Harringay, Haringey - So Good they Spelt it Twice!
Residents Ask Haringey to Stop Investing in Fossil Fuels
As part of the national “Keep it in the Ground” campaign, Haringey environmental groups have mounted a petition to ask the Council to move its investments out of coal and tar sands.
They say that they need 2200 signatures to ensure that the issue is discussed at a full council meeting. They already have about 2000 signatures and are casting th enet wider to see if they can collect the remaining 200 signatures they need.
The petition is at www.minutes.haringey.gov.uk/mgEPetition
Link
Replies to This Discussion
-
Permalink Reply by Justin Guest on
-
Just what investments does Haringey have that may directly invest in coal and tar sands? The only investment I can think of would be its pension scheme, which would no doubt be part of some local government super annuation scheme which pools many local authority pensions and is run by a third party- no? I would be interested to know.
If the council wants to really make a difference with climate change it can ensure that no fridge or freezer is left on the streets long enough after being dumped to be picked up by some guy in a van looking for scrap. Every kg of the HFC (and worse, in older fridges, possibly CFC) refrigerant that will be released as the unit is scavenged for valuable scrap would give rise to a release of gasses with a global warming potential of possibly tens of thousands of times its own weight in CO2. That is. 1kg of refrigerant has the global warming equivalent impact of 1-2 tonnes of CO2.
So, if you are willing to sign this petition, please also download the report it ap Haringey has, and never walk past a dumped fridge or freezer in good conscious without reporting it!
-
Permalink Reply by Katie K on
-
Friends of the Earth has a useful interactive tool to help you see how much each council has invested in fossil fuels. And you're right, the pension funds are by far the biggest investment that the council has. According to FoE, Haringey has over £66 million (of a total fund of over £900 million) indirectly invested in fossil fuels via pooled funds.
The FoE tool is here:http://gofossilfree.org/uk/pensions/
Katie
-
Permalink Reply by Michael Anderson on
-
Haringey manages its own pensions fund. There's a copy of the latest annual report linked below
http://www.haringey.gov.uk/sites/haringeygovuk/files/final_signed_a...
© 2024 Created by Hugh.
Powered by
