McKibben in San Francisco Bay Guardian on SF divestment decision
May 2, 2013
Post Carbon Fellow Bill McKibben’s speech to students in San Francisco following news of the San Francisco Board of Supervisors divestment resolution was reported in the SFBG.
From the article:
McKibben was there to celebrate a recent victory for his organization’s fossil fuel divestment campaign, which came last week when the San Francisco Board of Supervisors voted to adopt a resolution by Sup. John Avalos urging the San Francisco Employee Retirement System to divest from companies that hold fossil fuel reserves.
McKibben’s organization, 350.org, has been urging colleges, universities and city governments across the country to enact similar measures. “This is pretty simple math. The math is, if you’re invested in the fossil fuel industry, then you are profiting from the wreckage of the climate,” McKibben said. You are making a bet that nothing will ever be done to stop or slow down climate change, because if anything ever is done, it will put those investments at risk. The perversity of that is stunning.”