Divestment
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The document discusses divestment from fossil fuel companies as a strategy to address climate change. It defines divestment as removing investments from stocks or funds related to unethical industries like fossil fuels. The key reasons provided for divestment are that it is ethically right because fossil fuel usage wrecks the climate, it is good business because a large portion of known fossil fuel reserves cannot be burned if global warming is to be limited, and it could help drive change if more organizations and individuals divested from fossil fuels. The document also outlines divestment movements happening overseas and in New Zealand, including universities, churches, councils and banks removing investments from fossil fuel companies.
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The document discusses various aspects of environmental protection and sustainability. It begins by outlining how the modern consumer economy functions through extraction of natural resources, production, distribution and waste. This linear system ignores environmental costs. It then describes how products have short designed lifecycles which maximize consumption and waste. This global system has led to toxic pollution and climate change. The document concludes by proposing solutions like renewable energy, zero waste initiatives, take-back laws for recycling, local economies and corporate social responsibility.
Burns Park Green Energy Association
The document discusses the need for the Burns Park community to transition to more sustainable, green energy practices and local resilience in response to the threats of climate change, peak oil, and economic instability. It provides information on actions community members can take such as home energy audits, investing in solar power, growing their own food, and things the local elementary school can do to help like implementing a recycling program and teaching environmental education. The document advocates that the transition begins with individual energy conservation and developing a more localized, self-reliant community.
Brett Parris - slides - price on carbon forum Aug 2011
This document discusses the need for action on climate change through putting a price on carbon emissions. It provides context on resurgent skepticism about climate change and outlines the high stakes if projections of temperature increases and impacts like reduced food security are accurate. It notes Australia's large contribution to emissions from its coal exports and domestic emissions. The document argues that preventing very dangerous climate change will require strong emissions cuts but that these cuts need not hurt the economy according to Australian government reports. It frames skepticism of climate science as extremist and out of step with scientific consensus.
From Economic Fantasy to Ecological Reality on Climate Change
This was an invited talk to the Oxford Department of International Development "Climate Change and the Challenges of Development Lecture Series", on my criticisms of the application of neoclassical economics to climate change. I focus on the new paper by Dietz et al. that allegedly calculates the economic costs of tipping points:
Dietz, S., J. Rising, T. Stoerk and G. Wagner (2021). "Economic impacts of tipping points in the climate system." Proceedings of the National Academy of Sciences 118(34): e2103081118. (https://www.pnas.org/content/pnas/118...)
Upon closer examination, this papers fails to consider tipping points in any credible way, and this is obvious in its incredible claim (in the original sense of the "not credible"), that:
“Tipping points reduce global consumption per capita by around 1% upon 3°C warming and by around 1.4% upon 6°C warming"
This is ridiculous: the tipping points they consider are: Arctic summer sea ice, the Greenland Ice Sheet, the West Antarctic Ice Sheet, the Atlantic Meridional Overturning Circulation (“Gulf Stream”), the Amazon Rainforest, the Indian Monsoon, Permafrost, and Ocean methane hydrates. If all 8 of these tripped--especially with a temperature 3-6°C above pre-industrial levels, we would be experiencing a climate utterly unlike anything Earth has seen for tens of millions of years.
The thought that this would just reduce global consumption by just 1.4%--compared to what it would be if none of these tipping points were triggered--doesn't pass what Nobel Laureate Robert Solow once called "the smell test": "every proposition has to pass a smell test: Does it really make sense?". I show why this paper stinks in Solow's sense.
Heat, greed and human need. Defining necessities for sustainable and equitabl...
Heat, greed and human need. Defining necessities for sustainable and equitabl...Kelan tutkimus / Research at Kela
Ian Gough: Heat, greed and human need. Defining necessities for sustainable and equitable wellbeing. Kela lecture 25.10.2017.Extinction Rebellion: Understanding, declaring and acting upon a climate emer...
