We urge the Pacific Northwest's leading institutions, foundations and municipal governments to lead the fight against climate change by joining the fossil fuel divestment movement.
Watch this short introduction to fossil fuel divestment.
Last year we worked hard to push the Gates Foundation to divest from fossil fuels. They responded by selling all $187 million of their BP stock and reducing their fossil fuel investments by over a third. This year we are asking the City of Seattle pension fund to join the $5.2 trillion that has already committed to divesting from fossil fuels.
If the City of Seattle's pension board votes to divest from fossil fuels they would be the first pension board to do so in the United States, setting an exciting and important precedent that could set in motion a huge ripple effect across the country.
By voting to divest the City of Seattle could be part of helping to ensure that billions of dollars are removed from the fossil fuel sector and re-invested in clean energy.
To read more about the moral argument for divesting from fossil fuels please click here.
And to read much more on why it is also a financially prudent move to divest from fossil fuels please click here.