It’s time for local authorities to take the lead in moving away from dependence on fossil fuels. Fossil Free Oxfordshire is calling on Oxfordshire County Council and Oxford City Council to stop spending public money on fossil fuels. The campaign asks them to do two things:
1. Immediately freeze any new investments in fossil fuels
2. Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years
Why? Because investing in fossil fuels is both economically and environmentally unsustainable. It’s bad for the future performance of their financial investments (which they’re making on our behalf, with our money) and more importantly, it’s bad for our future on this planet.
The petition calling on the councils is now very close to 400 signatures. Could you help to spread the word and make Fossil Free Oxfordshire look like a force to be reckoned with?
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