Fossil fuel stocks tumbled while renewable energy soared on Monday, the first day of trading after global leaders cemented their landmark climate pact in Paris.
Under the agreement, countries have pledged to rapidly reduce greenhouse gas emissions in an effort to keep global warming beneath 1.5 degrees Celsius. And it is clear the fossil fuel industry is feeling the heat.
The first day of trading after global leaders cemented their landmark climate pact in Paris, it is clear the fossil fuel industry is feeling the heat. Photo credit: Pieter Morlion / Flickr
According to Reuters, "The MAC Global Solar Energy Index was up 4.5 percent. The iShares Global Clean Energy exchange-traded fund, which allows investors to trade a basket of renewable energy stocks, rose 1.4 percent." At the same time, shares of companies that produce coal, Peabody Energy Corp and Consol Energy Inc. plummeted 12.6 percent and 3.3 percent respectively.
Portfolio manager Thiemo Lang of Zurich's RobecoSAM, which owns solar stocks, told Reuters the Paris agreement "will help boost the mid- to long-term fundamentals in renewable energy generation, especially solar, while making any further investments in fossil fuels increasingly vulnerable."
Indeed, the movement to divest from fossil fuels has long-argued that investing in polluting industries is both economically and environmentally unwise. Earlier this month, the campaign announced that investors representing more than $3.4 trillion in total assets have pledged to divest their holdings from fossil fuels.
Environmental campaigners, who say that the Paris agreement falls drastically short of what's needed to actually address the climate crisis, maintained throughout the COP21 climate talks that a just transition to renewable energy must continue if the world has any hope of limiting temperature rise.
"Pace is now the key word for climate," said 350.org co-founder Bill McKibben after the agreement was finalized. "Not where we’re going, but how fast we’re going there. Pace—velocity, speed, rate, momentum, tempo. That’s what matters from here on in."
"We know where we’re going now," he continued. "No one can doubt that the fossil fuel age has finally begun to wane and that the sun is now shining on, well, solar. But the question, the only important question, is: how fast?"
McKibben added that the agreement must serve as a floor, not a ceiling, for change.
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A "trash tsunami" has washed ashore on the beaches of Honduras, endangering both wildlife and the local economy.
<p>The trash is mostly <a href="https://www.ecowatch.com/tag/plastic" target="_self">plastic</a> waste, <a href="https://www.voanews.com/episode/trash-tsunami-blights-honduras-beach-4427746" target="_blank">Voice of America reported</a> Tuesday, and it is polluting the typically pristine tropical beaches of Omoa in the country's north. Honduran officials said Saturday that the refuse was coming from the mouth of the Motagua River in neighboring Guatemala. It poses a problem for the local economy because it depends on the tourism the beaches attract.</p><p>"This wave of trash which came from the Motagua River really surprised us, and even though it caused problems, it has not stopped our activities," Honduran environment official Lilian Rivera said, as <a href="https://news.yahoo.com/trash-tsunami-blights-honduras-beach-111435040.html" target="_blank">Yahoo News reported</a>. "We are committed to cleaning our beaches and keeping them clean, but today we are demanding that authorities in Tegucigalpa take strong actions, actions to find a permanent solution to this problem."</p><p>Tegucigalpa is the capital of Honduras.</p><p>The Hondoran government, meanwhile, has demanded action from Guatemala to stem the tide of plastic, according to Voice of America.</p>
<p>But the plastic flowing from Guatemala's Motagua River is an ongoing problem for the region, as <a href="https://theintercept.com/2019/10/27/plastic-pollution-guatemala/" rel="noopener noreferrer" target="_blank">The Intercept reported in 2019</a>. The plastic tide is fed by the fact that Guatemala has few managed landfills or wastewater treatment plants. The plastic then washes out in the Caribbean Sea, home to the biodiverse Mesoamerican reef.</p><p>In 2017, the Guatemalan government installed a "bio-fence" in the river to catch some of the waste after the Honduran government threatened a lawsuit over the pollution that reached its beaches. The fence is made of plastic bottles tied together with plastic netting.</p><p>"When it's full, you can practically walk on it," trash removal worker Marco Dubón told The Intercept.</p>
