The Oxfordshire local authorities and the University of Oxford have investment portfolios that include both direct and indirect investments in fossil fuel companies. But according to the IPCC, in order to avoid dangerous climate tipping points, 60-80% of known fossil fuel reserves must remain underground. They are “unburnable” assets from a climate perspective. Something doesn’t add up.
The Fossil Free Future rally in Oxford demands a stop to the “carbon bubble”, asking organisations such as Oxford City Council to stop investing in fossil fuels and start investing in a cleaner energy future. The march begins at 10:30 am from the Radcliffe Camera and finishes with a rally in Bonn Square at noon. This event is not organised by WDM.
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