The document discusses the climate emergency based on scientific reports and data. It makes three key points:
1) Scientific reports from the UN's IPCC state that global warming must be limited to 1.5 degrees Celsius to avoid severe consequences for humanity. Current policies are insufficient to meet the UN's recommendations.
2) Scientific data shows that climate change impacts like Arctic ice melt and record high temperatures are occurring at a much faster rate than predicted. Positive climate feedback loops may be accelerating global warming.
3) Urgent action is needed to drastically reduce greenhouse gas emissions to near zero globally by 2040 in order to avert catastrophic effects of climate change by 2100 like widespread habitat loss and species extinction.
Carbon Bubble - Making Sense of a "Fossil Market"
The document discusses the concept of a "carbon bubble" where fossil fuel companies' assets are overvalued since they assume all reserves will be burned, contradicting the goal of limiting global warming to 2C. This poses major financial risks. It advocates strategies like divestment campaigns and removing fossil fuel subsidies to exert political and market pressure for climate action. If taken advantage of now, low oil prices and renewable energy advances provide an opportunity to rationalize energy policies and transition to a cheaper, greener system.
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Lichfield District Council Presentation 27th January 2010
Lichfield District Council Presentation 27th January 2010
Rod Oram 350 A uckland Launch Party - November_2012
Rod Oram 350 A uckland Launch Party - November_2012
How Superannuation Funds Have Lost Billions on Fossil Fuels
How Superannuation Funds Have Lost Billions on Fossil Fuels
Brett Parris - slides - price on carbon forum Aug 2011
Brett Parris - slides - price on carbon forum Aug 2011
From Economic Fantasy to Ecological Reality on Climate Change
From Economic Fantasy to Ecological Reality on Climate Change
Heat, greed and human need. Defining necessities for sustainable and equitabl...
Heat, greed and human need. Defining necessities for sustainable and equitabl...
Extinction Rebellion: Understanding, declaring and acting upon a climate emer...
Extinction Rebellion: Understanding, declaring and acting upon a climate emer...
More from David Tong
WWF - Getting Aotearoa on Track for <1.5ºC
The document discusses the climate crisis and environmental justice. It notes that CO2 levels are at 409.15 ppm and emissions rose in 2017-2018. The difference between 1.5°C and 2°C of warming will determine whether tens of millions or hundreds of millions are displaced from their homes. It also discusses that countries have common but differentiated responsibilities to address climate change, with more developed countries needing to do more. Finally, it provides examples of initiatives in New Zealand to address climate change through legislation, business commitments, and youth activism.
Science Based Targets
A summary of the 'Paris Agreement for businesses' - the Science Based Targets Initiative. Delivered at the EDS Climate Change and Business Conference, October 2018.
WWF - Zero Carbon Act speech - July 2018
The slides for a speech I gave about business climate action and the importance of the Zero Carbon Act.
Presentation to Common Leaders Day event
David Tong gave a presentation about his career path from corporate lawyer to working for the World Wildlife Fund (WWF). He had planned to go to law school, do honors programs and clerkships, then work for a big law firm. However, in 2013 he quit his law job to pursue an LLM. He had already been involved in charitable causes. During a trip to Warsaw, he had a realization that led him to take a role with WWF. In his presentation, he reflected on lessons of leadership, such as focusing on people rather than yourself and having a clear vision for where you are going.
"You have been negotiating all my life": Rio to Paris
This document summarizes the author's experience negotiating international climate agreements from 1992 to 2015. It discusses:
1) The UNFCCC established in 1992 which set the principles of "common but differentiated responsibilities".
2) The Kyoto Protocol from 1995-1997 which imposed emissions targets on developed countries based on these principles.
3) The Copenhagen Accord in 2009 which shifted to a "bottom up" approach of voluntary national commitments from all countries.
4) The Paris Agreement in 2015 which continues this approach but aims to strengthen the commitments over time through global reviews of progress.