<p>Worldwide, rivers are a major source of ocean plastic pollution: <a href="https://www.facebook.com/watch/?v=10155392528501479" rel="noopener noreferrer" target="_blank">90 percent of it</a> comes from just 10 rivers, scientists found in 2017. The problem is only growing. A study <a href="https://www.ecowatch.com/ocean-plastic-2040-2646793992.html" target="_self">published in July</a> found that around 11 million metric tons of plastic enter marine environments every year, and that number will increase to 29 million metric tons a year by 2040 if no action is taken. Plastic is then a major problem for <a href="https://www.ecowatch.com/tag/marine-life" target="_self">marine life</a>. Seabirds, turtles and marine mammals can become entangled in plastic or eat it by mistake, <a href="https://www.pewtrusts.org/en/research-and-analysis/articles/2018/09/24/plastic-pollution-affects-sea-life-throughout-the-ocean#:~:text=According%20to%20the%20United%20Nations,of%20that%20litter%20is%20plastic.&text=Fish%2C%20seabirds%2C%20sea%20turtles%2C,suffocation%2C%20starvation%2C%20and%20drowning." rel="noopener noreferrer" target="_blank">PEW pointed out</a>. This can lead to strangulation, suffocation or death. It is estimated that plastic kills one million seabirds every year and that half of all sea turtles have swallowed plastic.</p>
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Long-finned pilot whales are seen during a 1998 stranding in Marion Bay in Tasmania, Australia. Auscape / Universal Images Group / Getty Images
More long-finned pilot whales were found stranded today on beaches in Tasmania, Australia. About 500 whales have become stranded, including at least 380 that have died, the AP reported. It is the largest mass stranding in Australia's recorded history.
<p>The stranding started on Monday when the whales became stuck on sandbars in Macquarie Harbor on Tasmania's west coast. Rescue efforts started on Tuesday morning and successfully helped 50 whales back into the water. On Wednesday afternoon, rescuers were trying to save the remaining 30 survivors, <a href="https://www.theguardian.com/environment/2020/sep/23/more-than-450-whales-now-stranded-in-tasmania-after-rescuers-discover-pod-of-200-dead" target="_blank">The Guardian</a> reported.</p><p>"While they're still alive and in water, there's still hope for them — but as time goes on they do become more fatigued," Nic Deka, regional manager for Tasmania's Parks and Wildlife Service, told the <a href="https://www.bbc.com/news/world-australia-54260278" target="_blank">BBC</a>.</p><p>The Tasmanian government officials said that rescue efforts would continue as long as there were survivors. At the same time, The Tasmania Parks and Wildlife Service will address removing the carcasses dotting Macquarie Harbor, the BBC reported.</p>
<p>"We have a couple of options that we are considering, but we need to consider all aspects before we settle on a decision," Deka said in a <a href="https://dpipwe.tas.gov.au/Documents/Media%20Release%20Whale%20Stranding%20Strahan%2023%20September%2012%20pm.pdf" rel="noopener noreferrer" target="_blank">Tasmanian government press release.</a> "We can't leave the whales in the harbor as they will present a range of issues. We are committed to retrieving and disposing but our key priority is to remain focused on the rescue effort."</p><p>The first pod, containing about 270 stranded whales, were spotted Monday near the small town of Strahan. Aerial surveillance found another pod Wednesday morning with about 200 whales further south. Experts believe the two groups represent one mass stranding event, <a href="https://www.cnn.com/2020/09/23/australia/tasmania-whale-stranding-new-pod-intl-hnk-scli/index.html" target="_blank">CNN</a> reported.</p><p>"From the air most of the additional whales detected appear to be dead, but a boat has headed over there this morning to do an assessment from the water," Deka said in the press release.</p>
<p>He explained that the whales were difficult to detect partly because of the dark water. "In that part of the harbor the water is a very dark tannin color so we think potentially they stranded, washed back into the water and then have been washed back into the bay, so that made it more difficult for them to be detected earlier in the piece."</p><p>Tasmania experiences more than 80 percent of Australia's whale stranding events, the BBC reported, although the last mass stranding with more than 50 whales occurred in 2009.</p><p>There's no clear reason why stranding occurs, but several theories exist, including the notion that whales become confused if they get too close to the shoreline. Since whales are social creatures, it might take only one confused whale to lead an entire pod ashore, BBC reported.</p>
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A protest in solidarity with the Wetʼsuwetʼen's anti-pipeline struggle, at Canada House in Trafalgar Square on March 1, 2020 in London, England. More than 200 environmental groups had their Facebook accounts suspended days before an online solidarity protest. Ollie Millington / Getty Images
Facebook suspended more than 200 accounts belonging to environmental and Indigenous groups Saturday, casting doubt on the company's stated commitments to addressing the climate crisis.
