- (Photo by: Alex Milan Tracy)
- It’s been a busy year, but for my Bar Mitzvah Project I am doing a bunch of stuff to help stop and reverse Climate Change.
What I Am Asking the City of Beaverton and Others To Do
Based on the 350.org divestment toolkit I am asking the City of Beaverton to:
- Immediately freeze any new investments in fossil fuels.
- Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
Instead of investing their money into fossil fuel companies, we can reinvest in companies who are making solutions to climate change.
There are 200 publicly-traded companies which hold the vast majority of listed coal, oil and gas reserves. These are the companies from which I am asking our institutions to divest. Go Fossil Free has the full list here. As 350.org says, my demands to these corporations are simple, because they reflect the stark truth of climate science:
They need to immediately stop exploring for new hydrocarbons.
They need to stop lobbying in Washington and state capitols across the country to preserve their special breaks.
Most importantly, they need to pledge to keep 80% of their current reserves underground forever.
Why Should the City of Beaverton Divest?
The mission of the City of Beaverton is to be looking out for the public good. It is well known for the quality of education and work to get solar adopted. One big action of “looking out for the public good” is divesting from fossil fuel companies, because these companies are putting us at risk for: less access to water, droughts, uncontrolled forest fires, etc. Mayors and other local leaders need to take the lead because the action of the federal government has been stalled, so the local communities need to take action. Divestment is the moral choice for governments who care about their people. Beaverton taking action to solve the climate crisis will help to make sure that the city’s investments pay off in the future.
I am also having a contest for people helping me to get signatures. Ask me if you’re interested in helping!
Have you hear of Plant for the Planet? dYou should have—it’s great!
Thanks, Michael and Climate Change for Families, for posting this segment!
We’ll try to post more soon! Thanks for visiting!
Follow me on Instagram at vergunnn.
If you’d like to check out more about Climate Change when you’re done here, visit my sister’s website: https://shalvahalizah.wordpress.com/.