Tell Supervisor Farrell: Divest SF!

San Francisco is poised to pass a landmark resolution to divest the city's pension fund -- one of the largest pools of money the city holds -- from the top 200 fossil fuel companies. We need your help to tip the scales.

If you're in District 2, we have a special ask for you: Supervisor Mark Farrell has added amendments to the resolution that only get in the way of its intent. As Supervisor Farrell's constituent, we need you to ask him to drop his amendments and support the original resolution. If you're not sure which district you're in, you can find out here.

Make sure he hears from you today! Use the form on the right to send an email directly to Supervisor Farrell's office, and make sure to customize your letter (it makes a big difference). Click here to send an email to the full Board of Supervisors.

Why divestment? Climate change is here, and it's already devastated communities across the country. From record high temperatures and severe drought to super storms like Hurricane Sandy, changes in atmospheric temperatures are continuing to threaten our health, safety and economy. Divestment sends a clear message to both fossil fuel companies and the public: it's wrong continue wreaking havoc on the global climate and wrong to profit from it.

As a coastal city surrounded by water, San Francisco is extremely vulnerable to climate change. Rises in sea-level caused by temperature increases would threaten coastal wetlands, infrastructure and property, costing the Bay Area billions of dollars.

San Francisco has committed itself to addressing climate change and reducing greenhouse gas emissions. However, the San Francisco Employee’s Retirement System has over $1 billion invested in fossil fuels. If we are serious about ending climate change, then we should not be investing our city funds in oil, gas and coal companies. Instead, our funds should ensure the safety of our communities and promote renewable alternatives.

San Francisco should be making investments that are consistent with our climate change policies and that support the public good. It's time for the our pension fund to freeze and divest from fossil fuels.

Please customize your letter:

As a resident of your district, I am writing to urge your support for the Resolution urging the Retirement Board of the Employees’ Retirement System to divest from publicly-traded fossil fuel companies (file #130123) introduced by Supervisor John Avalos. In lieu of your support for this bill, however, I am asking that you drop your two amendments to the bill at the vote.

Our city has been a leader in addressing climate change and reducing our greenhouse gas emissions. However, the San Francisco Employee’s Retirement System has over $1 billion invested in fossil fuels. If we are serious about ending climate change, then we should not be investing our city funds in oil, gas and coal companies that plan to burn a catastrophic amount of carbon. As you know from your background in investment banking, sometimes inaction can carry a far higher price than action.

As a coastal city surrounded by water, San Francisco is extremely vulnerable to climate change. As the sea level rises due to increasing temperature, the effects on Bay Area wetlands, infrastructure, and industry could cost taxpayers like me billions of dollars. Is investing in companies that could cost San Francisco taxpayers so much in the future such a sound investment?

I realize that you likely intend to vote no on this bill. But, once again, I urge you, as a resident of District 2, that this bill deserves to be considered by the retirement board without the additional amendments you proposed.  Do not make District 2 an obstacle to addressing climate change, and a friend to the fossil fuel companies.

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