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More than 40 Catholic institutions are to announce the largest ever faith-based divestment from fossil fuels, on the anniversary of the death of St Francis of Assisi.
The sum involved has not been disclosed but the volume of divesting groups is four times higher than a previous church record, and adds to a global divestment movement, led by investors worth $5.5tn.
[...] Assisi's mayor, Stefania Proietti – a former climate mitigation professor – told the Guardian: "When we pay attention to the environment, we pay attention to poor people, who are the first victims of climate change.
"When we invest in fossil fuels, we stray very far from social justice. But when we disinvest and invest in renewable and energy efficiency instead, we can mitigate climate change, create a sustainable new economic deal and, most importantly, help the poor."
Are they putting their money where their mouth is, or making a smart economic bet?
(Score: 0) by Anonymous Coward on Friday October 06 2017, @01:40PM (3 children)
As Christians, we believe that "good is good, and bad is bad". Anything else is the sophistry of the devil.
So, if you invest ethically, you will get a better return. Maybe not now, maybe not in the next quarter,
but, from the point of view of an organisation almost 2,000 years old, next quarter is NOT the long term!
(Score: 0) by Anonymous Coward on Friday October 06 2017, @01:48PM (1 child)
You're absolutely right. Good is good and bad is bad.
Uh, but hey. One of those thing you say is good, which by the first rule of tautology club is good, is definitely bad, which, again, by the first rule of tautology club is bad.
In fact, I'm pretty sure it's not just bad but downright evil. If I had to guess, only somebody under the influence of the devil would think something that bad is good.
Kill the infidels! The millennium is upon us! Jesus will return to lead me and my followers, the true Elect (and here's the crazy reason going back to Noah's kids that I'm right and you're deluded by the devil, plus a prophecy or two that only I, naturally, am destined to fulfill) to glorious jihad! Jesus will command us to make the seas run red with your blood, and then he'll throw you all into a lake of fire for all eternity!
...
My father is a minister (who incidentally can tell you why both Protestants and Catholics will burn in the lake of fire for an unbounded amount of time), so I think I know what I'm talking about.
(Score: 0) by Anonymous Coward on Friday October 06 2017, @04:40PM
Would I be right in guess Baptist?
Funny thing is the most sanctimonious Baptists I knew were an ex-girlfriends parents, who even did classes at the church.
They'd both been divorced, and probably had premarital sex if not adultery, given when a sibling was born.
Yet somehow they had the gall to judge me :)
(Score: 2) by Azuma Hazuki on Friday October 06 2017, @05:13PM
As Christians, you believe that good and bad are whatever your God arbitrarily says they are at any given point in time, and this sophistry is called Divine Command Theory. I know; I used to be one of you.
I am "that girl" your mother warned you about...