More than 40 Catholic institutions are to announce the largest ever faith-based divestment from fossil fuels, on the anniversary of the death of St Francis of Assisi. The sum involved has not been disclosed but the volume of divesting groups is four times higher than a previous church record, and adds to a global divestment movement, led by investors worth $5.5tn. Christiana Figueres, the former UN climate chief who helped negotiate the Paris climate agreement, hailed Tuesday’s move as “a further sign we are on the way to achieving our collective mission”. She said: “I hope we will see more leaders like these 40 Catholic institutions commit, because while this decision makes smart financial sense, acting collectively to deliver a better future for everybody is also our moral imperative.”
Guardian 3rd Oct 2017 read more »
Mike Hill, sitting in his living room a few miles from a fracking site outside Blackpool, is brandishing a government letter brushing aside his concerns about the industry. “You, Theresa May, overruled democracy to force fracking on the residents of Fylde,” he says, referring to his own letter to the prime minister, in which he urges her to heed experts’ calls for tighter shale gas regulations. “And then you won’t pay attention, the slightest attention, to anybody in regards fracking regulation, fracking monitoring, public health risks, risks to indigenous industries,” says the chartered engineer, who used to work in the oil and gas sector. “I’m not really a protester – I’m an engineer,” adds Hill, who won 12% of the vote in the 2015 general election running as an independent candidate in Fylde to raise awareness of fracking locally.
Guardian 2nd Oct 2017 read more »