It’s official: largest divestment commitment yet

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It’s official: largest divestment commitment yet

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Charlie Wood – 350.org Australia <350@350.org> Unsubscribe

10:04 AM (2 minutes ago)

to me

Dear friends,

It’s official and unanimous: overnight, Norway’s parliament voted to sell its country’s pension fund shares in companies that mine and burn coal. This is the largest fossil fuel divestment ever, with a staggering $8.8bn being moved out of the world’s dirtiest fossil fuel industry.

Can you tell your super fund to follow in Norway’s footsteps by divesting from fossil fuels? Click here to email your fund today.*

Norway’s decision sends the clearest possible signal to all investors and governments worldwide —  it’s time to get out of coal and move beyond fossil fuels, or you’ll be left behind.

Will your super fund be next? Australia’s super funds have a whopping $1.8 trillion of our money in their hands, much of this invested in fossil fuels. But if the world’s largest fund can divest, then so can they.

Send an email to your super fund asking them to divest today!

Almost 50,000 people helped to shine an international spotlight on Norway’s dirty investments and rapidly shifted all of its political parties to support divestment — today’s vote was unanimous: coal is an unethical investment.

Now it’s time to persuade Australia’s super funds that divestment is the right thing to do, right now.

It’s thanks to divestment supporters like you that wins like Norway’s are possible. Well done and thank you to you all!

Charlie for the 350.org team

*Type in your fund, click on its profile and then select “ask for fossil fuel divestment” from the right hand side-bar options.

P.S. Today is only the first (big) step in the campaign to #DivestNorway fully from fossil fuels — it has a long way to go to divest itself fully of fossil fuel companies. But, it’s a promising victory for our movement  and we’re in it for the long-haul — join us.

P.P.S. Did you hear? On Wednesday, Australia’s largest specialist medical college announced they’ll divest all fossil fuel companies from their $90 million fund. Share this great news here.


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