Posted on 10/28/2021 6:44:34 PM PDT by marshmallow
Days ahead of the opening of the 26th U.N. Climate Change Conference in Glasgow, Scotland, a group of faith institutions joined the growing movement to divest from fossil fuels.
The group includes 72 institutions — 36 of them Catholic — with assets of more than $4.2 billion.
Salesian Father Joshtrom Kureethadam, coordinator of Ecology and Creation at the Vatican Dicastery for Promoting Integral Human Development, welcomed the announcement during an Oct. 26 video conference organized by leading divestment proponents.
The Vatican and Pope Francis have become increasingly vocal about shifting investment funds from fossil fuels toward clean energy alternatives. In 2020, as part of the Laudato Si’ Year, the Vatican released guidelines for Catholics to implement integral ecology and other actions outlined in the pope’s encyclical, “Laudato Si’, on Care for Our Common Home.
“In very strong language, divestment was recommended,” Father Kureethadam told the online conference. “Last year we announced the Laudato Si’ Action Platform. Among the Laudato Si’ goals there’s ecological economics and it mentioned the need to divest. So the Vatican is supporting this journey.”
The priest called the task of reducing the use of highly polluting fossil fuels a “huge challenge” but one that was possible. A large majority of climate scientists have concluded that the burning of fossil fuels as a leading cause of climate change.
“Jesus began his mission sending out 72 disciples. What a beautiful coincidence. We have 72 communities undertaking the journey together. And that really gives us hope. People are coming together and we faith communities are willing to play our part on this journey,” Father Kureethadam added.
The Oct. 26 announcement of a new round of divestments comes ahead of the COP26 summit in Glasgow. The summit is being hosted by the United Kingdom in partnership with Italy.....
(Excerpt) Read more at catholicnews.com ...
Screw their fiduciary obligations.
The world is going insane ....
What do fossil fuels have to do with saving souls?
No surprises in looking at the list of “Catholic” organizations involved in this. The usual suspects, and not a shred of Catholic orthodoxy among them.
Perhaps they should all divested themselves of fossil fuel powered vehicles and heating plants. And of any electric powered appliances that are powered by fossil fuel ge generating plants.
This divestment of stocks is just shuffling paper
This is prima facie evidence that the Catholic Church has be come an organization run by atheists, since all believers know that only G-d can determine the end of the earth ...
How do they propose to heat their churches and ancillary buildings?
This is insanity.
God, forgive them, because they do not know what are they doing.
CORRECTION
Thirty-Six COMMIE Institutions Join Fossil Fuel Divestment Movement
“How do they propose to heat their churches and ancillary buildings?”
Since they will have lower ROE and higher costs they will have to obtain more funding.
Let's see them honor their vows of energy poverty. If they sin, they can ask Al Gore (the Pope of the Hot Air Cult) for indulgences (buying carbon credits, planting trees, etc.)
Forget costs. What energy source?
I’ll be blunt. So called Green Energy means death to the poor. The care of whom is a principle part of the Church’s mission.
How are these institutions going to get the volcanoes to stop spewing billions of tons of pollutants into the atmosphere? In one day they spew more pollutants than all the internal combustion engines can in a year. Who are they trying to kid?
No, not to the core( “Remnant”)but the leadership, yes.
Christ is the core, and he is not evil..
When these idiots divest I’m sure someone is going to be able to buy cheap.
Provide no “fossil fuel” based heat to any Catholic building.
Help them walk the walk for a change. (I’m super sick of the CommunoCatholic Cult these days.)
Cool. Cut all utilities to all of their facilities.
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