Somerville's pension fund should divest from the fossil fuel industry. If it is wrong to wreck the planet, then it is also wrong to profit from that wreckage.
BREAKING: In an official complaint filed Monday morning w/ the Mass. attorney general Maura Healey (@MassAGO), we argue that @Harvard's fossil fuel investments aren’t just immoral; they’re illegal. (thread) https://t.co/IOdr4XBCT0
@ski_nh First line of the story: "With the U.S. now surpassing 500,000 COVID-19 deaths, President Joe Biden is marking the grim milestone Monday with a candle lighting ceremony and a moment of silence."
The reality of the economic slowdown from Covid resulted in oil and gas forecasts plummeting, as coal has. This is on top of the fact that these sectors have underperformed in the market for a decade and are in long-term decline, putting pension investments at risk. Let's divest!
Calling all MA local elected officials to sign on to a letter urging Legislature leadership to bring the local option bill to a vote this session (H4440/S636). Pensions should be able to divest from fossil fuel investments! https://t.co/HDvJyn8e8u
Deadline: 8am ET on the 14th!
H.4440 is still alive! Take action to bring divestment from fossil fuels in our pension by contacting your Rep! https://t.co/zow5dw9FNd #divestment#fossilfuelfree
H4440 is now Amendment70 to the House's Climate bill. They are discussing the climate bill now! Call your Rep. and ask to cosponsor Amendment70 on H4912 #divestfromfossilfuels
MA Attorney General Maura Healey has called on state regulators to investigate the future of the natural gas industry in Massachusetts https://t.co/DxENCekf2O.
We've updated our analysis comparing the S&P 500 to a similar fund divested from the #fossilfuel industry, and even in these volatile times, #divestment makes financial sense. And it's good for the planet! #mapoli
https://t.co/qaQlIeRsrV
We’ve made reporting on climate change a priority and will continue to do so. NBC News is joining @CoveringClimate, a global journalism initiative committed to more and better coverage of climate change. #CCNow
From almost 4 years ago: When we applied public pressure to divest city's pension fund from the top 200 publicly traded fossil fuel companies, one of the arguments we made was that the fossil fuel economy was bound to collapse. #OilCrash2020 https://t.co/LDJ9629c1d
@Harvard's fossil fuel investments are not only morally indefensible, but financially IRRESPONSIBLE.
The financial losses it is now suffering jeopardize its community — we need a paradigm shift towards SUSTAINABLE investments that protect people & the planet. #divestharvard
What would pension funds across Massachusetts look like if they had been able to #divest from the #fossilfuel industry when we started this fight years ago and when Mayor @JoeCurtatone called for @SomervilleCity to divest? #mapoli
A big thank you to @MedfordMass! The City Council last night approved a resolution to support H.4440, our local option #divestment bill. Shout out to councilors @Morell4Medford and @zacbears for putting forth the resolution!
Good piece from @craigaltemose pointing out that we have a crisis inside another crisis, and we might as well work on both of them at once
https://t.co/uhiedvIsRJ
Join us and @massdivest in the fight to pass H.4440 and empower Massachusetts retirement systems to protect their members and pull their money out of the failing #fossilfuel industry. https://t.co/lwcnrs7rFz #mapoli
It's a bad day for stocks. The S&P 500 was down 5.7% by noon. You know what did worse? The S&P Energy Sector, which plummeted 17%. This is why Massachusetts must pass H.4440, before retirement systems throw more money away. #mapoli
Today's events on #WallStreet illustrate why #divestment from #fossilfuels is so critical. The fossil fuel industry is feeding the #ClimateCrisis, so why are we investing in it at the same time we're spending billions to clean up its mess?