Basics of Facilitation
This document provides guidance for facilitation. It discusses that a facilitator helps a group work effectively by structuring discussions neutrally to help the group reach conclusions, unlike a leader who guides towards a defined outcome. It recommends preparing by understanding goals, participants, and discussion stages. When facilitating, the facilitator should set the tone, steer with questions, manage timing, and take notes while listening. Useful techniques include setting ground rules, using open and closed questions, hand signals, and decision-making processes. Body language and preparation are also important. The facilitator should review notes afterwards, ensure any action points are addressed, seek feedback, and reflect on how to improve facilitation skills.
Eco justice guest lecture
This document discusses environmental, ecological, and climate justice. It begins by outlining the history and definition of environmental justice as fair treatment and meaningful involvement of all people in environmental policymaking, regardless of race or income. It then discusses how the concept has expanded to global ecological justice and the need for justice between people, generations, and humanity/nature. Finally, it examines the negotiations around climate justice, from the UNFCCC and Kyoto Protocol establishing differentiated responsibilities for developed and developing countries, to the Paris Agreement aiming to limit warming to well below 2 degrees Celsius. It emphasizes that civil society groups advocate for climate justice now to represent the interests of Global South social movements.
Avoiding a Paris Hangover Down Under
Presentation to the New Zealand Primary Industry Summit in May 2016, about the Paris Climate Agreement and its impact on New Zealand agriculture.
University of Auckland Guest Lecture
The document summarizes the history of climate change negotiations from 1992 to the present, focusing on the key issues for the 2015 Paris agreement. It discusses the principles of common but differentiated responsibilities (CBDR) and respective capabilities that have guided negotiations since 1992. Recent negotiations have moved toward a "bottom up" model where each country sets its own targets, rather than top-down targets set by negotiators. However, the document notes there is still uncertainty around how to address differentiation, the legal form of the agreement, finance, and loss and damage in Paris. It predicts the final agreement will likely blend bottom-up and top-down elements through a "pledge and review" model, but uncertainties remain.
Common in Durban but Differentiated in Paris - ANZSIL
The document discusses approaches to differentiating climate commitments between developed and developing countries under the UNFCCC. It outlines five options being considered for Paris: 1) retaining current annexes separating developed from developing countries; 2) drafting new annexes; 3) an emissions budget and equity framework; 4) a pledge and formal review process; and 5) a pledge with informal review. The document argues that a pledge and review model, which blends top-down and bottom-up elements, is most likely to gain consensus in Paris while still encouraging participation and ambition. However, it may collapse into a "pledge and chat" model without agreement on a strong review process.
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"You have been negotiating all my life": Rio to Paris
"You have been negotiating all my life": Rio to Paris
Common in Durban but Differentiated in Paris - ANZSIL
Common in Durban but Differentiated in Paris - ANZSIL
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Kinetic studies on malachite green dye adsorption from aqueous solutions by A...
Kinetic studies on malachite green dye adsorption from aqueous solutions by A...Open Access Research Paper
Water polluted by dyestuffs compounds is a global threat to health and the environment; accordingly, we prepared a green novel sorbent chemical and Physical system from an algae, chitosan and chitosan nanoparticle and impregnated with algae with chitosan nanocomposite for the sorption of Malachite green dye from water. The algae with chitosan nanocomposite by a simple method and used as a recyclable and effective adsorbent for the removal of malachite green dye from aqueous solutions. Algae, chitosan, chitosan nanoparticle and algae with chitosan nanocomposite were characterized using different physicochemical methods. The functional groups and chemical compounds found in algae, chitosan, chitosan algae, chitosan nanoparticle, and chitosan nanoparticle with algae were identified using FTIR, SEM, and TGADTA/DTG techniques. The optimal adsorption conditions, different dosages, pH and Temperature the amount of algae with chitosan nanocomposite were determined. At optimized conditions and the batch equilibrium studies more than 99% of the dye was removed. The adsorption process data matched well kinetics showed that the reaction order for dye varied with pseudo-first order and pseudo-second order. Furthermore, the maximum adsorption capacity of the algae with chitosan nanocomposite toward malachite green dye reached as high as 15.5mg/g, respectively. Finally, multiple times reusing of algae with chitosan nanocomposite and removing dye from a real wastewater has made it a promising and attractive option for further practical applications.
