Posted on 11/17/2020 6:03:18 PM PST by marshmallow
Forty-seven faith-based institutions commit to divest from fossil fuels, following the Vatican’s guidelines on ethical investments.
Global efforts to promote divestment from fossil fuels expanded further as 47 faith institutions announced their divestment from fossil fuels on Monday, in the largest-ever announcement of its kind among religious leaders.
The Global Catholic Climate Movement in a statement said that 42 Catholic institutions and five other additional protestant and Jewish institutions have severed ties with the fossil fuel industry in a bid to help tackle the climate crisis. They join with nearly 400 other faith institutions that have divested from fossil fuels.
This announcement comes after the Vatican’s first-ever operational guidance on the environment was issued as part of the celebration of the fifth anniversary of Pope Francis’ 2015 Encyclical Laudato sí. The guidelines, signed by all of the Vatican’s dicasteries, encouraged Catholics to avoid investing in companies “that harm human or social ecology (for example, through abortion or the arms trade), or environmental ecology (for example, through the use of fossil fuels).”
(Excerpt) Read more at vaticannews.va ...
Well, I guess they can find out if internal combustion engines can be powered by faith. (rolls eyes)
Looks like their job of spreading the Gospel won’t be hitting on all cylinder.
They should scan their books and give all their previous oil winnings to the poor.
Hello, no, I mean it.... Mr. Pope, can I get a contribution please to the poor from all that oil money!! Hey?
So, I take it the Catholic Church is investing in nuclear power then? /sarc
Shame on them. Part of the Church’s calling and duty is care for the poor and efforts to alleviate poverty. Fossil fuels. Readily available and affordable fossil fuels do a great deal to lift a region out of poverty. Virtue is from Our Lord. Virtue signaling is not.
Pope Soros.
Selling indicates nothing.
Buying ndicates everything
So stupid. Guess they will read by candlelight.
Right; so much for responsible stewardship of assets (donations).
Remember this the next time they ask for more money.
They are rejecting the developments Our Creator has given US that would allow use as a fuel which avoids contamination.
They are rejecting the developments Our Creator has given US that would allow use as a fuel which avoids contamination.
And those still produce CO2
There are simply too many leftists in the Catholic church.
JoMa
Hard to see what that would have to do with their mission on earth....unless they have forgotten what that is.
Nope Nuke plants use fossil fuel also. Where does the nuclear power come from?
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