From: "Green America" <email@example.com>
Date: Mar 5, 2013 6:26 AM
Subject: How you can pull the plug on Big Oil, Gas, and Coal
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Dear Daniel Stafford,
So said President Barack Obama in his State of the Union address. But with government stuck in partisan gridlock, the problem of climate change stands little chance of action in Congress.
Use Your Investments to Combat Climate Change
Our new Web page greenamerica.org/fossilfree pulls together all the best fossil-free investing resources: fossil-free and clean-energy mutual funds, and responsible financial planners who can build a fossil-free portfolio for you.
Fossil Fuel Divestment Interviews
1. Editor-in-chief Tracy Fernandez Rysavy interviews Bob Massie, President and CEO of the New Economy Coalition, a major actor in the South African divestment movement and strong supporter of fossil-fuel company divestment.
BOB MASSIE: "As people draw the conection between the destruction we witnessed in Hurrican Sandy and Big Oil CEOs happily enjoying multi-billion-dollar profits, people will realize that this is an industry that is attacking the public interest." »
PETE KRULL: "I see no compelling reason why fossil fuels are a must-have in any portfolio -- especially if you're a long-term investor. With the onset of peak oil, and inevitable regulatory changes related to climate change, I don't think it makes sense to invest in these dinosaurs." »
LAUREN RESSLER: "We have gone from 40 campuses in September to more than 234 that have started petitions and are beginning the divestment campaign. I would definitely say that divestment is taking off." »
More from the Green American
Find more information on climate divestment in selections from our Green American magazine, like Tracy Fernandez Rysavy's background article, Putting the Big Squeeze on Big Oil, Gas, and Coal, and Andrew Korfhage's instructional article, How to Invest Fossil Fuel Free.
In Andrew's article, John Steur, president of socially responsible mutual fund company Portfolio 21 tells us that: "Investing in fossil fuel today seems like investing in the whaling industry in the mid-1800s -- old technology, still dominant, but clearly not the future. Our ability to power the global economy beyond the current age of fossil fuels will be the most important transformation ever made by our industrial society."
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