RoHS stands for Restriction of Hazardous Substances, which is also known as t...
RoHS stands for Restriction of Hazardous Substances, which is also known as the Directive 2002/95/EC. It includes the restrictions for the use of certain hazardous substances in electrical and electronic equipment. RoHS is a WEEE (Waste of Electrical and Electronic Equipment).
Environment Conservation Rules 2023 (ECR)-2023.pptx
Bangladesh Environment Conservation Rules 2023 (ECR-2023).
Evolving Lifecycles with High Resolution Site Characterization (HRSC) and 3-D...
The incorporation of a 3DCSM and completion of HRSC provided a tool for enhanced, data-driven, decisions to support a change in remediation closure strategies. Currently, an approved pilot study has been obtained to shut-down the remediation systems (ISCO, P&T) and conduct a hydraulic study under non-pumping conditions. A separate micro-biological bench scale treatability study was competed that yielded positive results for an emerging innovative technology. As a result, a field pilot study has commenced with results expected in nine-twelve months. With the results of the hydraulic study, field pilot studies and an updated risk assessment leading site monitoring optimization cost lifecycle savings upwards of $15MM towards an alternatively evolved best available technology remediation closure strategy.
Lessons from operationalizing integrated landscape approaches
Presented by James Reed at "9th Landscape Sustainability Science Forum" on 11 May 2024
原版制作(Manitoba毕业证书)曼尼托巴大学毕业证学位证一模一样
学校原件一模一样【微信：741003700 】《(Manitoba毕业证书)曼尼托巴大学毕业证学位证》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
快速办理(Calabria毕业证书)卡拉布里亚大学毕业证在读证明一模一样
原件一模一样【微信：bwp0011】《(Calabria毕业证书)卡拉布里亚大学毕业证》【微信：bwp0011】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问微bwp0011
【主营项目】
一.毕业证【微bwp0011】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【微bwp0011】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
Optimizing Post Remediation Groundwater Performance with Enhanced Microbiolog...
Results of geophysics and pneumatic injection pilot tests during 2003 – 2007 yielded significant positive results for injection delivery design and contaminant mass treatment, resulting in permanent shut-down of an existing groundwater Pump & Treat system.
Accessible source areas were subsequently removed (2011) by soil excavation and treated with the placement of Emulsified Vegetable Oil EVO and zero-valent iron ZVI to accelerate treatment of impacted groundwater in overburden and weathered fractured bedrock. Post pilot test and post remediation groundwater monitoring has included analyses of CVOCs, organic fatty acids, dissolved gases and QuantArray® -Chlor to quantify key microorganisms (e.g., Dehalococcoides, Dehalobacter, etc.) and functional genes (e.g., vinyl chloride reductase, methane monooxygenase, etc.) to assess potential for reductive dechlorination and aerobic cometabolism of CVOCs.
In 2022, the first commercial application of MetaArray™ was performed at the site. MetaArray™ utilizes statistical analysis, such as principal component analysis and multivariate analysis to provide evidence that reductive dechlorination is active or even that it is slowing. This creates actionable data allowing users to save money by making important site management decisions earlier.
The results of the MetaArray™ analysis’ support vector machine (SVM) identified groundwater monitoring wells with a 80% confidence that were characterized as either Limited for Reductive Decholorination or had a High Reductive Reduction Dechlorination potential. The results of MetaArray™ will be used to further optimize the site’s post remediation monitoring program for monitored natural attenuation.
Improving the viability of probiotics by encapsulation methods for developmen...
