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Mayor wants to rid Copenhagen of ‘totally wrong’ investments in coal, oil and gas

Yesterday, Copenhagen’s finance committee agreed to move forward on a proposal by the mayor to divest the fossil fuel holdings of the city’s 6.9bn kroner (€920m) investment fund. Detailed proposals for implementation will now be developed and taken to Copenhagen Council for final decision. Mayor Frank Jensen told the Danish newspaper Dagbladet Information: “Copenhagen is (More...)

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In the space of just 10 weeks…

The divestment movement has been gathering pace and building momentum ahead of the climate summit in Paris, where we announced today that more than 500 institutions representing over $3.4 trillion in assets have made some form of divestment commitment. On 21st September, we were at 400 institutions representing $2.6 trillion under management. In the past (More...)

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Why fossil fuel stock prices are doomed

Numerous fossil fuel divestment campaigners have pointed to the stock markets lately to tell trustees that they are losing significant funds by not divesting. It’s true; fossil fuel stocks have lost 30 cents on the dollar in the last 21 months alone.* That translates to big money when looking at large institutional investor portfolios like (More...)

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VIDEO: 1,000 millennials take the streets for justice

Friends, We’ve got the chills. On Monday, young people showed that they’re building the kind of cross-movement alliances that we need to change what’s politically possible in this country. This movement of movements is broad, diverse, and powerful! In an epic demonstration of unity, 1,000 young people took the streets of Washington, D.C. for justice (More...)

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Uppsala divests, throws down the gauntlet to other cities

Uppsala just became the largest city in Sweden so far to commit to divest itself from fossil fuels, after the city council voted to ban investments in coal, oil and gas.  The move is designed to bring the city’s financial policies in line with its policies to reduce carbon emissions. Following in the footsteps of Örebro, Sweden’s fourth largest (More...)

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Why I’m marching on November 9th

This blog post was written by Sophia Zaia, a student organizer with Swarthmore Mountain Justice, on why she’s joining the Our Generation, Our Choice mobilization. When I learned about climate change for the first time in middle school I was stunned; stunned that I hadn’t found out before, that this wasn’t something my parents talked (More...)

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It’s time to step into history. The plan for November 9:

Friends, Today, we’re thrilled to share something huge: this November, young people will step into the streets of Washington, D.C. to call out the crisis of political leadership that so profoundly threatens the next generation. While climate change ravages our country and weaponized police patrol the streets of criminalized black, brown, and poor communities, our (More...)

Get with the times, divest

By Emily Gayfer, RMIT student This week the Times Higher Education (THE) World Academic Summit has drawn hundreds of leading academics and professionals from across the global higher education sector to the University of Melbourne, Australia. There are currently over 400 divestment campaigns at campuses worldwide. 40 educational institutions have already chosen to move their (More...)

Responding to Oil Funded Anti-divestment Reports

Once again, the oil industry is doing its best to spin the data and hide the whole picture to further its agenda. This time, they are working to build the case that investors will lose money if they divest from fossil fuels. Spoiler alert: we think this is disingenuous, to say the least. In August, (More...)