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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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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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Oceti Sakowin Camp, Standing Rock, November 2016. Osprey Orielle Lake / Women's Earth & Climate Action Network

Standing Against the Banks: DAPL Divestment and Water Protectors' Fight for Justice, Indigenous Rights, Water and Life

By Michelle Cook and Osprey Orielle Lake

Despite shifts in the terrain of struggle, the courageous and determined Water Protectors of the movement to stop the Dakota Access Pipeline (DAPL) continue to stand strong, gain momentum and mobilize in diverse and effective ways in their work to protect Indigenous rights, water and life in North Dakota and beyond.

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Top of JPMorgan Chase Tower, Dallas, Texas. Joe Mabel / Wikimedia

37 of the World's Biggest Banks Fueling Climate Change

A report released Wednesday by Rainforest Action Network, BankTrack, Sierra Club and Oil Change International, in partnership with 28 organizations around the world, revealed that the world's biggest banks are continuing to fuel climate change through the financing of extreme fossil fuels.

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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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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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Indigenous Women's Divestment delegates outside of Credit Suisse in Zurich, Switzerland before their meeting with the bank. (L-R) Michelle Cook, Tara Houska, Autumn Chacon, Wasté Win Young and Dr. Sarah Jumping Eagle. Photo credit: Osprey Orielle Lake / WECAN

Indigenous Women of Standing Rock Resistance Movement Speak Out on Divestment

By Osprey Orielle Lake

Despite the termination of the Environmental Impact Statement for the Dakota Access Pipeline (DAPL) by the U.S. Trump administration and the oil now filling the pipeline beneath the Standing Rock Sioux people's sacred Lake Oahe—Indigenous women leaders and their global allies remain unyielding in their quest for justice and healing regarding the violations of Indigenous rights and human rights being carried out through the development of DAPL and other fossil fuel projects across North America.

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Photo credit: Fossil Free Penn

With Sleeping Bags in Tow, 33 Students Begin Sit In Demanding University Divestment From Fossil Fuels

By Fossil Free Penn

At 9 a.m. today, 33 students at the University of Pennsylvania entered College Hall, sleeping bags in tow, to sit in with two demands. These demands were:

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Business

Carbon Bubble Is Bursting as Divestment Takes Hold

By Clara Vondrich

Where goes investment, there goes the climate. This is the fact today as we stand on the brink of locking in irreversible climate change with our fossil-heavy economy. Like never before, institutional investors have the power to make or break the future.

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