1 00:00:00,000 --> 00:00:07,200 2 00:00:07,200 --> 00:00:08,700 Jim Key: Our first order of business 3 00:00:08,700 --> 00:00:10,850 is to debate and vote on the business 4 00:00:10,850 --> 00:00:12,950 resolution on fossil fuel. 5 00:00:12,950 --> 00:00:14,920 I call on our Vice Moderator Donna Harrison 6 00:00:14,920 --> 00:00:19,010 to make the motion. 7 00:00:19,010 --> 00:00:21,750 Donna Harrison: Moved that the business resolution 8 00:00:21,750 --> 00:00:27,740 titled Fossil Fuel Divestment presented on pages 98 to 99 9 00:00:27,740 --> 00:00:34,725 of the final agenda be adopted by this assembly. 10 00:00:34,725 --> 00:00:37,080 Jim Key: And I now call on our UUA Trustee 11 00:00:37,080 --> 00:00:38,970 at Large Julian Sharp to make the board's 12 00:00:38,970 --> 00:00:42,530 statement for this motion. 13 00:00:42,530 --> 00:00:44,547 Julian Sharp: During our April-- 14 00:00:44,547 --> 00:00:45,630 Jim Key: Wait for the mic. 15 00:00:45,630 --> 00:00:47,400 Try it again. 16 00:00:47,400 --> 00:00:48,317 Julian Sharp: Am I up? 17 00:00:48,317 --> 00:00:49,233 Jim Key: There you go. 18 00:00:49,233 --> 00:00:50,230 Julian Sharp: I'm on. 19 00:00:50,230 --> 00:00:52,400 During our April meeting, the board of trustees 20 00:00:52,400 --> 00:00:55,710 discussed one of the most critical social justice issues 21 00:00:55,710 --> 00:00:58,620 of the 21st century-- climate change. 22 00:00:58,620 --> 00:01:02,040 Before us was the Fossil Fuel Business Resolution, which 23 00:01:02,040 --> 00:01:06,120 calls on us to divest our common endowment fund of the 200 24 00:01:06,120 --> 00:01:10,900 major fossil fuel extraction companies, known as the CT 200. 25 00:01:10,900 --> 00:01:13,380 This resolution is carefully worded, 26 00:01:13,380 --> 00:01:15,680 affirming the board's legal responsibility 27 00:01:15,680 --> 00:01:18,530 to be financial stewards and allowing the flexibility 28 00:01:18,530 --> 00:01:20,750 to retain limited shares in order 29 00:01:20,750 --> 00:01:23,580 to engage in shareholder activism on the issue 30 00:01:23,580 --> 00:01:26,630 of climate change with our interfaith partners. 31 00:01:26,630 --> 00:01:28,530 At its April meeting, the board heard 32 00:01:28,530 --> 00:01:32,040 of our movement's four decades long leadership 33 00:01:32,040 --> 00:01:35,300 in socially responsible investing and this assembly's 34 00:01:35,300 --> 00:01:38,620 many, many votes on issues ranging from ethical eating 35 00:01:38,620 --> 00:01:40,640 to the threat of climate change. 36 00:01:40,640 --> 00:01:44,320 It's worth noting that global market exposure to CT 200's 37 00:01:44,320 --> 00:01:49,580 stock is about 9%, while the UUA's portfolio currently 38 00:01:49,580 --> 00:01:52,300 contains 2.9% exposure. 39 00:01:52,300 --> 00:01:55,520 The board heard testimony from financial experts and climate 40 00:01:55,520 --> 00:02:00,280 change activists, all of which is available to you at uua.org. 41 00:02:00,280 --> 00:02:03,010 Following an engaging and wholehearted conversation, 42 00:02:03,010 --> 00:02:05,590 your board of trustees voted unanimously 43 00:02:05,590 --> 00:02:07,520 to support this resolution. 44 00:02:07,520 --> 00:02:10,270 We support this resolution for three reasons. 45 00:02:10,270 --> 00:02:13,300 First, our role is to use our limited resources 46 00:02:13,300 --> 00:02:15,280 to achieve the greatest good. 47 00:02:15,280 --> 00:02:18,450 Simply put, we do not feel it right to profit 48 00:02:18,450 --> 00:02:20,410 from the destruction of our planet, 49 00:02:20,410 --> 00:02:23,460 particularly when that destruction disproportionately 50 00:02:23,460 --> 00:02:26,100 affects those already at their margins. 51 00:02:26,100 --> 00:02:28,940 Second, we understand from financial experts 52 00:02:28,940 --> 00:02:30,950 that divestment can be compatible 53 00:02:30,950 --> 00:02:34,360 with sound investment practices and will not necessarily 54 00:02:34,360 --> 00:02:36,730 negatively impact our portfolio. 55 00:02:36,730 --> 00:02:40,230 This is key, because we depend heavily on revenue 56 00:02:40,230 --> 00:02:42,430 from our endowment to advance our UU 57 00:02:42,430 --> 00:02:44,540 values throughout the world. 58 00:02:44,540 --> 00:02:46,840 Third, this gives us an opportunity 59 00:02:46,840 --> 00:02:49,680 to boldly live our values in the wider world. 60 00:02:49,680 --> 00:02:51,680 By bringing more attention to this issue 61 00:02:51,680 --> 00:02:54,750 we hope to continue to make meaningful contributions 62 00:02:54,750 --> 00:02:58,050 to the larger movement to keep our planet healthy and livable 63 00:02:58,050 --> 00:02:59,740 for future generations. 64 00:02:59,740 --> 00:03:02,620 To truly make progress on this critical issue 65 00:03:02,620 --> 00:03:06,360 will require all of us to be engaged over the long haul. 66 00:03:06,360 --> 00:03:08,340 On behalf of the board, thank you, 67 00:03:08,340 --> 00:03:11,190 and thank you for considering your support. 68 00:03:11,190 --> 00:03:12,390 Jim Key: Thank you. 69 00:03:12,390 --> 00:03:14,790 [APPLAUSE] 70 00:03:14,790 --> 00:03:18,300 Jim Key: So we have the motion and the board's response. 71 00:03:18,300 --> 00:03:21,120 There was a GA talk on this subject in yesterday 72 00:03:21,120 --> 00:03:24,160 afternoon's general session, and there was a mini assembly 73 00:03:24,160 --> 00:03:25,590 yesterday as well. 74 00:03:25,590 --> 00:03:28,050 No amendments came out of that mini assembly 75 00:03:28,050 --> 00:03:31,600 and no unincorporated amendments either. 