SEATTLE DIVEST CAMPAIGN

 

A short video from The Guardian explaining what divestment is and why it is part of the solution

Divesting from fossil fuels is both the morally and financially responsible thing to do. That is why we are pushing the City of Seattle to become the first city in the United States to fully divest from fossil fuels.

We hope that this campaign will be driven by the energy and passion of City of Seattle employees and retirees. 
                                                                                      To find out more about how to join the team and  get involved, if you are a City of Seattle member                                                                                                 please contact us: info@north
westdivest.org

                            And please take a moment to
 SIGN THE PETITION and the PLEDGE OF ACTION


ALREADY OVER $3.4 TRILLION WORTH OF INVESTMENT CAPITAL AND OVER 500 INSTITUTIONS, FOUNDATIONS, CHURCHES AND MUNICIPALITIES HAVE COMMITTED TO DIVESTING FROM FOSSIL FUELS; INCLUDING:

OTHER INSTITUTIONS COMMITTED TO DIVESTMENT INCLUDE OXFORD UNIVERSITY, STANFORD UNIVERSITY, YALE UNIVERSITY AND THE CHURCH OF ENGLAND. 

THE QUESTION IS:  WILL THE CITY OF SEATTLE JOIN THEM?

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DIVESTMENT, THE MORAL CASE: Just as it is immoral to profit from the tobacco industry whose economic models are dependent upon causing harm to the health of individuals, it is immoral to profit from the fossil fuel industry whose business models are dependent on major climate destabilization that will harm the lives of many millions of people around the globe.

Please see here for a fuller explanation of the moral case for divesting from fossil fuels

DIVESTMENT, THE FINANCIAL CASE: A number of widely respected financial analysts, including the Aperio Group, IMPAX Asset Management and MSCI, have shown that fossil-free funds are now regularly outperforming funds that include the fossil fuel industry. What is more there has now been widespread recognition -- from the Bank of England to the World Bank -- of the existence of a carbon bubble; that is to say that while fossil fuel industries are currently valued by the fossil fuel reserves that they currently own, many of these reserves may never be brought to market if the world takes the action required to tackle climate change, creating a situation in which many trillions of dollars could be wiped from the valuations of fossil fuel industries, affecting pension funds and investment portfolios across the globe.

Please see here for a fuller explanation of the financial case for divesting from fossil fuels 

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TELL THE MAYOR AND CITY COUNCIL THAT YOU SUPPORT DIVESTMENT FROM FOSSIL FUELS!!!

If you support the City of Seattle joining the fossil fuel divestment movement please take two minutes to fill out this form and send a message to Mayor Murray and all of our City Council Members telling them that you support
fossil fuel divestment!