<p>The suspensions came days after Facebook launched a <a href="https://www.facebook.com/climatescienceinfo/" target="_blank">Climate Science Information Center</a> to correct widely-shared posts that spread disinformation about climate change, <a href="https://www.theguardian.com/environment/2020/sep/22/facebook-climate-change-environment-groups-suspended?fbclid=IwAR0RFAFizQbp6B206VEU-mxSUQs0AD15d6qDEgK0LjzWr6dO_-NJlf2quhQ" target="_blank">The Guardian pointed out</a>. The same week, Facebook <a href="https://www.ecowatch.com/google-facebook-climate-commitments-2647660142.html" target="_self">also pledged</a> to achieve carbon neutrality by 2030. But the activist groups expressed doubt about Facebook's priorities, saying they were locked out of their accounts days before a planned protest against a <a href="https://www.ecowatch.com/tag/fossil-fuels" target="_self">fossil fuel</a> company building a <a href="https://www.ecowatch.com/tag/pipelines" target="_self">pipeline</a> through Indigenous land.</p><p>"Actions speak louder than words and once again Facebook has taken actions that are in stark contrast to public statements from the company," senior corporate campaigner at <a href="https://secure.greenpeaceusa.org/fires-2020/?&utm_source=website&utm_medium=takeover&utm_campaign=fires_2020" target="_blank">Greenpeace USA</a> Elizabeth Jardim told The Guardian. "The recent bans targeting people fighting to save their communities from climate change and the continued exploitation of fossil fuel companies show us that when push comes to shove, Facebook will side with polluters at the cost of their users' trying to organize."</p>
<p>Greenpeace USA reported it <a href="https://www.greenpeace.org/usa/news/facebook-suspends-hundreds-of-accounts-associated-with-online-event-targeting-coastal-gaslink-pipeline/" target="_blank">was one</a> of the suspended groups, along with others including Rainforest Action Network, Presente.org and Wet'suwet'en Access Point on Gidimt'en Territory. The groups were all co-hosts of an event in May targeting the company KKR & Co. Inc., which is the new majority funder of the Coastal GasLink <a href="https://www.ecowatch.com/tag/natural-gas" target="_self">natural gas</a> pipeline that the Wet'suwet'en community <a href="https://www.ecowatch.com/pipeline-blockade-british-columbia-2625969371.html" target="_self">is fighting</a> to keep off its unceded land in British Columbia. Another online protest against the company had been scheduled for Monday.</p><p>The accounts were told they were being suspended for three days for "copyright infringement," Greenpeace said.</p><p>"The timing was more than suspect," Delee Nikal, a Wet'suwet'en activist from the Gidimt'en clan, told <a href="https://www.nationalobserver.com/2020/09/21/news/facebook-suspends-then-reinstates-hundreds-accounts-linked-anti-coastal-gaslink" target="_blank">Canada's National Observer</a>. "We would like to have transparency in this situation."</p>
<p>Facebook, meanwhile, claimed the accounts were suspended by accident and had since been reinstated.</p><p>"Our systems mistakenly removed these accounts and content," a company spokesperson told the National Observer.</p><p>The company did not provide any more information about how or why the mistake was made. Most of the accounts were able to post Monday night, but some are still locked out, Greenpeace's Valentina Stackl said.</p>