76 00:03:31,600 --> 00:03:36,320 So no amendments in today's debate will be in order. 77 00:03:36,320 --> 00:03:39,914 So we're going to hear from proponents and opponents, 78 00:03:39,914 --> 00:03:41,330 and there will be up and down vote 79 00:03:41,330 --> 00:03:45,450 on whether to adopt this business resolution. 80 00:03:45,450 --> 00:03:47,300 So according to the rules for procedure 81 00:03:47,300 --> 00:03:49,290 you approved on Wednesday night, we 82 00:03:49,290 --> 00:03:51,770 have up to 30 minutes for debate, 83 00:03:51,770 --> 00:03:53,720 and speakers are limited to two minutes each 84 00:03:53,720 --> 00:03:57,240 and as usual will speak from the pro microphone 85 00:03:57,240 --> 00:03:59,140 or the con microphone. 86 00:03:59,140 --> 00:04:01,270 Any questions about the process should 87 00:04:01,270 --> 00:04:04,780 be made at the procedures mic. 88 00:04:04,780 --> 00:04:06,885 And do we have any offsite delegates 89 00:04:06,885 --> 00:04:08,770 that want to participate in the discussion? 90 00:04:08,770 --> 00:04:12,150 Do we know yet? 91 00:04:12,150 --> 00:04:14,340 Yes? 92 00:04:14,340 --> 00:04:19,649 OK, they're in the pro or con line? 93 00:04:19,649 --> 00:04:21,079 Someone will let me know. 94 00:04:21,079 --> 00:04:23,440 So I recognize the delegate from the pro mic. 95 00:04:23,440 --> 00:04:25,330 Please give us your name and congregation. 96 00:04:25,330 --> 00:04:27,460 Yes-- sorry, I didn't see you. 97 00:04:27,460 --> 00:04:29,080 The delegate at the procedure mic. 98 00:04:29,080 --> 00:04:31,163 Trystan Greist: Yeah, it's a point of information. 99 00:04:31,163 --> 00:04:34,490 I'm Trystan Greist from Greenfield All Souls. 100 00:04:34,490 --> 00:04:38,530 We'd like you to please read this resolution aloud 101 00:04:38,530 --> 00:04:40,530 to the assembly so that we can be 102 00:04:40,530 --> 00:04:42,780 refreshed on what we're voting on. 103 00:04:42,780 --> 00:04:44,530 Jim Key: I'm going to respectfully decline 104 00:04:44,530 --> 00:04:47,060 that request because it's been highly circulated, it's 105 00:04:47,060 --> 00:04:49,165 in your program book, it's been in the agenda, 106 00:04:49,165 --> 00:04:50,040 and it's been online. 107 00:04:50,040 --> 00:04:51,470 There's been ample time, I believe, 108 00:04:51,470 --> 00:04:53,570 for the delegates to have become familiar with it, 109 00:04:53,570 --> 00:04:54,580 both online and-- 110 00:04:54,580 --> 00:04:54,650 Trystan Greist: OK. 111 00:04:54,650 --> 00:04:55,990 Could you tell us what page it's on? 112 00:04:55,990 --> 00:04:56,750 Jim Key: I could. 113 00:04:56,750 --> 00:04:59,940 I could, of course. 114 00:04:59,940 --> 00:05:02,007 98 and 99 of the final agenda. 115 00:05:02,007 --> 00:05:03,090 Trystan Greist: Thank you. 116 00:05:03,090 --> 00:05:05,250 Jim Key: You're certainly welcome. 117 00:05:05,250 --> 00:05:08,212 So I now recognize the delegate at the pro mic. 118 00:05:08,212 --> 00:05:09,420 Tim Dechristopher: Thank you. 119 00:05:09,420 --> 00:05:10,810 My name is Tim DeChristopher. 120 00:05:10,810 --> 00:05:13,140 I'm a delegate from the First Unitarian 121 00:05:13,140 --> 00:05:17,530 Church of Salt Lake City, Utah. 122 00:05:17,530 --> 00:05:21,240 I'm proud to support the business resolution 123 00:05:21,240 --> 00:05:23,880 to divest our common endowment from fossil fuels 124 00:05:23,880 --> 00:05:25,650 and urge everyone else to support me 125 00:05:25,650 --> 00:05:27,560 in joining this resolution. 126 00:05:27,560 --> 00:05:31,840 Many of us in this room and in our larger religious community 127 00:05:31,840 --> 00:05:33,840 have been engaged in the fight against climate 128 00:05:33,840 --> 00:05:35,440 change for quite a while, and we've 129 00:05:35,440 --> 00:05:37,380 been engaging in a lot of ways. 130 00:05:37,380 --> 00:05:39,820 We've been engaging by reducing our emissions, 131 00:05:39,820 --> 00:05:42,850 by lobbying for legislative changes, 132 00:05:42,850 --> 00:05:45,620 by pushing it with civil disobedience, 133 00:05:45,620 --> 00:05:49,340 by challenging corporations, challenging governments. 134 00:05:49,340 --> 00:05:51,942 And all of those efforts have been worthwhile, 135 00:05:51,942 --> 00:05:53,900 and all of those efforts are going to continue. 136 00:05:53,900 --> 00:05:56,280 We're all going to keep doing all these other things 137 00:05:56,280 --> 00:05:58,350 that we're doing to deal with climate change. 138 00:05:58,350 --> 00:06:00,340 But a lot of us engaged in those efforts 139 00:06:00,340 --> 00:06:02,090 have been running up against the wall that 140 00:06:02,090 --> 00:06:04,980 is the political power of the fossil fuel industry. 141 00:06:04,980 --> 00:06:07,379 And that's ultimately what this resolution is about. 142 00:06:07,379 --> 00:06:09,170 It's about challenging that political power 143 00:06:09,170 --> 00:06:11,590 by getting institutions of conscience 144 00:06:11,590 --> 00:06:13,990 to divest our endowments from fossil fuels. 145 00:06:13,990 --> 00:06:16,200 And in doing so, we won't be doing it alone. 