Q: Why divest from fossil fuels? A: When we do the math, it's clear the fossil fuel industry has five times more fossil fuels in their reserves than is safe to burn if we are to have a livable future.
Q: So how does divestment help? A: Divestment sends a powerful message to the fossil fuel industry and to the world. It can reignite public discourse around climate change and the energy industry. As a recent Oxford study found, a fossil fuel divestment campaign could “cause significant damage to coal, oil and gas companies.”
Q: What are funds divested from exactly? A: Typically, funds are divested from the top 200 fossil fuel companies, listed here.
Q: How much money does Massachusetts have invested in fossil fuels? A: As of January 2015, at least $1.6 billion of the $62 billion pension fund was invested in oil, coal and gas.
Q: Who can work on divestment? A: Many different types of funds can remove their investments from fossil fuels, including states, cities, collegiate, religious and personal funds.
Q: After divestment, where is the money invested? A: When a fund is divested, the fund managers can then invest in stocks with the same return, so that no money is lost.
Q: How can we be sure that a fund won't lose money after divestment? A: There are many fossil fuel free funds that are performing just as well or even better than funds with fossil fuels. Even Black Rock, the worlds largest investment firm, has a fossil-free fund.
Q: Who has already divested? A: You can find the full list of divested colleges, cities, and organizations here.
Q: How can I get involved? A: There are numerous ways to get involved! You can participate as an individual, part of a church, part of a committee, or part of a node.