<p>The suspended activists also pointed out that the social media giant has allowed right-wing groups and posts to spread false information or encourage violence without suspending them. For example, the CO2 Coalition, a group that argues carbon dioxide is beneficial, was able to bypass a Facebook fact check this month by publishing its article as opinion, The Guardian pointed out. Facebook also refused to act on complaints when a militia group used the platform to urge armed people to attend a Black Lives Matter protest in Kenosha, Wisconsin, according to the National Observer.</p><p>"We are not surprised by the actions that Facebook has taken," Nikal told Greenpeace. "This once again exposes the white supremacy inherent in the system. Videos of extreme violence, alt-right views and calls for violence by militias in Kenosha, Wisconsin, are allowed to persist on Facebook. Yet, we are banned and receive threats for permanent removal, for posting an online petition. Facebook is actively suppressing those who oppose fascism and the colonial capitalists."</p>
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The Västra Hamnen neighborhood in Malmö, Sweden, runs on renewable energy. Tomas Ottosson / Wikimedia Commons / CC by 3.0
By Harry Kretchmer
By 2030, almost a third of all the energy consumed in the European Union must come from renewable sources, according to binding targets agreed in 2018. Sweden is helping lead the way.
<p>As well as targeting <a href="https://sweden.se/nature/energy-use-in-sweden/" target="_blank">100% renewable electricity production</a> by 2040, the country is <a href="https://www.buildup.eu/sites/default/files/content/transforming-a-residential-building-cluster-into-electricity-prosumers-in-sweden.pdf" target="_blank">transforming homes into highly efficient 'prosumers'</a> - buildings which both produce and consume the vast majority of their own energy.</p><p><span></span>Meanwhile local 'district heating' plants are using excess heat to produce <a href="https://www.sciencedirect.com/science/article/pii/S0301421520304080" target="_blank">over 75% of the warmth that Swedish households need</a>. The country also manages to combine the world's highest carbon taxes with <a href="https://www.thelocal.se/20200124/why-electricity-prices-are-low-in-sweden-right-now" target="_blank">relatively cheap energy prices</a>.</p><p>These are all reasons why Sweden tops the <a href="http://www3.weforum.org/docs/WEF_Fostering_Effective_Energy_Transition_2020_Edition.pdf" target="_blank">Forum's Energy Transition Index</a> - providing environmental leadership at a time when a <a href="https://www.weforum.org/great-reset/" target="_blank" rel="noopener noreferrer">Great Reset</a> has never been more needed. Here's how Sweden is building up local solutions in its energy revolution.</p>
<img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDQzMzEyOS9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTY1OTU2OTQ1Nn0.lCCzsNTLPm6fhSrx0TYLxHqceeW6KKm2_uItDuHATEc/img.png?width=980" id="a42bf" class="rm-shortcode" data-rm-shortcode-id="3bdefd81caddfc39dd77bf3e0ca9b203" data-rm-shortcode-name="rebelmouse-image" />
Sweden is a world leader in renewable energy consumption. Swedish Institute/World Bank
Naturally Warm
<p>54% of Sweden's power comes from renewables, and is helped by its geography. With plenty of moving water and 63% forest cover, it's no surprise the <a href="https://sweden.se/nature/energy-use-in-sweden/#" target="_blank">two largest renewable power sources</a> are hydropower and biomass. And that biomass is helping support a local energy boom.</p><p>Heating is a key use of energy in a cold country like Sweden. In recent decades, as fuel oil taxes have increased, the country's power companies have turned to renewables, like biomass, to fuel local 'district heating' plants.</p><p>In Sweden these trace their <a href="https://www.sciencedirect.com/science/article/pii/S0360544217304140#fig3" target="_blank">origins back to 1948</a>, when a power station's excess heat was first used to heat nearby buildings: steam is <a href="https://www.sciencedirect.com/topics/engineering/district-heating-system" target="_blank">forced along a network of pipes</a> to wherever it's needed. Today, there are around 500 district heating systems across the country, from major cities to small villages, providing heat to homes and businesses.