146 00:06:16,200 --> 00:06:18,790 We'll be joining a much larger movement of other institutions 147 00:06:18,790 --> 00:06:24,119 that are already divesting and are continuing this larger 148 00:06:24,119 --> 00:06:25,160 fight for climate change. 149 00:06:25,160 --> 00:06:27,370 And it's ultimately about challenging 150 00:06:27,370 --> 00:06:29,980 that political power and making a clear statement 151 00:06:29,980 --> 00:06:33,220 that we are standing up in opposition to the fossil fuel 152 00:06:33,220 --> 00:06:34,020 industry. 153 00:06:34,020 --> 00:06:35,770 And as many of us have personally 154 00:06:35,770 --> 00:06:40,280 experienced, any time we stand up to the fossil fuel industry, 155 00:06:40,280 --> 00:06:42,350 it's never cheap grace. 156 00:06:42,350 --> 00:06:44,980 It's always a bold stance. 157 00:06:44,980 --> 00:06:46,950 And that's what we're doing here today. 158 00:06:46,950 --> 00:06:50,400 And I finally want to say that after spending the last year 159 00:06:50,400 --> 00:06:53,010 at Harvard, where their response to calls for divestment 160 00:06:53,010 --> 00:06:55,640 have been to arrest their own students and ban 161 00:06:55,640 --> 00:06:57,730 people from campus, it's really been a pleasure 162 00:06:57,730 --> 00:07:00,480 to be a part of this democratic process from the ground up 163 00:07:00,480 --> 00:07:03,340 that has opened up to a lot of different voices 164 00:07:03,340 --> 00:07:05,050 that have been heard over the past year 165 00:07:05,050 --> 00:07:07,508 and have won the support of the trustees and all the others 166 00:07:07,508 --> 00:07:08,820 who had concerns about that. 167 00:07:08,820 --> 00:07:11,772 So I'm really proud to have been a part of that process 168 00:07:11,772 --> 00:07:13,230 and to support it here today, and I 169 00:07:13,230 --> 00:07:15,170 urge you to join me in doing that. 170 00:07:15,170 --> 00:07:16,066 Thank you. 171 00:07:16,066 --> 00:07:16,880 Jim Key: Very good. 172 00:07:16,880 --> 00:07:17,380 Thank you. 173 00:07:17,380 --> 00:07:21,770 [APPLAUSE] 174 00:07:21,770 --> 00:07:24,870 Jim Key: I recognize the delegate at the con microphone. 175 00:07:24,870 --> 00:07:28,880 Jim Robinson: I'm Jim Robinson, Sierra Foothills Unitarian 176 00:07:28,880 --> 00:07:32,400 Universalist, Auburn, California. 177 00:07:32,400 --> 00:07:34,590 I have great respect for the proponents 178 00:07:34,590 --> 00:07:37,710 of this resolution on fossil fuel divestment. 179 00:07:37,710 --> 00:07:39,310 They have done their homework, and I'm 180 00:07:39,310 --> 00:07:41,020 certain it will be approved. 181 00:07:41,020 --> 00:07:44,590 Nevertheless, I feel a duty to state why I oppose it. 182 00:07:44,590 --> 00:07:46,880 I don't particularly relish this duty. 183 00:07:46,880 --> 00:07:49,700 I traveled to GA on an airplane. 184 00:07:49,700 --> 00:07:52,540 I also own shares in mutual funds 185 00:07:52,540 --> 00:07:55,130 of some of the fossil fuel companies targeted 186 00:07:55,130 --> 00:07:58,540 for divestment by this resolution. 187 00:07:58,540 --> 00:08:02,020 My negligible indirect ownership of these companies 188 00:08:02,020 --> 00:08:04,300 is actually quite harmless. 189 00:08:04,300 --> 00:08:06,810 A corporation is scarcely involved 190 00:08:06,810 --> 00:08:09,180 in the purchase and sale of its shares 191 00:08:09,180 --> 00:08:11,820 on a securities exchange. 192 00:08:11,820 --> 00:08:15,440 Purchasing the plane ticket, on the other hand, 193 00:08:15,440 --> 00:08:18,690 was anything but harmless, since a large part 194 00:08:18,690 --> 00:08:20,750 of the price of the ticket goes straight 195 00:08:20,750 --> 00:08:24,180 to the energy companies supplying the jet fuel. 196 00:08:24,180 --> 00:08:26,450 This illustrates the problem. 197 00:08:26,450 --> 00:08:30,880 We are all addicted to this process of extracting carbon 198 00:08:30,880 --> 00:08:35,419 from the ground, using it to fuel the industrial economy 199 00:08:35,419 --> 00:08:38,130 on which we are so dependent, and putting it 200 00:08:38,130 --> 00:08:40,860 into the atmosphere. 201 00:08:40,860 --> 00:08:44,070 We are all complicit in this catastrophe. 202 00:08:44,070 --> 00:08:47,510 Our prognosis, frankly, is poor. 203 00:08:47,510 --> 00:08:51,640 Oil companies are a convenient and worthy scapegoat, 204 00:08:51,640 --> 00:08:56,020 but we are all villains in this drama. 205 00:08:56,020 --> 00:08:57,670 These companies are hardly models 206 00:08:57,670 --> 00:08:59,690 of good corporate citizenship. 207 00:08:59,690 --> 00:09:02,510 I understand they actively seek to impede progress 208 00:09:02,510 --> 00:09:05,620 in finding alternatives, but divestment is not 209 00:09:05,620 --> 00:09:08,070 an effective or helpful tactic. 210 00:09:08,070 --> 00:09:11,590 Shareholder activism has been and can continue 211 00:09:11,590 --> 00:09:16,770 to be a useful strategy, but to be a shareholder activist, 212 00:09:16,770 --> 00:09:19,290 you need to be a shareholder. 213 00:09:19,290 --> 00:09:22,190 Just walking away does not help. 214 00:09:22,190 --> 00:09:25,310 Divestment accomplishes nothing of significance 215 00:09:25,310 --> 00:09:29,985 and has no economic impact on the company being divested, 216 00:09:29,985 --> 00:09:32,370 whereas this effort has diverted and will continue 217 00:09:32,370 --> 00:09:34,099 to divert our time and treasure. 