Search Results: divestment
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INTERNATIONAL
- Kenneth S Stern
- 25 October 2023
The university campus is really the ideal place to tackle thorny issues. It is a safe place to examine all ideas, even — or perhaps especially — those that people find offensive or disturbing. The sad fact, though, is that there is a push these days to send the opposite message to students — that they should be shielded from intellectual discomfort. (From 2022)
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INTERNATIONAL
- Kenneth S Stern
- 08 February 2022
12 Comments
The university campus is really the ideal place to tackle thorny issues. It is a safe place to examine all ideas, even — or perhaps especially — those that people find offensive or disturbing. The sad fact, though, is that there is a push these days to send the opposite message to students — that they should be shielded from intellectual discomfort.
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INTERNATIONAL
One trick used by those opposing the boycott of Eurovision is to describe Israeli colonialism as a 'conflict'. Instead of emphasising the importance of decolonisation, 'compromise' is celebrated. But compromise between the coloniser and the colonised is a dangerous political game.
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INTERNATIONAL
- Na'ama Carlin
- 14 February 2018
12 Comments
When New Zealand singer Lorde cancelled her 2018 concert in Israel, she joined the ranks of artists who boycott Israel to protest its occupation of Palestine. The Palestinian-led Boycott, Divestment, Sanctions movement is contentious in Israel/Palestine activist or Jewish circles, with some calling it anti-Semitic.
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ARTS AND CULTURE
- Megan Graham
- 10 August 2017
5 Comments
'The evening news has become like a nature hike through the Book Of Revelations,' says Al Gore, the politician-cum-climate activist who made waves with his Oscar-winning 2006 documentary An Inconvenient Truth.
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ENVIRONMENT
- Thea Ormerod
- 17 November 2016
9 Comments
The evangelical Christian vote no doubt assisted the climate-denying Trump to his election victory, yet it is remarkable how out-of-step it is with the general view of faith communities globally. This view was made abundantly clear the day after Trump's victory on 10 November, with the release of an Interfaith Statement in Marrakech, Morocco, and it should stand as a challenge to those in public life who continue to block climate action.
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ENVIRONMENT
- Thea Ormerod
- 09 September 2016
10 Comments
With the grip of climate change tightening, few seem to understand the urgency of the crisis. This is why the announcement of over 3500 churches in the UK switching to clean power is so significant. At last, a solution presented by religious communities that matches the scale of the problem. They are providing the kind of leadership for the needed transition to an ecologically sustainable future. Unfortunately, one reason why it is so exciting is that we're nowhere near this in Australia.
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ENVIRONMENT
- Thea Ormerod
- 21 June 2016
4 Comments
An accelerating number of institutions and individuals are moving their money out of planet-heating fossil fuels and into climate solutions. The total assets guided by some form of divestment policy was $3.4 trillion at 2 December last year, 50 times more than what was up for divestment 12 months earlier. It sounds like a lot, but it's a small amount compared to the $100 trillion-plus invested in the usual way. That's our money, in banks and super funds, managed funds and insurance companies.
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AUSTRALIA
- Michael Mullins
- 01 June 2015
3 Comments
The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.
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ENVIRONMENT
- Thea Ormerod
- 27 January 2015
33 Comments
It is no coincidence that Pope Francis chose to visit the Philippines before he releases his encyclical on the environment, and that he made a point of visiting Tacloban, which was ground zero for super typhoon Haiyan. This follows the recent UN climate talks in Lima, where Australian negotiators so regularly blocked consensus that they won us the 'colossal fossil' award for 2014 from environmental observers.
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RELIGION
- Jill Sutton
- 12 November 2014
3 Comments
There has been an avalanche of divestment, including from the Rockefellers and the ANU, as they discern a lack of concern for environmental, social and governance issues. Shareholders attending Wednesday’s Commonwealth Bank AGM will hear a resolution requesting more transparency about the bank’s fossil fuel investments. But the bank’s response can seem like a game whose rules only become clear to its participants as they play it. Banks and other powerful organisations can still exploit any lack of clarity.
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AUSTRALIA
- Andrew Hamilton
- 30 October 2014
11 Comments
When the ANU sold its shares in coal companies recently, it received a mixed response. Critics said investment decisions should be made solely on financial grounds. But investing is done by human beings, who should be guided by their effects of their investment on other human beings, not simply by the profit it brings them.
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