</p><p>District heating used to be fueled mainly from the <a href="https://www.sciencedirect.com/science/article/pii/S0360544217304140" target="_blank">by-products of power plants</a>, waste-to-energy plants and industrial processes. These days, however, Sweden is bringing more renewable sources into the mix. And as a result of competition, this localized form of power is now the country's<a href="https://www.sciencedirect.com/science/article/pii/S0360544217304140#fig3" target="_blank" rel="noopener noreferrer"> home-heating market leader.</a></p><img lazy-loadable="true" src="https://assets.rebelmouse.io/eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJpbWFnZSI6Imh0dHBzOi8vYXNzZXRzLnJibC5tcy8yNDQzMzE0OC9vcmlnaW4ucG5nIiwiZXhwaXJlc19hdCI6MTYxOTk2MDE5NH0.AtGztm8u1Chy4nEcQ4YG0L7Vixfc4a0VhxJ9RM3ZlPc/img.png?width=980" id="a3224" class="rm-shortcode" data-rm-shortcode-id="bd8e92706785ef8c7aadb1319d23007d" data-rm-shortcode-name="rebelmouse-image" />
Sweden is using smart grids to turn buildings into energy producers. Huang et al/Elsevier
Energy ‘Prosumers’
<p>But Sweden doesn't stop at village-level heating solutions. Its new breed of energy-generation takes hyper-local to the next level.</p><p>One example is in the city of Ludivika where 1970s flats <a href="https://www.buildup.eu/sites/default/files/content/transforming-a-residential-building-cluster-into-electricity-prosumers-in-sweden.pdf" target="_blank">have recently been retrofitted with the latest smart energy technology</a>.</p><p>48 family apartments spread across 3 buildings have been given photovoltaic solar panels, thermal energy storage and heat pump systems. A micro energy grid connects it all, and helps charge electric cars overnight.</p><p>The result is a cluster of 'prosumer' buildings, producing rather than consuming enough power for 77% of residents' needs. With <a href="http://www.diva-portal.org/smash/get/diva2:1232060/FULLTEXT01.pdf" target="_blank" rel="noopener noreferrer">high levels of smart meter usage</a>, it's a model that looks set to spread across Sweden.</p><div id="d7bf9" class="rm-shortcode" data-rm-shortcode-id="8757b138d5570bec9d6aad18074a429a"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1273556364263071744" data-partner="rebelmouse"><div style="margin:1em 0">Read more about Western Harbour and book a visit: https://t.co/ujSmVs9rNK 🏡🌳🌊 https://t.co/C5PuPziqIM</div> — Smart City Sweden (@Smart City Sweden)<a href="https://twitter.com/SmartCitySweden/statuses/1273556364263071744">1592474473.0</a></blockquote></div>
Scaling Up
<p>A recent development by E.ON in Hyllie, a district on the outskirts of Malmö, southern Sweden, <a href="https://www.eonenergy.com/blog/2019/February/sweden-smart-city" target="_blank">has scaled up the smart grid principle</a>. Energy generation comes from local wind, solar, biomass and waste sources.</p><p>Smart grids then balance the power, react to the weather, deploying extra power when it's colder or putting excess into battery storage when it's warm. The system is not only more efficient, but bills have fallen.</p><p>Smart energy developments like those in Hyllie, Ludivika, and renewable-driven district heating, offer a radical alternative to the centralized energy systems many countries rely on today.</p><p>The EU's leaders have a challenge: how to generate 32% of energy from renewables by 2030. Sweden offers a vision of how technology and local solutions can turn a goal into a reality.</p>From Your Site Articles
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An Extinction Rebellion protester outside the Bank of England on Oct. 14, 2019 in London, England. John Keeble / Getty Images
By Jessica Corbett
In another win for climate campaigners, leaders of 12 major cities around the world — collectively home to about 36 million people — committed Tuesday to divesting from fossil fuel companies and investing in a green, just recovery from the ongoing coronavirus pandemic.