218 00:09:34,099 --> 00:09:34,890 Jim Key: Thank you. 219 00:09:34,890 --> 00:09:36,460 Thank you. 220 00:09:36,460 --> 00:09:37,738 We have-- 221 00:09:37,738 --> 00:09:38,590 [APPLAUSE] 222 00:09:38,590 --> 00:09:43,340 Jim Key: We have an offsite delegate at the procedure mic. 223 00:09:43,340 --> 00:09:46,330 So if we could turn on the microphones 224 00:09:46,330 --> 00:09:50,654 and hear from our offsite delegate. 225 00:09:50,654 --> 00:09:51,950 John Horner: Hello? 226 00:09:51,950 --> 00:09:53,200 Jim Key: We hear you. 227 00:09:53,200 --> 00:09:56,146 John Horner: This is John Horner from the Unitarian-Universalist 228 00:09:56,146 --> 00:10:02,038 Society of the Daytona Beach Area, in Florida. 229 00:10:02,038 --> 00:10:05,966 I was wondering if there's somebody [INAUDIBLE] 230 00:10:05,966 --> 00:10:13,360 can describe the proof of concept about this [INAUDIBLE]. 231 00:10:13,360 --> 00:10:15,110 Jim Key: Would you speak that again? 232 00:10:15,110 --> 00:10:16,654 I think I heard you. 233 00:10:16,654 --> 00:10:17,570 Have someone explain-- 234 00:10:17,570 --> 00:10:19,390 John Horner: Proof of concept. 235 00:10:19,390 --> 00:10:21,390 Jim Key: The process? 236 00:10:21,390 --> 00:10:24,190 John Horner: The proof of concept. 237 00:10:24,190 --> 00:10:27,641 Jim Key: I'm still not sure I understand the question. 238 00:10:27,641 --> 00:10:29,980 John Horner: Do you know what a proof of concept is? 239 00:10:29,980 --> 00:10:32,020 Jim Key: Content? 240 00:10:32,020 --> 00:10:34,497 John Horner: Concept. 241 00:10:34,497 --> 00:10:36,580 Jim Key: I'm not sure how to answer your question. 242 00:10:36,580 --> 00:10:38,870 The concept was a brought forward 243 00:10:38,870 --> 00:10:44,420 by fossil fuel activists and the investment committee 244 00:10:44,420 --> 00:10:48,130 and the socially responsible investment committee 245 00:10:48,130 --> 00:10:51,730 and proponents and opponents of speaking with attorneys. 246 00:10:51,730 --> 00:10:55,960 And the CFO of the UUA were brought all of that 247 00:10:55,960 --> 00:11:00,020 and created the resolution that has been circulated 248 00:11:00,020 --> 00:11:03,900 to congregations on the website and in the program book. 249 00:11:03,900 --> 00:11:07,550 The board of trustees reviewed all of that 250 00:11:07,550 --> 00:11:12,410 and then came down in support of supporting the resolution. 251 00:11:12,410 --> 00:11:14,221 Does that answer your question? 252 00:11:14,221 --> 00:11:18,150 John Horner: Yes, that's a high level and good answer. 253 00:11:18,150 --> 00:11:20,018 I was wondering, how will you know 254 00:11:20,018 --> 00:11:22,509 if you've succeeded in your objective? 255 00:11:22,509 --> 00:11:23,300 Jim Key: I'm sorry. 256 00:11:23,300 --> 00:11:25,720 I'm still not following your question. 257 00:11:25,720 --> 00:11:29,165 John Horner: How will you know when you've 258 00:11:29,165 --> 00:11:33,082 succeeded in your objective stated in the resolution? 259 00:11:33,082 --> 00:11:35,165 Jim Key: Can someone help me with the translation? 260 00:11:35,165 --> 00:11:37,700 Audience: How do you know when you've succeeded? 261 00:11:37,700 --> 00:11:38,990 Jim Key: Oh, how do you know you've succeeded? 262 00:11:38,990 --> 00:11:40,948 I don't know that we'll know for several years. 263 00:11:40,948 --> 00:11:42,827 It will be examined every year, and it 264 00:11:42,827 --> 00:11:44,660 will be brought back to the General Assembly 265 00:11:44,660 --> 00:11:46,868 every year in terms of our progress, what we're doing 266 00:11:46,868 --> 00:11:48,170 and what we're not doing. 267 00:11:48,170 --> 00:11:48,670 All right? 268 00:11:48,670 --> 00:11:49,180 John Horner: OK. 269 00:11:49,180 --> 00:11:50,070 Jim Key: Thank you. 270 00:11:50,070 --> 00:11:53,240 John Horner: [INAUDIBLE] proof of concept [INAUDIBLE]. 271 00:11:53,240 --> 00:11:55,827 Jim Key: I recognize the delegate at the procedure mic. 272 00:11:55,827 --> 00:11:57,410 Jim Graham: Hi, my name is Jim Graham. 273 00:11:57,410 --> 00:12:00,390 I'm from the Church of the Larger Fellowship. 274 00:12:00,390 --> 00:12:02,670 I have a similar question to the delegate who was just 275 00:12:02,670 --> 00:12:04,730 on the procedural microphone. 276 00:12:04,730 --> 00:12:11,080 My question relates specifically to section-- lines 277 00:12:11,080 --> 00:12:14,497 497 and 498 on page 99 of the book. 278 00:12:14,497 --> 00:12:16,830 "Be it further resolved that the president and treasurer 279 00:12:16,830 --> 00:12:18,830 of the UUA shall report to each General Assembly 280 00:12:18,830 --> 00:12:21,990 from 2015 through 2019 on our association's progress 281 00:12:21,990 --> 00:12:23,910 on the above resolutions." 282 00:12:23,910 --> 00:12:27,270 I'm interested in knowing what specific information will 283 00:12:27,270 --> 00:12:28,950 be told during those reports. 284 00:12:28,950 --> 00:12:31,300 Since we're asking the board to hold folks 285 00:12:31,300 --> 00:12:33,290 accountable with measurable results, 286 00:12:33,290 --> 00:12:35,430 what will those measurable results be, 287 00:12:35,430 --> 00:12:38,410 and what can we expect to see in those reports? 288 00:12:38,410 --> 00:12:41,830 Jim Key: You should expect to follow the preliminary agenda 289 00:12:41,830 --> 00:12:44,110 when it's released for General Assembly next year 290 00:12:44,110 --> 00:12:45,500 and the final agenda that will be 291 00:12:45,500 --> 00:12:47,745 in the-- some outline of what will be reported 292 00:12:47,745 --> 00:12:49,610 will be in those agendas. 