According to the current science, at least 80% of the world’s proven reserves of fossil fuels (coal, oil and gas) will need to remain in the ground if we are going to keep global warming below two degrees Celsius – the internationally agreed upper limit before ‘catastrophic’ climate change. Yet in 2012 alone the 200 largest listed fossil fuel (oil, coal & gas) companies spent $674 billion on developing new reserves.
Across the world people are taking action to get local councils, universities and other bodies to stop investing in these companies which are driving the world headlong into climate catastrophe. Join us in Hastings on 16 January 2016 (2 – 5pm, Friends Meeting House, South Terrace, Hastings, TN34 1SA) to help work out how we can bring this movement to Hastings.*
Facebook page for this event: https://www.facebook.com/events/540248352805011/
More info: 07596 483 272
* New research has recently revealed that East Sussex County Council has £172m invested in oil, gas and coal through the East Sussex Pension Fund. The investments, which make up 6.6% of the fund, include £4.3m in Exxon Mobil, a company notorious for funding climate denial, and £3.9m in Chevron, which is currently contesting a £6bn pollution judgment made against it in Ecuador.