#divestingoil — Public Fediverse posts on home.social

It sure seems a lot 1600+ institutions and $41 Trillion
but it is the USA. The dimension of figures is different.

'Huge': 1,600+ Institutions Holding $41 Trillion in Assets Have Now Divested From Fossil Fuels"
by Olivia Rosane for Common Dreams

https://www.commondreams.org/news/16000-divest-fossil-fuels

Quotes:
"The milestone, one campaigner said, should "give hope to folks that we are making an impact."
"This milestone follows years of attempted shareholder engagement, now a proven futile strategy, with fossil fuel corporations hell-bent on our destruction."
"The success of the divestment movement has been driven by "people power, 100%," Gray said."
""Oil companies are finding it increasingly difficult to raise financing amid rising ESG and sustainability concerns."
#ZonEnWindZijnVanOns #SunAndWindAreOurs