293 00:12:49,610 --> 00:12:52,120 Thank you. 294 00:12:52,120 --> 00:12:55,295 I turn to the delegate at the pro microphone. 295 00:12:55,295 --> 00:12:57,590 Jan Dash: My name is Jan Dash. 296 00:12:57,590 --> 00:13:00,120 I'm a member of the UUCMC in New Jersey. 297 00:13:00,120 --> 00:13:04,090 I'm the chair of the Climate Initiative of the Unitarian 298 00:13:04,090 --> 00:13:05,715 Universalist United Nations Office 299 00:13:05,715 --> 00:13:08,060 and the managing editor of the Climate Portal. 300 00:13:08,060 --> 00:13:11,660 I stand here for the proposed resolution 301 00:13:11,660 --> 00:13:13,740 for two simple reasons. 302 00:13:13,740 --> 00:13:17,810 First, climate change is the biggest ethical, moral, 303 00:13:17,810 --> 00:13:20,630 and survival issue of our time. 304 00:13:20,630 --> 00:13:22,890 We need to act and act now. 305 00:13:22,890 --> 00:13:28,430 We need to practice responsible climate risk management. 306 00:13:28,430 --> 00:13:31,150 One way to do that is a divestment 307 00:13:31,150 --> 00:13:34,520 from fossil fuel investments. 308 00:13:34,520 --> 00:13:37,340 And that's because, first of all, 309 00:13:37,340 --> 00:13:39,720 the fossil fuel companies are deathly 310 00:13:39,720 --> 00:13:43,180 afraid of reputation risk. 311 00:13:43,180 --> 00:13:46,170 So our leverage, even though we're small in numbers, 312 00:13:46,170 --> 00:13:48,540 is large in impact. 313 00:13:48,540 --> 00:13:53,570 The second is a purely economic fact that right now, 314 00:13:53,570 --> 00:13:57,140 if we are going to keep the climate targeted 315 00:13:57,140 --> 00:14:00,790 at the Copenhagen two degrees centigrade rise 316 00:14:00,790 --> 00:14:04,830 over preindustrial levels, over 50% of the carbon 317 00:14:04,830 --> 00:14:06,070 has to stay in the ground. 318 00:14:06,070 --> 00:14:08,640 That's called stranded assets. 319 00:14:08,640 --> 00:14:12,370 It means that fossil fuel stocks are overvalued 320 00:14:12,370 --> 00:14:16,040 by approximately a factor of two, which 321 00:14:16,040 --> 00:14:19,300 means that they are going to decline in value ultimately. 322 00:14:19,300 --> 00:14:24,880 So it makes good financial sense to support this resolution. 323 00:14:24,880 --> 00:14:28,760 We need to support the divestment from fossil fuels 324 00:14:28,760 --> 00:14:29,350 now. 325 00:14:29,350 --> 00:14:30,250 Thank you. 326 00:14:30,250 --> 00:14:32,670 Jim Key: Thank you. 327 00:14:32,670 --> 00:14:35,080 I recognize the delegate at the con microphone. 328 00:14:35,080 --> 00:14:36,288 Valerie Powell: Hello, there. 329 00:14:36,288 --> 00:14:37,140 I'm Valarie Powell. 330 00:14:37,140 --> 00:14:41,190 I'm from First Unitarian Church in Pittsburgh, Pennsylvania. 331 00:14:41,190 --> 00:14:45,420 And I think this approach of divestment 332 00:14:45,420 --> 00:14:48,440 is going to be a giant distraction 333 00:14:48,440 --> 00:14:51,480 and an excuse for all of us individual 334 00:14:51,480 --> 00:14:54,090 and our individual congregations for not supporting 335 00:14:54,090 --> 00:14:55,990 public transit at the local level 336 00:14:55,990 --> 00:14:57,640 and for not supporting high speed 337 00:14:57,640 --> 00:15:00,330 rail, as all the other developed countries are doing, 338 00:15:00,330 --> 00:15:02,860 and for not adequately supporting 339 00:15:02,860 --> 00:15:05,330 the changes to renewable fuel sources, 340 00:15:05,330 --> 00:15:06,850 as some countries have done. 341 00:15:06,850 --> 00:15:11,320 You notice that the fossil fuel industry through the media 342 00:15:11,320 --> 00:15:15,210 is able to control the information. 343 00:15:15,210 --> 00:15:17,590 We need to look at the information flow. 344 00:15:17,590 --> 00:15:19,050 That's what's important. 345 00:15:19,050 --> 00:15:23,110 One country, Germany, managed to exceed its forecast 346 00:15:23,110 --> 00:15:27,640 in renewable energy reliance, and that has gone from the news 347 00:15:27,640 --> 00:15:29,034 after one day. 348 00:15:29,034 --> 00:15:30,200 So that's all I have to say. 349 00:15:30,200 --> 00:15:33,515 Just a reminder that without our individual 350 00:15:33,515 --> 00:15:36,830 and our congregational work, this means nothing. 351 00:15:36,830 --> 00:15:38,290 Jim Key: Thank you. 352 00:15:38,290 --> 00:15:41,320 I recognize the delegate at the pro microphone. 353 00:15:41,320 --> 00:15:43,400 Elizabeth Mount: Thank you I'm Elizabeth Mount. 354 00:15:43,400 --> 00:15:47,200 I am from the UU Congregation of Asheville in Asheville, North 355 00:15:47,200 --> 00:15:48,060 Carolina. 356 00:15:48,060 --> 00:15:49,200 [CHEERING] 357 00:15:49,200 --> 00:15:51,470 Elizabeth Mount: Hey, Asheville. 358 00:15:51,470 --> 00:15:54,010 And I also work with the UU Young 359 00:15:54,010 --> 00:15:56,770 Adults for Climate Justice. 360 00:15:56,770 --> 00:16:01,210 And the conversations I've been having here at this GA 361 00:16:01,210 --> 00:16:03,330 have involved a lot of questions about 362 00:16:03,330 --> 00:16:06,460 is this our best strategy. 363 00:16:06,460 --> 00:16:09,480 And I want to make it clear to everyone 364 00:16:09,480 --> 00:16:12,530 that this is not the strategy. 365 00:16:12,530 --> 00:16:17,756 This is a tactic in a larger strategy and a movement. 