Showing posts with label divest in fossil fuels. Show all posts
Showing posts with label divest in fossil fuels. Show all posts

Monday, September 23, 2019

CLIMATE STRIKE ACTION: Call #1 Investor in Fossil Fuels!


Millions of people around the world are following youth leaders and taking action for the climate during Climate Strike Week, September 20-27. This is a global movement of tremendous importance for people and the planet. You can take action too! Read on!

Green America, as part of the international Fossil Banks, No Thanks campaign, is continuing to pressure JPMorgan Chase to stop financing the fossil fuel industry.

By far, JP Morgan Chase is the biggest funder among the 33 banks assessed– including the expansion of the fossil fuel sector through ultra-deep-water drilling, Arctic drilling, tar sands extraction, fracking, and funding for more liquefied natural gas terminals.

Since the adoption of the Paris Agreement, JPMorgan Chase has become:

The top banker of fossil fuels, outpacing the second highest bank funder by nearly 30%.
The biggest funder for the top 100 companies responsible for expanding fossil fuels, outpacing the second highest bank funder by nearly 70% putting $196 billion into fossil fuels from 2016 through 2018.

Join Climate Strike week by making a phone call to JPMorgan Chase today, urging the bank to halt its disastrous financing of the climate crisis. Here’s all you need:

Dial any and all of these numbers:

212-270-1111 for the office of JPMorgan Chase CEO Jamie Dimon

212-270-5097 for the office of Matthew Arnold, Global Head of Sustainable Finance


Sample Message:

Hello, my name is ____________. I’m calling JPMorgan Chase today out of my deep concern about the escalating climate crisis and the need for JPMorgan Chase to stop its financing of the fossil fuel sector. I am opposed to investment in the fossil fuel industry and the abuse of human rights and Indigenous People’s rights that routinely accompany the extraction of fossil fuels. What are the bank’s plans to reverse its bankrolling of the climate crisis?

If you bank at Chase you could include: Given the bank’s record, I am planning to switch to a better financial institution that supports people and the planet.

Thank you for making this call TODAY – please share this action widely!

- Green America 

Thursday, July 18, 2019

Join Student Activists in Urging Harvard: Divest from fossil fuels

The petition to Harvard University reads:
"Divest from fossil fuels."
Add your name:
Sign the petition ►
Harvard University is one of many Ivy League schools invested in fossil fuels despite publicly claiming that its top priority is fighting climate change.1 Harvard in particular prides itself on being a leader in climate research and policy. Harvard students and faculty have even taken on Amazon and many are leading the fight for environmental justice.Climate change is one of the biggest threats to our communities. Yet, there are still institutions choosing fossil fuels over our lives even when their own research points to the progression of the climate crisis.
Yet, Harvard University continues to profit from the devastation of our environment. At nearly $40 billion (and growing), Harvard's endowment is one of the largest in the world.It's time for the university to make its commitment to climate justice real for the sake of not only their students, but also communities everywhere. If enough of us raise our voice and sound the alarm, we can push Harvard to stop investing in the climate crisis.
Harvard says "universities have an accountability to the future" and "a special role and a special responsibility in confronting the challenges of climate change and sustainability."3. But the truth is that Harvard is failing to live up to its own standards.
The good news is: People are fighting back. In efforts to hold the school accountable to its claims, students, alumni and other activists are campaigning for the university to divest from fossil fuels. And thanks to climate justice movement leaders, divestment has become one of the best tactics in the fight against climate change.
Harvard claims that it can change the industry for the better by investing in companies that heat up the planet.4 We know that’s not true. The only way to change corporate behavior, which relies on capitalism, is to stop putting money into every business model that does harm. Many U.S. colleges and universities have already divested from fossil fuels. Harvard has no excuse.
The climate crisis is not only a matter of protecting the environment, but a matter of protecting human rights. No institution claiming to prepare students for the future should be involved in tearing it apart.
Tell Harvard: Now is the time to divest from fossil fuels. Click the link below to sign the petition:
- Jelani Drew, CREDO Action
Add your name:
Sign the petition ►
References:
  1. Steven Mufson, "Harvard says fighting climate change is a top priority. But it still won’t divest from fossil fuels." Washington Post, July 7, 2019.
  2. Farran Powell, "10 Universities With the Biggest Endowments," U.S. News & World Report, Oct. 16, 2018.
  3. Harvard University Sustainability, accessed July 16, 2019.
  4. Umair Irfan, "The world’s richest institutions invest in fossil fuels. Activists are changing that." Vox, May 15,