GND Media

"The council has 1.8 Billion invested in fossil fuels" Divesting from destruction with Fossil Free GM

July 13, 2020 Manchester Green New Deal Season 1 Episode 18
GND Media
"The council has 1.8 Billion invested in fossil fuels" Divesting from destruction with Fossil Free GM
Show Notes

A year ago last week the Manchester Council and the surround councils declared a climate emergency. This was seen by many as the first step forward in Manchester becoming the green city it needs to be to tackle climate breakdown. Little did many of us know how deeply intrenched the city is with industries that are hurtling the planet towards a Mad Max future (sans the cool bikes). The Greater Manchester Pension Fund (GMPF) is the largest fund in the local government pension scheme and the 11th biggest benefit pension fund in the U.K. at a staggering 23.8 Billion pounds. Is all of that capital supporting the climate emergency?

On this weeks show we are joined by Maggie Walker & Ali Abbas from Fossil Free Greater Manchester (@FossilFreeGM) to discuss the ongoing campaign to make the GMPF divest from fossil fuels.

Links
Fossil Free Greater Manchester
http://fossilfreegm.org.uk/

Green Investments providing 178% returns- Forbes
https://www.forbes.com/sites/davidrvetter/2020/05/28/just-how-good-an-investment-is-renewable-energy-new-study-reveals-all/#3aeff104d278

Latest Greater Manchester Pension Fund report
https://www.gmpf.org.uk/getmedia/b3f609a9-b078-4808-a3e5-5cc61d74e669/Annual_report_and_accounts_2019.pdf


Shout Outs
University of Manchester Fossil Fuel Divestment campaign
@PeopleUom

Better Buses GM
@BetterBusesGM

Top fan Lucas Clay!
@LTMClay



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