366 00:16:17,756 --> 00:16:23,620 [APPLAUSE] 367 00:16:23,620 --> 00:16:27,490 Elizabeth Mount: So divestment isn't the endpoint. 368 00:16:27,490 --> 00:16:30,270 But it is an important step for us 369 00:16:30,270 --> 00:16:35,160 to take so that we can measure what we are doing now, 370 00:16:35,160 --> 00:16:39,700 so that we can free those funds to do things that we want 371 00:16:39,700 --> 00:16:46,380 to have done and invest in things in a positive way 372 00:16:46,380 --> 00:16:51,840 rather than things that simply hold us where we are. 373 00:16:51,840 --> 00:16:57,320 Divestment movements lead to stigmatization of industries. 374 00:16:57,320 --> 00:16:59,010 It's worked for apartheid. 375 00:16:59,010 --> 00:17:01,070 It's worked for tobacco. 376 00:17:01,070 --> 00:17:04,420 It can work for fossil fuels. 377 00:17:04,420 --> 00:17:10,829 And what we can do by creating that stigmatization is loosen 378 00:17:10,829 --> 00:17:14,770 that grip that the fossil fuel corporations have 379 00:17:14,770 --> 00:17:20,140 on politics so that legislation can be passed. 380 00:17:20,140 --> 00:17:25,380 So think of this not as the strategy for the UUA 381 00:17:25,380 --> 00:17:30,070 but as one tactic that is so important. 382 00:17:30,070 --> 00:17:34,260 And I hope that you'll consider that when you make your vote. 383 00:17:34,260 --> 00:17:35,000 Thank you. 384 00:17:35,000 --> 00:17:39,640 Jim Key: Thank you. 385 00:17:39,640 --> 00:17:42,070 I recognize the delegate at the con microphone. 386 00:17:42,070 --> 00:17:43,010 Dino Drudi: Thank you. 387 00:17:43,010 --> 00:17:45,100 Thank you, Moderator. 388 00:17:45,100 --> 00:17:48,170 I'm Dino Drudi from Cedar Lane Unitarian Universalist 389 00:17:48,170 --> 00:17:49,990 Church, where certainly there are 390 00:17:49,990 --> 00:17:53,210 a variety of viewpoints on this subject. 391 00:17:53,210 --> 00:17:56,190 Before I left, I asked the chairperson 392 00:17:56,190 --> 00:17:59,320 of our endowment committee what he thought. 393 00:17:59,320 --> 00:18:06,010 And he said, tell me who at this congregation of 700 394 00:18:06,010 --> 00:18:07,820 would have gotten to service this morning 395 00:18:07,820 --> 00:18:10,120 but for fossil fuels. 396 00:18:10,120 --> 00:18:13,340 So I said, oh, so and so bicycles. 397 00:18:13,340 --> 00:18:16,760 And he said, and the bicycle chain 398 00:18:16,760 --> 00:18:19,910 is lubricated with fossil fuels. 399 00:18:19,910 --> 00:18:26,320 And the pavement which is asphalt is a fossil fuel. 400 00:18:26,320 --> 00:18:31,750 Fossil fuels are so much a part of our everyday existence 401 00:18:31,750 --> 00:18:36,670 that we would not know what life would be like without them. 402 00:18:36,670 --> 00:18:45,930 And so to blame fossil fuels for our dilemma is misplaced. 403 00:18:45,930 --> 00:18:51,310 Instead, we need to look not at the fossil fuels 404 00:18:51,310 --> 00:18:55,230 but at ourselves and our wasteful practices. 405 00:18:55,230 --> 00:18:58,290 As the previous speaker talked about public transit, 406 00:18:58,290 --> 00:18:59,930 I came on the train. 407 00:18:59,930 --> 00:19:02,300 I don't drive. 408 00:19:02,300 --> 00:19:06,020 But we can't do without fossil fuels. 409 00:19:06,020 --> 00:19:07,700 There's just no way. 410 00:19:07,700 --> 00:19:14,150 The exergy in fossil fuels is higher than in anything else. 411 00:19:14,150 --> 00:19:16,170 We just can't do without it. 412 00:19:16,170 --> 00:19:21,030 So how are our congregations, or us, 413 00:19:21,030 --> 00:19:24,990 going to demand that the city fix a pothole which 414 00:19:24,990 --> 00:19:28,870 be filled with asphalt if we have decided 415 00:19:28,870 --> 00:19:32,370 that fossil fuels are verboten? 416 00:19:32,370 --> 00:19:40,110 This resolution is quixotic, and we should understand that. 417 00:19:40,110 --> 00:19:40,630 Thank you. 418 00:19:40,630 --> 00:19:43,140 Jim Key: Thank you. 419 00:19:43,140 --> 00:19:45,292 I recognize the delegate at the pro microphone. 420 00:19:45,292 --> 00:19:47,710 Cindy Davis: Thank you, Mr. Moderator. 421 00:19:47,710 --> 00:19:50,470 My name is Cindy Davis, and I'm from the First Parish 422 00:19:50,470 --> 00:19:52,930 in Lexington, Massachusetts, and a member 423 00:19:52,930 --> 00:19:55,130 of the Board of Unitarian Universalist 424 00:19:55,130 --> 00:19:57,510 Ministry for Earth. 425 00:19:57,510 --> 00:20:00,060 The Unitarian Universalist Ministry for Earth 426 00:20:00,060 --> 00:20:04,070 calls upon delegates to join us in supporting this proposed 427 00:20:04,070 --> 00:20:05,920 business resolution. 428 00:20:05,920 --> 00:20:08,440 As our nation and others repeatedly 429 00:20:08,440 --> 00:20:11,740 fail to take sufficient meaningful action to address 430 00:20:11,740 --> 00:20:14,370 our climate crisis, this resolution 431 00:20:14,370 --> 00:20:17,560 offers one tactic among the many needed 432 00:20:17,560 --> 00:20:22,090 to raise our voice up loudly, to stimulate needed change, 433 00:20:22,090 --> 00:20:25,760 and to work for a just, sustainable world. 434 00:20:25,760 --> 00:20:28,370 We call upon all present to reflect 435 00:20:28,370 --> 00:20:31,880 on these words from Wendell Berry's address 436 00:20:31,880 --> 00:20:35,610 at General Assembly 2013. 