- Jun 19, 2021
Creighton University plans to divest from fossil fuels over the next decade and turn toward investments in renewable energy and energy efficiency.
Catholic institutions are beginning to see their investments as a reflection of their values, according to a leading Catholic environmental group.
UK Prime Minister Boris Johnson’s pledge to end all support for coal-fired power plants overseas has been welcomed by CAFOD, England’s Catholic development aid agency.
Despite pledges to fight greenhouse gas emissions, The United Kingdom has spent 60 percent of its support for energy in developing countries on fossil fuel industries, according to a new report.
The Austrian bishops’ conference is the most recent Catholic institution to say it will divest from fossil fuels.
A bipartisan bill that would put a price on each ton of carbon pollution and likely broaden efforts to develop forms of renewable energy is getting wide support from Catholic advocates concerned about climate change.
Caritas Internationalis, the Catholic Church’s worldwide network of humanitarian aid agencies, three German banks and more than 30 other Catholic institutions are planning to divest at least part of their financial portfolios from the fossil fuel industry.
The encyclical on the environment that Pope Francis released Thursday offers blistering criticism of 21st-century capitalism, expressing skepticism about market forces, criticizing consumerism, and cautioning about the costs of growth. But where Francis’ environmental and economic agendas meet, he leaves something of a paradox, and potentially ammunition for both sides