Pension funds need to shift out of fossil fuels and into renewables

25th October 2013
Press Release

You are invited to the screening of "Fossil Free Europe" in DCU on Fri Nov 1 at 7.15pm

An Taisce The National Trust for Ireland is supporting the screening of "Fossil Free Europe" in DCU on Friday, 1st November at 7.15pm. The film Calls for divestment from fossil fuels.

Backing the 350.org initiative in Ireland, James Nix, An Taisce's policy director, has said that "fossil fuel deposits, once their real costs are factored in, are more valuable left in the ground".

"This means pension funds need to shift out of fossil fuels and in to energy efficiency and renewable power. We know that only one-fifth of known fossil fuel deposits can safety be burned; to go beyond this level leaves our grandchildren a world unfit for human habitation", he said.

The message from An Taisce echoes recent comments by former President and UN High Commissioner Mary Robinson who has noted that "there is a global limit on a safe level of emissions", and that "major fossil fuel reserves must be left in the ground", and that this has "huge implications for economic and social development".

The event is hosted by the DCU Sustainability Initiative and is part of the 350.org "Fossil Free Europe Tour" event which will be live streamed from London. 350.org is a global grassroots movement which promotes effective actions to address the urgent worldwide challenge of severe, human triggered, climate disruption.

ENDS

For further information, please call:

James Nix, Policy Director, An Taisce Tel: +353 86 8394129

Charles Stanley-Smith, Communications, An Taisce +353 87 2411995

Email: publicaffairs@antaisce.org

An Taisce The National Trust for Ireland

www.antaisce.ie

Notes

This live streamed event will feature music from Filastine [1], presentations by both Bill McKibben (author, and 350.org co-founder [2]) and Kumi Naidoo (Executive Director of Greenpeace International [3]), and other guest speakers including climate scientists, social movement leaders, campaigners, organizers and more.

This is a public event as part of DCU's contribution to facilitating dialogue on Irish national climate change policy. There is no charge for attendance, and all are welcome.

Further details are available here: http://www.eeng.dcu.ie/~mcmullin/etc/350FossilFreeEurope/

Places may be limited so advance registration is recommended, via this registration link: http://act.350.org/event/fossil_free_screening_attend/6511

If you have any special access requirements (mobility, vision, hearing etc.), or for any other queries in advance, please send email to: karen.oconnor@dcu.ie