A Quote by Desmond Tutu
It makes no sense to invest in [fossil fuel] companies that undermine our future
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We promote new fossil fuel infrastructure, from airport expansion and coal mines in the U.K. to oil pipelines in the U.S. Investments are meant to build and secure our shared future - but all these fossil fuel investments are directly fuelling the climate crisis that threatens to undermine that future.
I did very much like [Barack] Obama's attack on fossil fuel subsidies for fossil fuel companies. We asked for that in demonstrations and petitions, and now we'll try to push it forward.
When you think about the current present value of the fossil fuel reserves that are on the books, the current fossil fuel companies, the last time that that much wealth was at stake was when the South fought the Civil War.
We can't change the fossil fuel companies' behavior in isolation from the rest of the industrial system. As long as they have customers, they're going to continue to operate, whether or not we divest of their stock. However, divesting might be helpful in terms of disrupting the story that what these companies do is perfectly okay. This situation differs from apartheid in a key regard though: racial equality in South Africa was no threat whatsoever to capitalism as we know it. Ending the fossil fuel era is a much deeper change.
Even if I had money to invest I wouldn't invest it in oil companies - - or their bankers, suppliers, customers ... really that means the whole stock market. I'm not opposed to divestment, but I think by itself it won't get very far. The demand is still there, the fossil fuel infrastructure is still there. Where I would like to see our political energy go is to stop ecocide on a local and bioregional level. Each new energy project involves horrible abuse of mountaintops, groundwater, forests, etc., because all the easy resources have already been extracted.
We're clearly coming to the end of the fossil fuel era. We have the technology to shift to renewable energy, we have the will of the people. The only thing that's keeping us back is the fossil fuel industry's hold on our political system. That's what we need to change.
If your child gets asthma, the fossil fuel industry doesn't pay. Or if there's a natural disaster, the bill is paid by the taxpayer, not the fossil fuel company.
Most Republicans are not prepared to stand up to the fossil fuel industry because they get a lot of their campaign funds from the Koch brothers and other people in the fossil fuel industry. That tells me why we have to reform our campaign finance system.
Every candidate running for president has got to answer the following very simple question: At a time when we need to address the planetary crisis of climate change, and transform our energy system away from fossil fuels and into energy efficiency and sustainability, should we continue to give $135 billion in tax breaks and subsidies over the next decade to fossil fuel companies?
Science tells us we need to keep the majority of fossil fuels in the ground, and that we must urgently invest in renewable energy, and other alternative industries. Doing so would create millions of jobs, ensure a fair transition for fossil fuel workers into new industries, and avert the most catastrophic climate breakdown.
The American Republican Party is the last political bastion of the fossil fuel industry - now so in tow to the fossil fuel industry that it cannot face up to the realities of carbon pollution and climate change.
In addition to contributing to erosion, pollution, food poisoning, and the dead zone, corn requires huge amounts of fossil fuel - it takes a half gallon of fossil fuel to produce a bushel of corn.
Will we confront climate change in time or will we let fossil fuel companies determine our fate? This is a fight we can't afford to lose, and that's what keeps me moving forward.
We have taken on the fossil fuel companies, combating climate change and even the energy utilities.
Of course methane is a fossil fuel, but as long as it is burned efficiently and fugitive emissions of methane gas are minimised, it is a less harmful fossil fuel than coal and oil and is an important way-station on the global journey towards low-carbon energy.
It is a fact that many of the wars and conflicts happening all over the world are aggravated or fought strictly for geopolitical fossil fuel energy interests, and many of the world's most dangerous regimes are funded by fossil fuel dollars.
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