Fossil fuels divestment activist plans to “seize the assets” of energy companies

[Valin]

Hot Air:

Jazz Shaw

February 11, 2015

 

There’s a big holiday coming up and we wanted to make sure you were reminded far enough in advance to get a card. No… I’m not talking about Valentines Day. It’s Global Divestment Day! (Incidentally, Global Divestment Day takes place on February 13th & 14th. Sounds like it should be Global Divestment Days to me, but what can you do?) This is apparently the day(s) when environmental activists push all of the colleges and universities to divest from fossil fuel companies because the money is evil or something.

 

To spearhead these activities, the interested parties have tapped the talent and resources of author Naomi Klein, perhaps best known for her book, This Changes Everything: Capitalism vs the Climate. (The title alone should tell you all you need to know about her.) She took part in a web chat for the true believers recently where she explained the importance of divestment from energy stocks and their associated profits. But the goal, as she explained it, involves doing a lot more than just getting the trust funds to dump their Chevron stock. That’s not going to solve anything. The real purpose is for the people to rise up, seize control of the companies and take all that dirty money away from them.

 

 

Another point I would make, [about] carbon pricing, is that when we make the argument that this is a rogue sector, that their business plan is at odds with life on earth, we are creating an intellectual and political space where it becomes much easier to tax those profits, to increase royalties, and even to nationalize these companies. This is not just about the fact that we want to separate ourselves from these companies, it’s also that we have a right to those profits. If those profits are so illegitimate that Harvard shouldn’t be invested in them, they’re also so illegitimate that taxpayers have a right to them to pay for a transition away from fossil fuels, and to pay the bills for a crisis created by this sector. It’s not just about dissociating ourselves from their profits, but potentially getting a much larger piece of them.

 

 

(Snip)

 

Since some of you may not believe anyone could actually think this way, the video follows. Don’t worry, it’s not very long.

 

(Snip)....unlisted vid

 

 

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Animal House

I think that this situation absolutely requires a really futile and stupid gesture be done on somebody's part!

We're just the guys to do it.

 

They invite abuse, and we wouldn't want to be impolite now would we?

[Valin]

Shooting Fish In A Barrel

 

[Valin]

‘Saudi Approved': Street Artists Target Ed Begley Jr. Before Environmental Event

 

[Pepper]

‘Saudi Approved': Street Artists Target Ed Begley Jr. Before Environmental Event

 

 

 

Arabic for, “Hello, ladies.”

 

LOL

[Valin]

 

‘Saudi Approved': Street Artists Target Ed Begley Jr. Before Environmental Event

 

 

 

Arabic for, “Hello, ladies.”

 

LOL

 

 

 

[Valin]

It’s Too Cold To Protest Global Warming At Yale

Michael Bastasch

02/13/2015

 

Yale anti-fossil fuel campaigners have indefinitely postponed a protest that was set for this weekend due to “unfavorable weather conditions and other logistical issues.”

 

Fossil Free Yale, a group pushing the university to divest itself from fossil fuels, told the Yale Daily News that frigid, snowy weather set for this weekend will mean their global warming protest will have to be postponed.

 

FFY’s Mitch Barrow said that “unfavorable weather conditions and other logistical issues, including some cancellations from speakers and performance groups” would mean they would not be able to rally on Global Divestment Day — a day where environmental groups urge institutions like Yale to divest from fossil fuels, like coal, natural gas and oil.

 

(Snip)

 

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I Have Nothing To Say.