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Fossil Free

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Fossil Free
NameFossil Free
Formation2012
FounderBill McKibben, 350.org
TypeEnvironmental organization
PurposeFossil fuel divestment
LocationGlobal

Fossil Free is a global movement that aims to persuade institutions, such as Harvard University, Stanford University, and University of California, Berkeley, to divest from fossil fuel companies, including ExxonMobil, Royal Dutch Shell, and BP. The movement, which was founded by Bill McKibben and 350.org in 2012, has gained significant momentum, with many institutions, such as Sydney University, University of Oxford, and New York University, committing to divest from fossil fuels. The movement is supported by various organizations, including Greenpeace, Sierra Club, and World Wildlife Fund, and has been endorsed by prominent individuals, such as Al Gore, Leonardo DiCaprio, and Desmond Tutu. The Fossil Free movement is closely linked to other environmental initiatives, such as the Paris Agreement, Copenhagen Accord, and Kyoto Protocol.

Introduction

The Fossil Free movement is based on the premise that investing in fossil fuel companies is not only morally wrong but also financially risky, as the carbon bubble is likely to burst, causing significant economic losses for investors, including CalPERS, CalSTRS, and TIAA. The movement is inspired by the anti-apartheid movement, which used divestment as a tactic to pressure the South African government to end apartheid. The Fossil Free movement has been influenced by various environmental campaigns, including the Climate Justice Movement, Extinction Rebellion, and Friday for Future, which have been led by activists such as Greta Thunberg, Naomi Klein, and Van Jones. The movement has also been supported by various faith-based organizations, including the Catholic Church, Episcopal Church, and Unitarian Universalist Association.

Fossil Fuel Divestment

Fossil fuel divestment is the process of removing investments from companies that extract, produce, and distribute fossil fuels, such as coal, oil, and gas. The divestment movement has been led by institutions such as University of California, University of Washington, and Australian National University, which have committed to divest from fossil fuels. The movement has also been supported by various pension funds, including New York State Common Retirement Fund, California State Teachers' Retirement System, and Norway Government Pension Fund Global. The divestment movement has been influenced by various environmental and social factors, including the Keystone XL pipeline controversy, Fracking debates, and Climate change mitigation efforts, which have been led by organizations such as Natural Resources Defense Council, Environmental Defense Fund, and The Nature Conservancy.

Climate Change Implications

The Fossil Free movement is closely linked to the issue of climate change, which is caused by the burning of fossil fuels and the resulting greenhouse gas emissions. The movement is supported by various climate scientists, including James Hansen, Michael Mann, and Katharine Hayhoe, who have warned about the catastrophic consequences of global warming, including sea-level rise, extreme weather events, and water scarcity. The movement has also been influenced by various international agreements, including the United Nations Framework Convention on Climate Change, Kyoto Protocol, and Paris Agreement, which aim to reduce greenhouse gas emissions and mitigate the effects of climate change. The Fossil Free movement has been endorsed by various world leaders, including Barack Obama, Angela Merkel, and Justin Trudeau, who have committed to reducing their countries' carbon footprint.

Renewable Energy Alternatives

The Fossil Free movement promotes the transition to renewable energy sources, such as solar power, wind power, and hydroelectric power. The movement is supported by various renewable energy companies, including Vestas, SunPower, and Tesla, Inc., which are leading the transition to a low-carbon economy. The movement has also been influenced by various energy efficiency initiatives, including the European Union's Energy Efficiency Directive and the United States' Clean Power Plan, which aim to reduce energy consumption and promote the use of renewable energy. The Fossil Free movement has been endorsed by various environmental organizations, including World Wildlife Fund, The Nature Conservancy, and Environmental Defense Fund, which are working to promote the use of renewable energy and reduce greenhouse gas emissions.

Global Fossil Free Movement

The Fossil Free movement is a global movement, with campaigns and initiatives in many countries, including United States, Canada, Australia, and United Kingdom. The movement has been supported by various international organizations, including United Nations Environment Programme, World Bank, and International Energy Agency, which are working to promote the transition to a low-carbon economy. The movement has also been influenced by various social movements, including the Occupy movement, Arab Spring, and Indignados movement, which have used nonviolent direct action to bring about social and environmental change. The Fossil Free movement has been endorsed by various celebrities, including Leonardo DiCaprio, Emma Thompson, and Mark Ruffalo, who have used their platforms to raise awareness about the importance of divesting from fossil fuels and transitioning to renewable energy. Category:Environmental organizations