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Related: About this forumEpiscopal Church Votes To Withdraw Investments In Fossil Fuels
http://thinkprogress.org/climate/2015/07/06/3677181/episcopal-church-climate-change-divest/BY EMILY ATKIN POSTED ON JULY 6, 2015 AT 12:09 PM
CREDIT: SHUTTERSTOCK
Leaders of the Episcopal Church voted to divest its holdings from fossil fuels on Friday, citing the fact that fossil fuel burning causes catastrophic climate change.
Calling it a moral issue, leaders of the 2 million member Christian denomination said fossil fuel investments would be purged from the churchs holdings, which total approximately $380 million. The vote, however, does not cover the denominations $9 billion pension fund, or the $4 billion controlled by parishes and dioceses, the Guardian reported.
Still, the divestment represents a victory for climate hawks, who equate divestment from fossil fuels to taking a symbolic stance against the primary cause of global warming. And symbolism does seem to be part of what the Episcopal Church was going for.
The vote says that this is a moral issue and that we really have to think about where we are putting our money, Betsy Blake Bennett, an archdeacon, told the Guardian. At a point where we are losing species and where human life itself is threatened by climate change, the church, by acting on it, is saying that this is a moral issue and something that everyone needs to look at seriously.
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Episcopal Church Votes To Withdraw Investments In Fossil Fuels (Original Post)
cbayer
Jul 2015
OP
oldandhappy
(6,719 posts)1. YES!!!!!!!
AtheistCrusader
(33,982 posts)3. What does God need with 13.3bn dollars?
Just curious.