The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
The Guardian Divests $1.2 Billion Fund From Fossil Fuels
Here's how far we've come in just a couple of years: One of the world’s most respected and influential news organizations—the Guardian Media Group—announced Wednesday that it will divest from fossil fuels.
The move follows the launch of The Guardian's own climate change campaign, in partnership with 350.org, to press two of the world’s largest charitable foundations to stop investing in oil, coal and gas companies.
The chairman of the Guardian Media Group called the move a "hard-nosed business decision" that is justified on both ethical and financial grounds. I couldn't agree more.
It was also the second billion-dollar divestment commitment in just two days: Syracuse University in New York also ditched fossil fuels this week, demonstrating once again that cutting ties with the fossil fuel industry is both feasible and responsible.
Now is the time to increase the pressure on the Bill & Melinda Gates Foundation and the Wellcome Trust, two of the world's largest charities, and both explicitly dedicated to global health—to do the same. Can you help us reach 200,000 signatures this week?
Add your name to the petition calling on the Bill & Melinda Gates Foundation and the Wellcome Trust to stop investing in the climate crisis.
The Guardian Media Group is leading by example by divesting its entire £800 million (aka $1.2 billion) fund from fossil fuels and committing to invest in socially responsible alternatives instead. You can watch a video and find out more about The Guardian decision here.
When the roll of honor for action on climate change is someday called, I believe The Guardian’s name will be high on the list. They’ve taken a bold step in joining the fight to keep fossil fuels in the ground, both through their journalism and their own investments.
As Alan Rusbridger, their editor-in-chief said: “What was a trickle is becoming a river and will, I suspect, become a flood.”
Let’s make sure The Guardian's divestment commitment sends a strong signal to other foundations—as well as universities, cities, states, churches and any institution that holds money and is dedicated to the public good—to get on the right side of history too.
YOU MIGHT ALSO LIKE
EcoWatch Daily Newsletter
The Return of a Relative: Tribal Communities in the Northern Great Plains Rally Around Bison Restoration
By Clay Bolt
On Oct. 11 people around the world celebrated the release of four plains bison onto a snow-covered butte in Badlands National Park, South Dakota.
The climate crisis has put at least 945 designated toxic waste sites at severe risk of disaster from escalating wildfires, floods, rising seas and other climate-related disasters, according to a new study from the non-partisan Government Accountability Office (GAO), as the AP reported.
By Bailey Hopp
If you had to choose a diamond for your engagement ring from below or above the ground, which would you pick … and why would you pick it? This is the main question consumers are facing when picking out their diamond engagement ring today. With a dramatic increase in demand for conflict-free lab-grown diamonds, the diamond industry is shifting right before our eyes.
For one year Rob Greenfield grew and foraged all of his own food. No grocery stores, no restaurants, no going to a bar for a drink, not even medicines from the pharmacy.