• By On 9 November 2014 In Divestment, Re-Investment, Resources

    Fossil Fuel Divestment Hits $50 Billion

    September 22 2014 — “Over 800 global investors have now committed to divest their holdings in fossil fuels. New signatories encompass a broad diversity of sectors and regions— including foundations, individuals, faith groups, health care organizations, cities and universities around the world. Their pledge was revealed at a news conference in New York today, and will be presented tomorrow at the United Nations Climate Summit where over 120 world leaders will gather.

    A leading advocate of the movement, Archbishop Desmond Tutu, called on institutions and people of conscience to divest in a video recorded for the
    announcement: “Climate change is the human rights challenge of our time. We can no longer continue feeding our addiction to fossil fuels as if there is no tomorrow, for there will be no tomorrow.” He called for a freeze on all new fossil fuel exploration as the companies cannot safely burn 75% of known reserves.
    The fossil free Divest-Invest movement has grown explosively since its launch three years ago. Today’s announcement includes over 650 individuals and 180 institutions, including 50 new foundations added to the 17 who pledged in January. Together these institutions hold over $50 billion in total assets. Signers pledge to divest from fossil fuels over five years, taking a variety of approaches.
    The foundations announced today include the Rockefeller Brothers Fund, whose original endowment comes from wealth generated in the Standard Oil Company. The Fund will be divested first from coal and tar sands by the end of this year, with more to come thereafter.”
    For the full Sept 22 2014 press release from the global Divest/Invest coalition, click here.
  • By On 8 November 2014 In Divestment

    Nov 14 Ottawa Event: Climate Change & Fossil Fuel Divestment

    Friday 14 November 2014
    1 – 2:30 PM
    Tory Building, Room 208
    Carleton University

    CARLETON FOSSIL FREE FACULTY

    Climate Change and Fossil Fuel Divestment

    Desmond Tutu and UN Secretary General Ban Ki-moon have put their moral weight behind the fossil fuel divestment movement, calling it an appropriate and even necessary response to climate change. Is the climate situation really so urgent? Does fossil fuel divestment make sense? Is it even possible to divest from fossil fuels?

    Join Carleton Fossil Free Faculty, along with Tricia Spooner of Wood Gundy, for presentations and discussion on why and how to divest from fossil fuels, and reinvest in renewable energy.

  • By On 7 November 2014 In Divestment

    Nov 11 Toronto Event: Fossil Fuel Divestment Discussion Panel

    Fossil Free U of T is hosting this panel discussion on fossil fuel divestment as part of Divestment Action Week at U of T.

    Tuesday, November 11 at 6:00pm

    Ramsay Wright Building, Room 143, University of Toronto


    Panelists:
    — Doug Macdonald
    — Jeanne Moffat
    — Jane Ambachtscheer

    Moderated by Katie Krelove

    Organizers: U of T 350.org

  • By On 5 November 2014 In Divestment, Re-Investment

    Nov 22 Toronto Event: Divestment and Ethical Reinvestment

    Divestment 2014 Poster 8.5x11

    Eastminster United Church divested from the fossil fuels industry. You can too!

    Explore the moral, financial and geophysical issues surrounding the growing divestment movement – taking your money out of the fossil fuels industry – and the socially responsible, ethical and green economy investment alternatives available for Families and Individual investors.
    View the documentary “Do the Math” and stay for a Q&A with:

    GUEST PANELISTS:
    Timothy Nash, economics professor and financial planner focusing on socially responsible investing, impact investing, and the green economy

    Sucheta Rajagopal, portfolio manager at Jacob Securities Inc. and member of the Responsible Investment Association.

    PRESENTERS:
    SolarShare and ZooShare

    1:00 – 3:00 pm
    Saturday, November 22, 2014

    Eastminster United Church
    310 Danforth Ave. (near Chester Subway Station)
    416 463-2179 • http://www.eastminsteruc.org

  • By On 5 November 2014 In Clean Energy, Re-Investment

    Nov 19 Toronto Event: Powering the Future

    handsindr.wieg

    Powering the Future: Insights from Co-Operative Energy Transition

    FREE Presentation with Dr. Andreas Wieg, Head of the German Office for Energy Cooperatives

    Join the Federation of Community Power Co-operatives and GTA-based energy co-operatives to learn more about local and international activities in community power and the growing trend of green energy impact investing. The event is free but space is limited.

    November 19, 7pm – 9pm
    YWCA 87 Elm St (Dundas & University)

    Register here.

  • By On 1 October 2014 In Uncategorized

    Nov 15 Ottawa Event: Dialogue on Fossil Fuel Divestment

    St. Matthews Anglican in Ottawa is hosting a Saturday afternoon workshop on fossil fuel divestment.

    Featured speakers include:

    Tricia Spooner, socially responsible investment specialist, Wood Gundy
    Walter Whitely, Climate Justice Group, Trinity St. Paul’s United Church, Toronto
    Mike Hulme, professor of climate and culture, Kings College, London, England

    To find our more:  http://www.stmatthewsottawa.ca/index.php/what-s-new/events/divestment-workshop

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