Australians are increasingly waking up to the fact that their finances are being used to expand the climate-polluting fossil fuel industry and exacerbate climate change.
In an urgent bid to slow down the worsening impacts of global overheating, thousands of Aussies are divesting from climate pollution – switching to ethical super and banks which don’t loan to big polluters.
A super fund, churches, doctors and some universities are among those leading the switch to ethical investment at this critical time (2014 is on track to be the hottest on record). National days of divestment have been held in October and May with public events around the country.
The $8 billion Local Government Super Fund is dumping investments impacting climate change.
120 University of New South Wales academics and alumni have called on UNSW to divest following the Australian National University’s decision to divest from seven fossil fuel companies.
Read the full letter from UNSW Academics for Divestment.
Read the media release from ANU about its ethical move.
Fossil-free University of Queensland staff and academics call on UQ to divest – read the full letter.
Students put the Coalition on notice over climate change – Canberra Times
Glasgow university sells fossil fuel shares – Financial Times
BBC: Australia the worst polluter per head of population in the developed world. It is also the largest coal exporter. The burning of Australian coal is leading to sea level rises – endangering South Pacific island nations.
See who loans your money to the big polluters, and put your bank on notice via www.MarketForces.org.au
Find out if your super is funding climate pollution via www.superswitch.org.au
Get daily news updates on climate change news and information via the 50 degrees? Facebook page
Check out and support organisations raising awareness of the urgent need for climate action and divestment from fossil fuel pollution such as: 350 Australia MarketForces Go Fossil Free Australian Ethical Super Future Super Australian Youth Climate Coalition Doctors for the Environment Australia Lock the Gate Alliance