437 00:20:35,610 --> 00:20:39,350 He says, "If we are to continue to respect ourselves 438 00:20:39,350 --> 00:20:42,250 as human beings, we have got to do 439 00:20:42,250 --> 00:20:48,110 all we can to slow and then stop the fossil fuel economy. 440 00:20:48,110 --> 00:20:52,690 In addition, we must understand that fossil fuel energy must 441 00:20:52,690 --> 00:20:55,860 be replaced not just by clean energy 442 00:20:55,860 --> 00:20:58,600 but also by less energy." 443 00:20:58,600 --> 00:21:02,010 Passing this resolution is but one tactic and one step 444 00:21:02,010 --> 00:21:03,770 toward these ends. 445 00:21:03,770 --> 00:21:07,330 So join us in acting collectively and individually 446 00:21:07,330 --> 00:21:11,260 on this issue so that our denominational, congregational, 447 00:21:11,260 --> 00:21:14,610 and personal actions will serve as role models for others 448 00:21:14,610 --> 00:21:16,050 in our community. 449 00:21:16,050 --> 00:21:20,300 Let us divest, reinvest, and advocate loudly. 450 00:21:20,300 --> 00:21:22,500 Vote in favor of this resolution, 451 00:21:22,500 --> 00:21:26,230 and then join us in moving beyond divestment to continue 452 00:21:26,230 --> 00:21:29,980 the larger work of mitigating the effects of fossil fuel 453 00:21:29,980 --> 00:21:32,540 climate change and helping to reduce 454 00:21:32,540 --> 00:21:35,810 environmental degradation, inequitable suffering, 455 00:21:35,810 --> 00:21:38,230 and overwhelming despair. 456 00:21:38,230 --> 00:21:41,370 Together, we do this and do this work 457 00:21:41,370 --> 00:21:45,350 for the preservation of life for all beings on earth. 458 00:21:45,350 --> 00:21:46,380 May it be so. 459 00:21:46,380 --> 00:21:47,030 Thank you. 460 00:21:47,030 --> 00:21:50,060 Jim Key: Thank you. 461 00:21:50,060 --> 00:21:52,576 I recognize the delegate at the con microphone. 462 00:21:52,576 --> 00:21:54,200 Steve Finner: Thank you, Mr. Moderator. 463 00:21:54,200 --> 00:21:56,730 I'm Steve Finner, Church of the Messiah, 464 00:21:56,730 --> 00:21:58,515 St. Johnsbury, Vermont. 465 00:21:58,515 --> 00:22:01,660 That name got your attention. 466 00:22:01,660 --> 00:22:03,690 I just want to caution about reliance 467 00:22:03,690 --> 00:22:06,580 and other forms of energy do not come cost-free 468 00:22:06,580 --> 00:22:10,420 when it comes to issues of social class and problems. 469 00:22:10,420 --> 00:22:13,540 In Vermont, we have been developing wind energy, 470 00:22:13,540 --> 00:22:15,480 but unfortunately all of the towers 471 00:22:15,480 --> 00:22:18,260 have been built in areas that are characterized 472 00:22:18,260 --> 00:22:21,510 by a large amount of rural poverty, 473 00:22:21,510 --> 00:22:25,730 and we have yet to see windmills for generation of power 474 00:22:25,730 --> 00:22:29,310 erected along Lake Champlain where the wealthy live. 475 00:22:29,310 --> 00:22:31,080 So we need to approach everything 476 00:22:31,080 --> 00:22:33,150 with a bit of caution. 477 00:22:33,150 --> 00:22:36,660 I see I have some time left, and as the music minister 478 00:22:36,660 --> 00:22:39,270 at St. Johnsbury, maybe I'll sing you a song. 479 00:22:39,270 --> 00:22:47,430 (SINGING) I don't think I will. 480 00:22:47,430 --> 00:22:50,744 Jim Key: I recognize the delegate at the pro microphone. 481 00:22:50,744 --> 00:22:52,660 Simon Billenness: My name is Simon Billenness. 482 00:22:52,660 --> 00:22:57,750 I'm a member of All Souls Church Unitarian in Washington, DC. 483 00:22:57,750 --> 00:23:01,760 And I'm also a member of the Committee 484 00:23:01,760 --> 00:23:05,220 on Socially Responsible Investment of the UUA, 485 00:23:05,220 --> 00:23:09,050 which has endorsed this resolution. 486 00:23:09,050 --> 00:23:14,210 What this resolution does is it allows the UUA, 487 00:23:14,210 --> 00:23:15,760 through our common endowment fund, 488 00:23:15,760 --> 00:23:20,790 to continue to screen out and divest fossil fuel companies, 489 00:23:20,790 --> 00:23:23,070 to continue our work of shareholder 490 00:23:23,070 --> 00:23:27,650 activism to halt climate change, and also to continue our work 491 00:23:27,650 --> 00:23:31,680 and reinvesting in climate solutions and green energy. 492 00:23:31,680 --> 00:23:34,240 This is a resolution that does all three of these things 493 00:23:34,240 --> 00:23:35,820 and does them very well. 494 00:23:35,820 --> 00:23:40,380 And I feel that we've seen in the process of putting 495 00:23:40,380 --> 00:23:43,840 together this resolution the very highest standards 496 00:23:43,840 --> 00:23:47,060 of deliberation and democracy and respect 497 00:23:47,060 --> 00:23:49,600 for various points of view. 498 00:23:49,600 --> 00:23:53,250 And that's come forward with this extremely 499 00:23:53,250 --> 00:23:55,510 significant and useful resolution that 500 00:23:55,510 --> 00:23:59,100 will help position the UUA to continue 501 00:23:59,100 --> 00:24:02,630 to be a leader in halting climate change. 502 00:24:02,630 --> 00:24:03,430 Thank you. 503 00:24:03,430 --> 00:24:06,210 Jim Key: Thank you. 504 00:24:06,210 --> 00:24:10,370 I recognize the delegate at the con microphone. 505 00:24:10,370 --> 00:24:12,930 Charles Ortman: Mr. Moderator, I am Reverend Charles Ortman 506 00:24:12,930 --> 00:24:16,650 of the Unitarian Universalist Congregation at Montclair. 