Improving the viability of probiotics by encapsulation methods for developmen...Open Access Research Paper
The popularity of functional foods among scientists and common people has been increasing day by day. Awareness and modernization make the consumer think better regarding food and nutrition. Now a day’s individual knows very well about the relation between food consumption and disease prevalence. Humans have a diversity of microbes in the gut that together form the gut microflora. Probiotics are the health-promoting live microbial cells improve host health through gut and brain connection and fighting against harmful bacteria. Bifidobacterium and Lactobacillus are the two bacterial genera which are considered to be probiotic. These good bacteria are facing challenges of viability. There are so many factors such as sensitivity to heat, pH, acidity, osmotic effect, mechanical shear, chemical components, freezing and storage time as well which affects the viability of probiotics in the dairy food matrix as well as in the gut. Multiple efforts have been done in the past and ongoing in present for these beneficial microbial population stability until their destination in the gut. One of a useful technique known as microencapsulation makes the probiotic effective in the diversified conditions and maintain these microbe’s community to the optimum level for achieving targeted benefits. Dairy products are found to be an ideal vehicle for probiotic incorporation. It has been seen that the encapsulated microbial cells show higher viability than the free cells in different processing and storage conditions as well as against bile salts in the gut. They make the food functional when incorporated, without affecting the product sensory characteristics.
Biomimicry in agriculture: Nature-Inspired Solutions for a Greener Future
Presentation made for the Webinar Series on Biomimicry for sustainability on 1st June 2024 organized by Green Building Council Sri Lanka
Wildlife-AnIntroduction.pdf so that you know more about our environment
All about wildlife, if you are fond of animals and wildlife then do follow us for more content like this
在线办理(lboro毕业证书)拉夫堡大学毕业证学历证书一模一样
学校原件一模一样【微信：741003700 】《(lboro毕业证书)拉夫堡大学毕业证学历证书》【微信：741003700 】学位证，留信认证（真实可查，永久存档）原件一模一样纸张工艺/offer、雅思、外壳等材料/诚信可靠,可直接看成品样本，帮您解决无法毕业带来的各种难题！外壳，原版制作，诚信可靠，可直接看成品样本。行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备。十五年致力于帮助留学生解决难题，包您满意。
本公司拥有海外各大学样板无数，能完美还原。
1:1完美还原海外各大学毕业材料上的工艺：水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠。文字图案浮雕、激光镭射、紫外荧光、温感、复印防伪等防伪工艺。材料咨询办理、认证咨询办理请加学历顾问Q/微741003700
【主营项目】
一.毕业证【q微741003700】成绩单、使馆认证、教育部认证、雅思托福成绩单、学生卡等！
二.真实使馆公证(即留学回国人员证明,不成功不收费)
三.真实教育部学历学位认证（教育部存档！教育部留服网站永久可查）
四.办理各国各大学文凭(一对一专业服务,可全程监控跟踪进度)
如果您处于以下几种情况：
◇在校期间，因各种原因未能顺利毕业……拿不到官方毕业证【q/微741003700】
◇面对父母的压力，希望尽快拿到；
◇不清楚认证流程以及材料该如何准备；
◇回国时间很长，忘记办理；
◇回国马上就要找工作，办给用人单位看；
◇企事业单位必须要求办理的
◇需要报考公务员、购买免税车、落转户口
◇申请留学生创业基金
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
原版制作(Newcastle毕业证书)纽卡斯尔大学毕业证在读证明一模一样
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Divestment
- 1. DIVESTMENT ‘Divest, decarbonize, and don’t discount our future.’ - Chanted by youth activists at the 2013 and 2014 climate talks
- 2. WHAT I DO…
- 3. WHAT IS DIVESTMENT? #1 ‘Divestment is the opposite of an investment – it simply means getting rid of stocks, bonds, or investment funds that are unethical or morally ambiguous.’ - Fossil Free, 350.org
- 4. WHAT IS DIVESTMENT? #2 • Practically, the divestment movement is a civil society movement encouraging people, companies and others to stop investing (directly or indirectly) in fossil fuels • Divestment can be full or partial. That is, divesting from either: • all fossil fuel investments, period • the 200 main fossil fuel companies (The ‘Carbon Underground’) • the ‘worst’ forms of fossil fuel extraction (like tar sands, coal, or Arctic drilling)
