Friday 13th and Saturday 14th February will be marked as Global Divestment Days.
What is divestment anyway?
Divestment is a simple idea: you stop investing in fossil fuel extraction. Many otherwise ethical organisations have a history of funding the climate crisis through investment in fossil fuel companies. That’s no longer acceptable now that the link between fossil fuels and climate change has been proved beyond doubt. But big organisations are slow to change; hence the massive global divestment movement, because we don’t have time to keep funding climate chaos.
What’s going on in Oxfordshire?
On Global Divestment Day there will be a rally in Bonn Square at 1pm, preceded by demonstrations from the different groups involved in the campaign. There will also apparently be a flashmob in the city centre.
Any progress yet?
Good: the Church of England is already on board. Oxford Diocese, who recently passed a motion in support of divestment from fossil fuels.
Bad: Oxfordshire County Council still has pension funds invested in fossil fuels. There’s a petition asking the county council to divest, which will be handed over on Friday 13th as part of the celebrations.
I want to know more!
Email fossilfreeoxon@gmail.com with any questions!
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