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Oxfordshire Pension Fund Begins Fossil Fuel Divestment
Oxford, UK: A year after Oxford University decided to divest from fossil fuels, the Oxfordshire local government pension fund has begun excluding fossil fuel investments from their own fund. On 10th September, the administering committee for the scheme, worth approximately £3 billion and with around 65,000 members, voted to move the full value of the…
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PRESS RELEASE Training costs chaos blocks oil workers moving to renewables: Government must meet workers’ demands to remove hurdles
FOR IMMEDIATE RELEASE TRAINING COSTS CHAOS BLOCKS OIL WORKERS MOVING TO RENEWABLES: GOVERNMENT MUST MEET WORKERS’ DEMANDS TO REMOVE HURDLES Survey of offshore workers reveals training costs averaging over £1,800 per year. Success of the UK’s transition to renewables currently depends on workers’ ability to pay to duplicate existing training certificates. The UK…
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Quote: UKEF End Fossil Fuel Funding
Platform has spent years analysing the impacts of UKEF fossil fuel financing. We said this in response to the news that UKEF is ending their support for fossil fuel projects: At last the UK government is stopping finance for the most polluting and harmful projects around the world. But we know that the UK Government…
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Press Release: Councils suffer £2bn hit to pension funds due to oil investments
New analysis reveals that £1.75 billion was wiped off UK council pension funds due to their oil investments crashing over the past three years. Platform London commissioned Transition Economics to conduct the analysis [1], which showed that * The combined investments by 56 local government pension funds into nine leading oil companies, including BP and…
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PRESS RELEASE: 81% of Offshore Oil and Gas Workers Consider Leaving the Industry: Campaigners Urge Government to Consult Workforce on Shift in Renewable Energy
IMMEDIATE RELEASE 28.09.2020 81% OF OFFSHORE OIL AND GAS WORKERS CONSIDER LEAVING THE INDUSTRY: CAMPAIGNERS URGE GOVERNMENT TO CONSULT WORKFORCE ON SHIFT TO RENEWABLE ENERGY Major survey of offshore oil and gas workers reveals that four in five would consider moving to work in another industry. Workers’ biggest concern for their future career…
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PRESS RELEASE: Bank of England could buy BP bonds worth almost 900Mn as campaigners commemorate 10 years since the BP Gulf of Mexico disaster that devastated lives and environment
People from across the world commemorate the 10 years anniversary of BP’s Gulf of Mexico oil spill that took eleven lives and ruined thousands more with creative online action. 10 years on, communities are still fighting the deadly impact of big oil companies in the Gulf. Last week, the Bank of England published a list…
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UK-Argentina fracking talks targeted by protest
For immediate release – 22 May 2019 Platform / Argentina Solidarity Campaign / Reclaim the Power / Fossil Free London Contact: Anna Markova +447942044472 anna@platformlondon.org Supplementary images available here Protestors’ statement in full: https://platformlondon.org/2019/05/22/statement-dont-frack-patagonia/ Talks between UK and Argentinian officials on investments in shale oil and gas became the target of a protest by climate…
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Report: UK oil and gas drilling plans incompatible with responding to climate emergency
Wednesday 15 May 2019 Contact: Anna Markova // Platform // anna@platformlondon.org // 07942044472 Greg Muttitt // Oil Change International // greg@priceofoil.org // 07508 421 527 Connal Hughes // Friends of the Earth Scotland // chughes@foe.scot // 0131 243 2715 Download report The UK’s oil and gas drilling plans are incompatible with responding to the climate…
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PHOTOS: ‘Fracking rig’ & 10-metre projection protests fossil fuel finance on doorstep of UK government export body
Contact: Eliana Harrigan, Fossil Free London, +44 7541507517. Anna Markova, Platform, anna@platformlondon.org, +447942044472 Images available, credit Alban Grosdidier. As G20 governments gear up for their summit in Buenos Aires, Argentina, and the climate talks are set to get underway in Katowice, the UK’s export finance department (UKEF) was hit by protests yesterday over its financing of oil…
