$50 Billion in Assets Divested from Fossil Fuel Sector
The Global Divest Coalition announced on Monday that the group of foundations and investors intends to divest from fossil fuel holdings. The decision was attributed to the threat of climate change and “the irresponsible behavior of the oil, coal, and natural gas companies,” according to a report by Common Dreams. The pledge represents a total of $50 billion in assets that will be removed from the fossil fuel sector and placed in clean energy investments instead. While the coalition admits that its action won’t change the profitability of the fossil fuel sector, it acknowledges that the move could help create more interest in others following suit.
350 Maine was there,
(Image: Jason Linneken)
(Image: Bob Klotz)
coming by bike ...
and many by bus
(Image: Sass Linneken)
Estimates of the marchers kept increasing throughout the day—100,000, then 300,000, then more than 400,000 people flooded the streets of New York for the People's Climate March, billed as the largest demonstration of its kind in history. 350.org’s Jamie Henn characterized the event as "beautiful in a way we couldn't have imagined." You might like Democracy Now’s coverage of the march. We especially enjoyed the Massachusetts District Attorney marching with Jay O'Hara and Ken Ward—fulfillment of a pledge made at the lobster boat trial. 350 Maine was there in force along with many others from Maine, biking to NYC, attending workshops on divestment, volunteering to be marshals, etc. Some were part of the flood Wall Street action on Monday and others participated in the tar sands projection event at the Canadian Embassy.
Awesome Solidarity in Auburn too!
Rainy skies could not keep people away from marching in solidarity in Auburn and Lewiston on Sunday. Between 50 and 60 people came from far and wide; Portland, Naples, Farmington, Waldoboro, Brunswick Freedom and more were represented. People were in parade regalia and chanted as they marched across the Androscoggin River and assembled at the Festival Plaza in Auburn for a group photo. (Image: Heidi Brugger)
Trial Results for Maine Activists
The court decision regarding the restitution sentencing remains in place for Sylvia Stormwalker and Betsy Catlin. They both testified that they expected the police to cut their locks and not the doors of the TD Bank in Monument Square. In January of this year the two locked themselves to the doors to protest TD Bank’s investments in tar sands and to mark the start up of the southern leg of the Keystone XL pipeline. They had asked to have the court waive the restitution portion of their fine but now must pay for the doors’ replacement.
The Auburn train action participants Doug Bowen and Jessie Dowling were tried in Androscoggin Superior Court on September 15. The defendants had one trial but two juries, a request granted by the court due to Bowen’s previous arrest at the Fairfield train blockade in June 2013. Bowen’s jury found him guilty of criminal trespass on Pan Am railway property; he was fined $100 plus $40 in court fees and charges. Dowling’s jury was deadlocked and the court declared it a mistrial. A key component of the defense was the issue of police procedure regarding clear warning of violation and the announcement of arrest pending failure to obey. Denial of competing harms defense meant that Bowen and Dowling could not reveal their motivation for their actions, which was to raise awareness of the immanent danger rail transport of Bakken crude presented to the Auburn community.
Rally to End Violence in Bangor September 27
One week after many Mainers joined hundreds of thousands of people for the People’s Climate March in New York City, they are being invited to march again, this time to connect the dots between climate destruction, poverty, and war. As part of the national Campaign Nonviolence, the public is invited to gather this Saturday at 1:30 p.m. on the Bangor waterfront for End Violence Together. The rally will feature drumming, speakers, and music followed by a march through downtown and a closing ceremony. This public action, one of more than 170 being held across the country, is co-sponsored by some 38 Maine organizations including 350 Bangor and 350 Maine. Leading the march will be Peter Baldwin on the big drum. Call 942-9343 for more information. In case of rain on Saturday, organizational tables and rally will be held at the Union Street Brick Church.
Save the Date
- Oct. 3, Orono: Michelle Obama at rally to benefit Michaud, UMO Collins Center for the Arts, Questions? Email or call 207.504.5494. Great for street-side bird-dogging!
- Oct. 4-5, South Portland: Generation Climate Convergence for high school and college youth.
- Oct. 7, Orono: Bill McKibben speaks about “Making a Life on a Tough New Planet” at the UMO Collins Center for the Arts. Lecture from 3:30–5 p.m. Hosted by the UMaine Honors College.
- Oct. 10-20, a path through Maine: Maine Walk For Peace & A Sustainable Future.
- Oct. 11: Global Frackdown