As followers of Christ, dedicated Presbyterians, and human beings in creation, we continue to ask the Church to divest its endowments from big oil, coal and gas. In 2014 and 2016 we asked the PC(USA) to divest its endowments from big oil, coal and gas. In 2018 we will again bring an overture to GA: [08-01] On Directing the Board of Pensions and the Presbyterian Church (U.S.A.) Foundation to Divest from Fossil Fuel and Actively Invest in Securities That Focus on Renewable Energy.
Jesus calls us to love God and neighbor. John Calvin says, “The only right stewardship is that which is tested by the rule of love.” Knowing what we now know about climate change, especially its effects on those already living in poverty, as well as our neighbors of other species, the Church can no longer follow the rule of love and profit from the fossil fuel industry.
Historically, our work has been to ask the PCUSA to divest from oil, gas and coal companies to help loosen their grip on economic and political power and clear the way for a sustainable future. As a strategy, divestment communicates the urgent need to leave 80% of the known carbon reserves untapped, and to invest in sustainable energies able to meet humanity's needs for generations to come.
Currently, congregations/presbyteries and other bodies of the denomination can employ fossil fuel free screens in their investments through the Presbyterian Foundation and in 2017, individuals who are enrolled in the Board of Pensions can take advantage of their fossil free screens too. We continue to partner with Mission Responsibility Through Investment (MRTI) as they do shareholder advocacy and engagement with oil, gas, and coal companies. We also work with Faithful Actions (formerly Faithful Alternatives) to collaborate on how we as a denomination can do all that we can to be faithful to God's call to care for creation and to be fossil free in as many ways as possible.
We must do all we can, in all the ways we can, to protect this earth and all its inhabitants, for God and creation's sake.