An attention-getting Peoples Climate March poster. It gets the point across: the poor and disadvantaged are the first major victims of climate change. Show you care by participating in Meatless Monday and other individual and group actions. The Flood Wall Street protests happened today. Their goal was to bring attention to the people profiting from our global crisis. At the same time, there was big news about divestment from fossil fuels! Guardian US environment correspondent Suzanne Goldenberg (@suzyji) has more on the news that heirs to the fabled Rockefeller oil fortune withdrew their funds from fossil fuel investments on Monday. The move [lends] a symbolic boost to a $50bn divestment campaign ahead of a United Nations summit on climate change, Suzanne writes: The former vice-president, Al Gore, will present the divestment commitments to world leaders, making the case that investments in oil and coal have an uncertain future. With Monday’s announcement, more than 800 global investors – including foundations such as the Rockefeller Brothers, religious groups, healthcare organisations, cities and universities – have pledged to withdraw a total of $50bn from fossil fuel investments over the next five years. The Rockefeller Brothers Fund controls about $860m in assets, said Beth Dorsey, the chief executive of the Wallace Global Fund and the Divest-Invest movement, which has led the divestment campaign. About 7% are invested in fossil fuels. But the Rockefellers’ decision to cut their ties with oil lends the divestment campaign huge symbolic importance because of their family history. The divestment move also helps bring a campaign launched by scrappy activists on college campuses into the financial mainstream. theguardian/environment/live/2014/sep/22/climate-change-activists-wall-street-protest Heirs to Rockefeller oil fortune divest from fossil fuels over climate change Heirs to Standard Oil fortune join campaign that will withdraw a total of $50bn from fossil fuels, including from tar sands funds theguardian/environment/2014/sep/22/rockefeller-heirs-divest-fossil-fuels-climate-change https://facebook/jonburgermanartist/photos/a.10150198256823640.317045.9162788639/10152477419968640/?type=1&theater
Posted on: Tue, 23 Sep 2014 06:00:01 +0000