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Record Fossil Fuel Divestment Announced by Catholic Church

Wednesday, a coalition of 40 faith institutions on five continents have jointly just announced their divestment from fossil fuels. This is a big moment for both the global divestment movement and faith community, and we need to keep this momentum going strong.

This commitment well and truly quadruples the one announced in May, when nine Catholic organizations divested. We need to celebrate it and also seize the opportunity to build upon this moment.

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Energy
Irma Omerhodzic

Northland College Becomes 747th Institution to Divest from Fossil Fuels

The Northland College Board of Trustees voted Friday to fully divest Northland College's endowment funds from fossil fuels in the next five years.

Approximately 2.9 percent of the college's $28 million endowment—about $823,000—is currently invested in fossil fuels, according to the Carbon Underground 200, an annually updated global listing of the top 100 public coal, and the top 100 natural gas and oil companies. These investments will be replaced with more socially responsible investments with no new endowment funds invested in fossil fuel companies.

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NY AG: Exxon Misled Investors on Cost of Climate Regs

By Jamie Henn

New documents from the New York State Attorney General show that while now Sec. of State Rex Tillerson was CEO of ExxonMobil, the company actively misled shareholders about climate risk and deleted "untold numbers" of documents related to climate change, including many of Tillerson's own personal emails he sent under his "Wayne Tracker" alias.

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350.org

Exxon Shareholders Score Major Climate Victory

By Jamie Henn

Shareholders of ExxonMobil voted by a 62.3 percent shareholder majority Wednesday instructing the oil giant to report on their impacts on climate change. The result of this vote is a sign that activist pressure on the company is working, said 350.org, a leading international climate campaign.

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U.S. Bank Becomes First Major Bank to Stop Financing Pipeline Construction

U.S. Bank has become the first major bank in the U.S. to formally exclude gas and oil pipelines from their project financing. This groundbreaking change to their Environmental Responsibility Policy was publicly announced at the annual shareholders meeting in Nashville in April.

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Epic Climate March Activates Communities to Transition to 100% Renewable Energy

Following the epic April 29 Climate March for jobs, justice and climate, organizers are focusing on building powerful and lasting change at the local and state level.

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100% Clean Energy Bill Launched by Senators to Phase Out Fossil Fuels by 2050

Ahead of the People's Climate March, Senators Jeff Merkley, Bernie Sanders and Ed Markey stood beside movement leaders to introduce legislation that will completely phase out fossil fuel use by 2050. The "100 by '50 Act" outlines a bold plan to support workers and to prioritize low-income communities while replacing oil, coal and gas with clean energy sources like wind and solar.

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Church Founded by Rockefellers Divests From Fossil Fuels

New York City's Riverside Church, founded by the Rockefellers and the tallest church in the U.S., announced Tuesday that it intends to divest its $140 million endowment from all fossil fuels within five years. It has already divested from coal and this builds on that action in the lead up to the Peoples Climate March and Global Divestment Mobilization.

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'The Science March Is About Respecting Science, the People's Climate March Is About Acting on It'

This Saturday's March for Science is inherently connected to the April 29 People's Climate March, climate scientists and environmentalists say: one march is about listening to science, the other is about acting on it.

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