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Our pensions, our communities, our planet

Our pensions, our communities, our planet

Trade union briefing: Our pensions, our communities, our planet How to reinvest our pensions for our good? Download the briefing (pdf) Local governments in the UK invest over £14 billion of public sector pension funds into fossil fuel corporations. That means workers’ pensions are accelerating dangerous climate change. They are overly risky long term investments...
Support the Trade Union reinvestment campaign

Support the Trade Union reinvestment campaign

Local governments in the UK invest over £14 billion of public sector pension funds into fossil fuel corporations. That means workers’ pensions are accelerating dangerous climate change. They are overly risky long term investments and they funnel capital out of local lives, jobs and economies into corporate profits of the likes of BP and Shell....
This Bitter Earth - rendering the invisible visible

This Bitter Earth – rendering the invisible visible

During my leave over the summer I was really glad to catch the performance Arctic Requiem outside the Shell Centre in August. Here’s a piece I wrote about it, prior to Shell’s decision to cease drilling in the Arctic Ocean. The rain lashes down. A strong south westerly drives it along the Thames, across Jubilee...
UK local council pensions lose £683 million with coal crash

UK local council pensions lose £683 million with coal crash

RELEASE: UK local council pensions lose £683 million with coal crash Embargo: 00:01am Monday 12 October Contact: Mika Minio-Paluello (Platform London) 07733466038 UK local councils have lost up to £683 million to their pension funds, because of failed investments into coal firms. New data reveals the councils most affected – the value of Greater Manchester’s...
"This is a victory for the people, especially the Inupiat"

“This is a victory for the people, especially the Inupiat”

Seven years, $7 billion, and hundreds of protests was what it took. Shell is leaving the Alaskan Arctic. This morning we were outside Shell’s HQ on London’s South Bank to celebrate.  I ended up sharing the stage with Aurora – Greenpeace’s spectacular bus-sized polar bear puppet – and Emma Thompson. But I really wish I...

Local Government Pensions, Fossil Fuels & the Transition to a New Economy

Local governments in the UK have pension funds worth over £230 billion. £14 billion of this – over 6% – is invested into fossil fuel corporations. The briefing Local Government Pensions, Fossil Fuels & the Transition to a New Economy analyses the breakdown of investments of all UK local authorities through their 101 pensions funds, responsible...

Campaigning to Divest – Reinvest

Universities, faith groups and local governments the world over are joining the divestment movement and ditching their stocks in dangerous fossil fuels. But where does this money go instead? Platform thinks local councils should reinvest the money into things that work for a fair future: social housing, community renewables, public transport. We’re campaigning and developing...
What is Energy Democracy and how do we pay for it?

What is Energy Democracy and how do we pay for it?

To build energy democracy we need to break the control of corporations over our energy. Companies like BP and Shell and the Big Six play an enormous role in determining which fuels are used to generate energy, how much we pay for electricity, and where the profits go. These big companies work hard to convince...
Divest and reinvest: 6 local governments that are innovating for sustainability

Divest and reinvest: 6 local governments that are innovating for sustainability

This guest blog by Stuart Anderson was original posted by Friends of the Earth Scotland “The fossil fuel divestment movement is the fastest growing divestment campaign in history with over 500 active divestment campaigns underway at universities, cities, churches, banks, and other institutions.” – 350.org Over the past two years there has been a growing...
Stranding the Leviathan - a report from the Shell AGM in Den Haag, Netherlands

Stranding the Leviathan – a report from the Shell AGM in Den Haag, Netherlands

We are in the dim light and red velvet of the Circustheatre in Den Haag for the Shell AGM. Up on the podium are the assembled bishops of the company. Eight in the back row all non-executives. Five in the front row: the Chief Financial Officer, the Chief Executive, the Chairman and two non-excutives. Behind...
#Budget2015: Welfare for Fossil Fuels, Austerity for the rest

#Budget2015: Welfare for Fossil Fuels, Austerity for the rest

This blog was written jointly with Greg Muttitt of Oil Change International Today, Osborne announced massive tax breaks and subsidies for North Sea oil companies. A new £1.3 billion in subsidies will be handed to oil companies, with the burden transferred to the public. £1.3 billion could cover the costs of employing another 20,000 nurses...
Share price of BP falling - will Shell take over BP?

Share price of BP falling – will Shell take over BP?

As the London Stock Exchange opened at 09.00 on Tuesday, 16th December, BP’s shareprice was down to 365 pence. It was the bottom of a long slide from 448 pence on the 21st November and investors in the company looked concerned that BP was failing badly. Shares in BP have lost 25% of their value...