<p>The announcement from C40 Cities — a global network of communities dedicated to tackling the <a href="https://www.ecowatch.com/tag/climate-crisis">climate emergency</a> — came on day two of <a href="https://www.climateweeknyc.org/climate-week-nyc-2020" target="_blank">Climate Week NYC</a>, some of which is being held online because of the COVID-19 crisis.</p><p>"Now is the time to divest from fossil fuel companies and undertake investment and policy change that prioritizes public and planetary health, building back a more equal society and addressing this climate emergency," <a href="https://www.c40.org/press_releases/cities-commit-divest-invest" target="_blank">declared</a> New York City Mayor Bill de Blasio.</p><p>"In New York City, we know that taking action on climate change is not optional," added de Blasio, whose community has been hit hard by the pandemic. "As we recover from COVID-19, we must make our cities even stronger."</p>
<p>In 2018, de Blasio and London Mayor Sadiq Khan established the first-of-its-kind Divest/Invest Forum to help city leaders shift money away from fossil fuels and toward the creation of low-carbon jobs. Khan said Tuesday that his city has "demonstrated that divestment is possible and indeed essential for our future."</p><p>"Through our work with New York and C40, I'm delighted to bring together 10 more cities to join us in taking Divest/Invest action," he added. "As the world recovers from COVID-19, we need to work together to ensure a fairer, fossil-fuel-free green recovery."</p><p>Berlin, Bristol, Cape Town, Durban, Los Angeles, Milan, New Orleans, Oslo, Pittsburgh and Vancouver have all signed on to C40's declaration, "<a href="https://www.c40.org/divest-invest" target="_blank">Divesting from Fossil Fuels, Investing in a Sustainable Future</a>."</p>
<div id="401b5" class="rm-shortcode" data-rm-shortcode-id="f557fec553a3680fde961b824afb0188"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1308441659798171649" data-partner="rebelmouse"><div style="margin:1em 0">We are proud to be one of 12 cities around the world committing to
@c40cities' declaration “Divesting From Fossil… https://t.co/qelg6N2x7o</div> — LDNMayor Environment (@LDNMayor Environment)<a href="https://twitter.com/LDN_environment/statuses/1308441659798171649">1600791776.0</a></blockquote></div>
<p>"We're in a make-or-break decade for the preservation of our planet and our livelihoods," said C40 chair and Los Angeles Mayor Eric Garcetti. "Our declaration makes a clear statement: If we're serious about a sustainable, just, and prosperous future, we have to put our money where our mouth is, remove public dollars from companies harming the Earth, and power our cities with bold investments in low-carbon industries."</p><p>Specifically, the mayors are committing to taking all possible steps to divest city assets from fossil fuel companies and increase investments in climate solutions; calling on pension funds to follow suit; and advocating for fossil-free and sustainable finance by other investors and all levels of government. A C40 statement called the declaration "a critical next step towards realizing the vision for a Global Green New Deal, announced last October at the C40 World Mayors Summit in Copenhagen, Denmark."</p>
<p>The mayors' latest move comes as western U.S. states including California battle <a href="https://www.cnn.com/2020/09/16/us/west-coast-wildfires-wednesday/index.html" target="_blank" rel="noopener noreferrer">unprecedented wildfires</a> while the Gulf Coast recovers from <a href="https://www.commondreams.org/news/2020/09/17/bolstering-calls-climate-action-mutant-sloth-hurricane-sally-leaves-major-mess-gulf" target="_blank" rel="noopener noreferrer">Hurricane Sally</a> and prepares for the possibility of more storms. Scientists have emphasized that both the intense blazes and slow-moving, destructive hurricanes are connected to global heating that results from human activity, especially the burning of fossil fuels.