop! Senator Jim Gaughran becomes the 33rd New York Senator to sponsor the Fossil Fuel Divestment Act.
Thank you @Gaughran4Senate for being a climate leader!
It's time to #DivestNY pic.twitter.com/scY9K4FrQ6
— Richard Brooks ☀️ (@RichBrooks350) April 9, 2020
April 8
🚨Breaking: Majority of New York State Senators support Fossil Fuel Divestment Act
💰Support rises as pension fund loses billions on investments in coal, oil & gashttps://t.co/zjMNZPGISp pic.twitter.com/9uYwCzjdzR
— Richard Brooks ☀️ (@RichBrooks350) April 8, 2020
While we face the current crisis, we can't forget the longer-term climate crisis is an even greater threat to our people and our economy. The NYS pension fund will continue to lose money by staying invested in fossil fuel producers. It's time for responsible #divestment. https://t.co/Zx1syctWuE
— Senator Liz Krueger (@LizKrueger) April 8, 2020
Spread the word… almost half of ALL coal plants are unprofitable… #lowcarbon #StrandedAssets #KeepItInTheGround #ClimateCrisis #renewables #divestment #insurancedivestment #EnergyTransition https://t.co/pk967YBkxS
— Naturesave Insurance (@WeAreNaturesave) April 8, 2020
April 7
.@RWE_AG and @LEAG_de biggest polluter in #Germany.
Remember, investors, there is a way out: https://t.co/kzjNmaNmxD#lignite #coal #ClimateCrisis #ClimateChange #coalexit https://t.co/H5V4636w7n
— urgewald (@urgewald) April 7, 2020
April 6
In this issue, we trace the evolution of social and financial movements from the fringes of #divestment and #KeepitintheGround to mainstream discourse – and examine how the self-reinforcing nature of these movements have disrupted entrenched commitments to #fossilfuel expansion.
— Truzaar Dordi (@truzaar) April 6, 2020
April 2
Bankruptcy in the #US #shale sector: #WhitingPetroleum is the 1st victim of the #oilprice collapse, but it won't be the last in this industry.
Let's hope we'll all understand #fossilfuel investments quickly become #strandedassets.
We need #divestment!https://t.co/4u3GfaDlma— Energy Watch Group (@EWGnetwork) April 2, 2020
In honor of the Oil CEOs who are going to the White House to beg Trump for corporate bailouts, here's a running list of terrible things the fossil fuel industry has been doing during the #COVID19Pandemic
Thread –>
— Jamie Henn (@jamieclimate) April 2, 2020