This week is an important one - right now leaders of Pacific Islands are meeting in the Marshall Islands for the Pacific Island Leaders Forum. Their biggest focus is on how Pacific Islands are going to face the climate change - Marshall Islands Vice-President Tony de Brum has called on New Zealand and Australia to show leadership on climate change, saying "for us, climate change is already here."
In September 2013, the New Zealand government announced its plans to stop public submissions on deep-sea oil and gas exploration permits. This followed another law change that criminalises certain aspects of protest at sea. Democracy in New Zealand is under threat.
NZ Super Fund has already divested from several industries that are either already too harmful and destructive, or potentially dangerous and risky to human life all over the world. It has become some sort of a common sense not invest in industries which are taking lives and leaving lasting impacts on human health and wellbeing. Here is why it's time to add fossil fuel companies to that list.
Last week NZ Government announced our new carbon emission reduction target - 5% below 1990 level by 2020. Back in 2010, when announcing New Zealand's initial carbon reduction target, the Climate Change Minister at that time, Nick Smith, said that "Joining the Copenhagen Accord reinforces New Zealand's ongoing commitment to do its fair share of the global effort to address climate change". 5% "fair share" turns out to be the smallest of the smallest - weaker than science demands and sends a clear signal that NZ intends to do as little as possible to stop climate change.
350 Aotearoa is launching a nationwide campaign today calling on the New Zealand Superannuation Fund to stop investment in the destructive and increasingly financially risky fossil fuel industry. 350 Aotearoa have launched an online email platform asking supporters to write directly to NZ Super Fund CEO Adrian Orr, calling for the Fund to divest from fossil fuels and increase investment in renewable energy.