</p><p>"The declaration sends a loud clear message to the fossil fuel industry," <a href="https://www.commondreams.org/newswire/2020/09/22/may-boeve-joins-mayors-12-major-cities-committed-divest-fossil-fuel-companies" target="_blank" rel="noopener noreferrer">said</a> 350.org executive director May Boeve, whose advocacy group has spearheaded <a href="https://www.commondreams.org/news/2020/04/30/ahead-may-day-500-groups-worldwide-demand-just-and-visionary-recovery-covid-19" target="_blank" rel="noopener noreferrer">demands</a> for a green, just recovery. "As we watch wildfires burn in the U.S. and devastating floods in parts of Africa, we know that fossil fuels are not a safe investment: the sector is too volatile to be <a href="https://350communications.cmail19.com/t/t-l-xbdyky-autddlkti-y/" target="_blank" rel="noopener noreferrer">deeply vulnerable</a>, it is time to divest from fossil fuels and invest in the green and just recovery of the future."</p><p>Globally, over $200 billion in COVID-19 recovery funding <a href="https://www.energypolicytracker.org/" target="_blank">has been</a> pledged to fossil fuels. Boeve argued that "it is essential to ensure that today's investments do not lock-in polluting technologies and carbon-intensive industries. Investments should instead support the solutions we need to avert climate breakdown, create good jobs, advance environmental justice, and support livable communities."</p>
<p>Signatories to the C40 declaration agree. "Pulling out of climate-damaging and ethically problematic investment strategies is a key step in the transition to a sustainable economy," said Michael Müller, governing mayor of Berlin. "The fact that C40 cities are taking this ambitious step and actively promoting divestment sends an important political signal."</p><p>Last year, the Vancouver City Council took action to divest city and staff pensions from fossil fuels. By signing the declaration, said Mayor Kennedy Stewart, "we are furthering this work, which aligns with City Council's 2019 vote to unanimously recognize a global climate emergency and local climate crisis."</p><p>Former Vancouver City Councillor Andrea Reimer participated Tuesday in an NYC Climate Week event, hosted by <a title="Original URL: https://linkprotect.cudasvc.com/url?a=https%3a%2f%2fStand.earth&c=E,1,2oxw9peuNmXdM3-IVcc3MU11FD_LpPqn-0YYMY8KmkFp8NKhgi2ZwWQXVWeT5o0wya6eaAe1o1OsEUOQmuOPrNUC_6Kg7lbHWBzKsIBd9VP2wi5M&typo=1. Click or tap if you trust this link." href="https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flinkprotect.cudasvc.com%2Furl%3Fa%3Dhttps%253a%252f%252fStand.earth%26c%3DE%2C1%2C2oxw9peuNmXdM3-IVcc3MU11FD_LpPqn-0YYMY8KmkFp8NKhgi2ZwWQXVWeT5o0wya6eaAe1o1OsEUOQmuOPrNUC_6Kg7lbHWBzKsIBd9VP2wi5M%26typo%3D1&data=01%7C01%7Cepollak%40theclimategroup.org%7C9395c5b8b70e4330779508d83fbec0e6%7Cdc6bc025abec4b55b2a05a63afca742b%7C0&sdata=NRWAlXdDOHBf97iPAqWNbffp1%2B%2F943LF%2B%2BxIqi%2BAKPU%3D&reserved=0" target="_blank">Stand.earth</a>, about local efforts to facilitate "a just transition to <a href="http://www.ecowatch.com/renewable-energy/">renewable energy</a>, a green recovery, and a livable climate."</p>
<div id="4ec15" class="rm-shortcode" data-rm-shortcode-id="75b9da530a37a63517787159519175e3"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1308466188532346880" data-partner="rebelmouse"><div style="margin:1em 0">We’re live at #ClimateWeekNYC! Our “Cities Lead: Phasing Out Fossil Fuels” event is happening 2-3:30pm ET today. Fo… https://t.co/c4cpi7KlQU</div> — Stand.earth (@Stand.earth)<a href="https://twitter.com/standearth/statuses/1308466188532346880">1600797624.0</a></blockquote></div>
<p>The event — which also featured speakers from Stand.earth, Baltimore, Berkeley, and King County, Washington — included sample policies, success stories and resources for grassroots organizers and local government leaders.<br></p>
<p><em>Reposted with permission from <a href="https://www.commondreams.org/news/2020/09/22/mayors-12-major-global-cities-home-36-million-people-make-unified-fossil-fuel" target="_blank">Common Dreams</a>.</em></p>From Your Site Articles
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