National Divestment Day – Saturday, 3 May 2014
Yesterday I had the great good fortune to attend Brisbane’s Divestment Action at ANZ’s Queen Street Mall branch. While I’m personally in the process of divesting my money from ANZ – so I wasn’t able to join in on cutting up all my cards (drat!) – I was able to lend my support and take some photos to share with everyone who visits polycentrica.
Think about it – It’s a no brainer – Your money invested in companies that make money (and lots of it!) from practices that increase global warming. Alternative energy sources are much smarter investments. It’s only a matter of time and attrition before fossil fuels are outmoded… why not make it a clear choice that you can feel good about right now?
It can feel a bit scary to make the change from a bank that you’ve been using for a while. But now I know I can do it easily after getting some more info. Check out 350 Queensland’s video about this 96 year-old wonderful woman who has left Commonwealth Bank after 70 years!!
Here’s a link to MarketForces’ info about banks with regard to ethical practices: http://www.marketforces.org.au/banks/compare/
And another link to MarketForces’ Facebook page: https://www.facebook.com/MarketForces
And read this article in the Ecologist about how mega-fund Blackrock is divesting from fossil fuels. Coal and oil companies’ projected profits rely heavily on ‘unburnable’ reserves that will have to be left in the ground to meet carbon emissions standards.