Birmingham Councillors unite in cross party support for divestment

With Trump left isolated at the G20, Birmingham Councillors have chosen to stand alongside prominent world leaders in tackling climate change.

On the evening of Tuesday 11th July the Birmingham Full Council debated a motion to back divestment of the Local Government Pension Fund ‘West Midlands Pension Fund’ from fossil fuels.

The motion was proposed by Councillor Roger Harmer, Lib Dem Councillor for Acocks Green following calls from regional campaign group Divest West Midlands Pension Fund. He said:

I am delighted to see Birmingham City Council councillors united in supporting divestment from fossil fuels today.

If we are to save our environment for future generations it is vital that we leave most of our coal and oil resources in the ground. It therefore makes no sense for Birmingham’s pension funds to be investing in industries based on exploiting these resources. Instead we should be investing more in low carbon technologies, which enable us to live cleaner, healthier lives.

Councillor Roger Harmer, Lib Dem Councillor for Acocks Green

The motion also called on the Council to rule out new investments in Fossil Fuels.
Kay Edwards, co-ordinator of regional campaign group Divest WMPF commented:

This is a wonderful that Birmingham City Council has shown leadership Birmingham in leading the way towards a fossil free future for the West Midlands.
We welcome commitments to press the pension fund to divest the £393 million it currently invests in coal, oil and gas companies. Instead, the West Midlands could reinvest this money into building new homes, clean renewable energy or public transport.

Kay Edwards, co-ordinator of regional campaign group Divest WMPF

Reports have shown that climate change is already, and will continue to have great impacts on our region and the world.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s