- 5. WHY DIVEST? #1 GOOD ETHICS? ‘If it is wrong to wreck the climate, then it is wrong to profit from that wreckage. We believe that educational and religious institutions, governments, and other organizations that serve the public good should divest from fossil fuels.’ - Fossil Free, 350.org
- 6. WHY DIVEST? #2 GOOD BUSINESS. “No more than one-third of proven reserves of fossil fuels can be consumed prior to 2050 if the world is to achieve the 2 °C goal, unless carbon capture and storage (CCS) technology is widely deployed.” - International Energy Agency
- 7. WHY DIVEST? #3 GOOD BUSINESS • We face a ‘carbon bubble’ • To maintain 2ºC of temperature rise, between 2/3 and 4/5 of known and owned fossil fuel reserves cannot be burned (see Carbon Tracker reports) • HSBC has warned investors to manage ‘growing’ risks to fossil fuel investments • G20 last week commissioned report into risks posed by the carbon bubble
- 8. WHY DIVEST? #4 GOOD BUSINESS. ‘The issue of the bubble arises because the combined proven oil, gas and coal reserves currently on the books of fossil fuel companies (and governments in the case of NOCs) will produce far more than this amount of CO2 when consumed.’ ‘We agree that burning all known reserves would probably cause global temperatures to rise by more than 2°C – and that addressing this issue will require the efforts of governments, industry and individuals.’
- 9. WHY DIVEST? #5 GOOD BUSINESS. ‘The issue of the bubble arises because the combined proven oil, gas and coal reserves currently on the books of fossil fuel companies (and governments in the case of NOCs) will produce far more than this amount of CO2 when consumed.’ - Shell ‘We agree that burning all known reserves would probably cause global temperatures to rise by more than 2°C – and that addressing this issue will require the efforts of governments, industry and individuals.’ - BP
- 10. IT MIGHT JUST CHANGE EVERYTHING
- 11. WHY NOT? #1 • Two main counter arguments: • It will cost too much • If we don’t invest, somebody else will • Noam Chomsky on 28 April 2015 described these arguments as: ‘They’re accurate, but the problem is they’re irrelevant’
- 12. WHY NOT? #2 ‘[Rejection of divestment] is Harvard’s loss — literally. Harvard has lost an estimated $21 million dollars over the past 3 years by ignoring calls to divest. Harvard's decision to blindly continue their support of the industry that is principally responsible for causing climate change is neither warranted nor wise.’ - Trillium Asset Management
- 13. WHAT’S HAPPENING OVERSEAS? • Over $50bn in assets divested from top 180 fossil fuel companies • Big university campaigns, especially in the US – eg Divest Harvard • Norway’s sovereign wealth fund has divested from 32 coal and other mining companies • Rockefeller Foundation and World Council of Churches divested in 2014 • 17 Anglican ‘Eco-Bishops’ have called on whole Anglican church to divest • Church of England has divested from ‘worst’ fossil fuels
- 14. WHAT’S HAPPENING IN NEW ZEALAND? • Universities • Divestment campaign launched at University of Auckland • Churches • All five New Zealand Anglican dioceses voted to divest in 2013 – due to complete by 2016 • Presbyterian church followed in 2014
- 15. WHAT’S HAPPENING IN NEW ZEALAND? • Councils • On 29 April 2015, Dunedin’s council voted to divest the Waipori Fund from fossil fuels • Banks • 350.org Aotearoa calling for fossil fuel free banking • Two fossil fuel free Kiwisaver options
- 16. END