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Revealed: UK council pensions are banking £16.1 billion on climate disaster

Revealed: UK council pensions are banking £16.1 billion on climate disaster

Today we’re releasing new data analysis showing that UK councils invest £16.1 billion in fossil fuel corporations through their workers’ pensions. These investments are bankrolling the companies most responsible for climate change, like Shell and BP. The councils with the biggest investments in fossil fuels – Manchester, Galloway & Dumfries, Hammersmith & Fulham, and Torfaen...
Data release: UK councils invest £16.1 billion in fossil fuels

Data release: UK councils invest £16.1 billion in fossil fuels

Press enquiries contact: Anna Galkina / Platform / @PlatformLondon 07942044472 / [email protected] Full dataset available online. Councils invest £16.1 billion of pensions into fossil fuel companies out of a total of £289.9 billion, new data reveals No significant change on 2015 investments, despite pressure to take climate risk into account Manchester, Dumfries and Galloway, Torfaen,...
EU urged to honour Paris Agreement, withdraw support for gas mega-pipeline

EU urged to honour Paris Agreement, withdraw support for gas mega-pipeline

Brussels, Belgium — In an open letter released today, climate scientists, indigenous leaders, environmental and social justice groups, actors and artists call on the European Union to immediately withdraw its support for a gas mega-pipeline that would ‘destroy Europe’s climate targets’. While European leaders criticised the United States for pulling out of the Paris Agreement,...
BP's solution to the climate crisis: switch to gas

BP’s solution to the climate crisis: switch to gas

Gas will solve the climate crisis. This was the main message that BP’s CEO Bob Dudley wanted to get across at today’s annual general shareholder meeting. And it’s dangerous… Bob Dudley, BP chief, says if you closed all coal fired power plants tomorrow and replaced them with gas you would reach 2C warming scenario — Emily...
Conversations with Suzi Gablik  - Living in wartime.

Conversations with Suzi Gablik – Living in wartime.

  I’ve recently returned from a visit to my friend and mentor, Suzi Gablik, in Virginia, USA. She has been an inspiration to so many over the past 33 years since the publication of ‘Has Modernism Failed’, and later her book ‘Conversations Before The End of Time‘. Her work harnessed an ecological sensibility in the...
Hackney Council as the climate vanguard - or is it just a laggard?

Hackney Council as the climate vanguard – or is it just a laggard?

Hackney Council is voting tonight on its investment policy regarding fossil fuels and climate change. After years of campaigning by Divest Hackney and lots of media attention, this Tuesday is the big day for the Pensions Committee. But despite the hype and the repeated delays, the proposals are pretty disappointing. Hackney Council has £42 million in fossil...
Paradigm shift in the House of the North – reflecting on ‘The Sky’s Limit’

Paradigm shift in the House of the North – reflecting on ‘The Sky’s Limit’

  I’m trudging towards the top of Am Faochagach following my dear friend Greg Muttitt, who was for a long time central to Platform and is now part of the wider family. The smooth crest of this mountain rises like a whale’s back. Its lack of crags must have led to its name – Am...
So Switched On - The dream of London’s energy democracy

So Switched On – The dream of London’s energy democracy

The train hurries south on the main line towards Brighton, carrying me away from the event I have just attended, ‘Power to Us’ organised by Switched on London at Myatt’s Fields in Brixton. Looking out from the carriage, over the roofs of the houses of Purley stacked up this steep sided North Downs valley at...
Today's oil drilling round could bust us through UK’s climate limits

Today’s oil drilling round could bust us through UK’s climate limits

The UK government is pushing a massive new offshore drilling programme, that will take the UK beyond its climate limits. Oil companies had until 2pm today to bid for 1200 blocks covering large swathes of the sea off North-west and North-east Scotland and England. This is the the 29th Offshore Licensing Round, and it aims to identify hundreds of millions in...