Saturday, June 20, 2020

Pope: Divest from fossil fuels, invest in renewable energy

The Pope does it again with this statement. It's interesting that the head of the purportedly conservative Catholic Church is more in line with the likes of progressives like Bernie and AOC on this issue.

"A new 226-page document issued by the Vatican on Thursday was applauded by climate campaigners who said the new environmental guidance from the Catholic Church and Pope Francis, including a call to divest financially from the fossil fuel industry, exemplifies the positive and far-reaching role that  faith organizations can play in the global effort to lower emissions and usher in an era of spiritual as well as planetary rebirth."

"The document, which emerges with the Pope's blessing, urges the de-carbonization of the global economy and urges investment in 'clean and renewable' energy to protect the world's oceans, "the common good of entire human family,' and ecological systems. It also promotes a more sustainable 'circular economy' that reduces exploitation of people and natural resources and a reform to government subsidies of fossil fuels. In addition to a tax on carbon and other forms pollution, the document encourages Catholics to divest from oil, coal, and gas and to reinvest in life-affirming forms of energy."

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