13

Mar

2014

Bracknell Deanery Synod votes for Church of England to disinvest from coal, oil and gas

 

Bracknell Deanery Synod in the Diocese of Oxford is the latest body in the Church of England to call for the Church to disinvest from coal, oil and gas in response to the damage caused by burning fossil fuels.

In a motion which passed with a clear majority of 18 to 4 (with 9 abstentions) on 11th February, the Synod calls on the National Investing Bodies to disinvest from tar sand and coal companies (excluding those investing in carbon capture and storage) at the earliest opportunity.

The motion proposes a timetable for disinvestment from oil companies in 3 years from now and gas companies in 5 years.

It also draws attention to the huge reserves of gas, oil and coal and to Christian responsibility to take care of the planet, and urges National Investing Bodies to ensure that new investment policy is aligned with the theological, moral and social priorities of the Church of England.

Speaking shortly after the announcement, Mark Letcher, Vice Chair of Operation Noah said, ‘I am delighted that Bracknell Deanery Synod have passed this resolution. It shows just how seriously clergy and lay people take the issue of pollution from fossil fuels, and how they want the Church of England to respond positively by disinvesting from coal, oil and gas companies. Coming the day before the General Synod voted so overwhelmingly to re-engage on climate change it is particularly encouraging.’

For further details about the motion and to get in contact with others working on this issue in Bracknell or Oxford please contact us and we can put you in touch with Revd Dr Darrell D. Hannah of All Saints’ Church.

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