Fossil Fuel Divestment Rally @ Davis Square Sat April 30th 2pm

[theresahome.livejournal.com]

Hey Everyone!

WHAT: Rally in support of fossil fuel divestment in Somerville

WHO: Fossil Free Somerville and you! Speakers will include: Representative Denis Provost and Ward 1 Alderman Matt McLaughlin, others and a HONK band!

WHEN: 2pm, Saturday, April 30

WHERE: Rally in Davis Square, followed by march to City Hall.

RSVP and updates at: https://www.facebook.com/events/1717044895178292/

WHY: As you probably know, the City of Somerville is currently invested in the fossil fuel industry. While Somerville works to lower its own emissions and take other measures to address climate change as a city, we are funding companies that spend billions of dollars funding climate change denial and lobbying against common sense efforts needed to reduce emissions. Not only that, our fossil fuel investments are almost certainly losing money!

The campaign to divest Somerville from the fossil fuel industry has made a lot of progress over the last couple of years. We can win this fight, but we need YOUR help to get it over the line. Come out and show your support for fossil fuel divestment in Somerville!


http://www.fossilfreesomerville.org/

Join us!
Theresa

Comments

[keithn.livejournal.com]

This blurb demonstrates a painful lack of understanding of how the stock market works. This campaign is all about feeling self righteous and has nothing to do with actually tackling climate change.

[eric fields (from livejournal.com)]

Several studies from mainstream financial institutions have concluded that fossil fuel divestment is the financially prudent thing to do. See:

http://www.fossilfreesomerville.org/wp-content/uploads/2015/05/FFS_WillDivestmentHurtMyPension_052115.pdf

As for tackling climate change, divestment has been used in many social movements, most prominently in the fight against apartheid in South Africa, and is one of many useful tactics for raising consciousness and putting pressure on decision makers.