507 00:24:16,650 --> 00:24:20,110 And besides saying how much I appreciate your leadership 508 00:24:20,110 --> 00:24:23,230 at this General Assembly, besides saying 509 00:24:23,230 --> 00:24:26,310 how much I am in agreement with almost every single thing I'm 510 00:24:26,310 --> 00:24:30,230 hearing from the pro microphone, I'd 511 00:24:30,230 --> 00:24:32,640 like to share a personal story for why 512 00:24:32,640 --> 00:24:34,770 I am standing at the con microphone. 513 00:24:34,770 --> 00:24:37,030 And that is that not too many years ago, 514 00:24:37,030 --> 00:24:38,960 when I was a member of the board of trustees, 515 00:24:38,960 --> 00:24:45,400 I was asked if I would represent the UUA and other organizations 516 00:24:45,400 --> 00:24:49,460 that we were in party with at a board meeting of the Merrill 517 00:24:49,460 --> 00:24:51,360 Lynch corporation. 518 00:24:51,360 --> 00:24:55,050 And I had an opportunity to stand at that board meeting 519 00:24:55,050 --> 00:24:58,730 and to speak to the topic of executive compensation. 520 00:24:58,730 --> 00:25:02,980 And I obviously spoke in favor of capping 521 00:25:02,980 --> 00:25:08,260 executive compensation, a proposal that was soundly, 522 00:25:08,260 --> 00:25:10,786 roundly defeated at that meeting. 523 00:25:10,786 --> 00:25:12,160 I was immediately approached when 524 00:25:12,160 --> 00:25:14,580 the meeting was over by several other shareholders who 525 00:25:14,580 --> 00:25:17,710 were in sympathy with what I had raised. 526 00:25:17,710 --> 00:25:20,570 And two years later, Merrill Lynch 527 00:25:20,570 --> 00:25:23,760 instilled the kinds of controls that I 528 00:25:23,760 --> 00:25:26,032 had spoken about two years before that. 529 00:25:26,032 --> 00:25:27,990 What I would like the General Assembly to know, 530 00:25:27,990 --> 00:25:30,240 what I would like our association to know, 531 00:25:30,240 --> 00:25:31,880 is that we need a place at the table. 532 00:25:31,880 --> 00:25:35,330 We need to be able to come and on equal ground 533 00:25:35,330 --> 00:25:39,210 with the others who are there talk about what it is that are 534 00:25:39,210 --> 00:25:41,740 our values that we want to be put there. 535 00:25:41,740 --> 00:25:43,810 It's been the same thing with the Boy Scouts. 536 00:25:43,810 --> 00:25:46,300 It's been the same thing with so many other organizations. 537 00:25:46,300 --> 00:25:49,900 If we leave the table, we no longer have ground to stand on. 538 00:25:49,900 --> 00:25:51,420 And I would like for us to be there, 539 00:25:51,420 --> 00:25:52,640 because it will make a difference. 540 00:25:52,640 --> 00:25:53,460 It might take a year. 541 00:25:53,460 --> 00:25:54,310 It might take two years. 542 00:25:54,310 --> 00:25:55,620 It might take more than that. 543 00:25:55,620 --> 00:25:58,510 But we can make a difference by being at the table. 544 00:25:58,510 --> 00:26:01,860 Jim Key: Thank you. 545 00:26:01,860 --> 00:26:05,100 I recognize the delegate at the pro microphone. 546 00:26:05,100 --> 00:26:08,850 John Harwood: I'm John Harwood of the First Religious 547 00:26:08,850 --> 00:26:12,990 Society of Newburyport, Massachusetts. 548 00:26:12,990 --> 00:26:17,830 My congregation's name is important historically 549 00:26:17,830 --> 00:26:22,090 because it means that the first church to be formed in what 550 00:26:22,090 --> 00:26:29,000 is now the city of Newburyport today, almost 300 years later, 551 00:26:29,000 --> 00:26:34,680 it is still first because it was the first church, school, 552 00:26:34,680 --> 00:26:39,690 museum, foundation, or pension fund in the Newburyport area 553 00:26:39,690 --> 00:26:43,700 to announce it had pledged to divest from fossil fuel 554 00:26:43,700 --> 00:26:46,290 companies. 555 00:26:46,290 --> 00:26:49,860 After two years of study and conversation, 556 00:26:49,860 --> 00:26:54,330 the divestment vote on May 18 was nearly unanimous 557 00:26:54,330 --> 00:26:59,660 because the members understood that divestment is primarily 558 00:26:59,660 --> 00:27:01,780 a question of principle. 559 00:27:01,780 --> 00:27:07,340 And they wanted their money to be in line with their morality. 560 00:27:07,340 --> 00:27:10,150 So it is for us here in Providence, 561 00:27:10,150 --> 00:27:15,000 where we UUs have a continental voice to our climate crisis 562 00:27:15,000 --> 00:27:21,360 concerns by saying no to unrestricted use of coal, oil, 563 00:27:21,360 --> 00:27:26,510 and gas, and yes to standing on the side of love 564 00:27:26,510 --> 00:27:31,160 for our earthly home, investing and reinvesting 565 00:27:31,160 --> 00:27:34,670 our love in this earth, and yes to joining 566 00:27:34,670 --> 00:27:40,600 an international divestment campaign once again. 567 00:27:40,600 --> 00:27:44,250 So please join me in voting for the divestment resolution 568 00:27:44,250 --> 00:27:48,090 so that the voice of the First Religious Society's divestment 569 00:27:48,090 --> 00:27:54,860 of its 1.7 million endowment will be multiplied 100 times, 570 00:27:54,860 --> 00:28:01,210 as we vote to divest the common endowment fund of 170 million. 571 00:28:01,210 --> 00:28:02,090 Thank you. 572 00:28:02,090 --> 00:28:04,370 Jim Key: Thank you. 573 00:28:04,370 --> 00:28:05,970 I recognize the delegate-- excuse me, 574 00:28:05,970 --> 00:28:08,035 the delegate at the procedure microphone. 575 00:28:08,035 --> 00:28:10,050 David Keppel: Moderator Key, my name 576 00:28:10,050 --> 00:28:13,000 is David Keppel of the Unitarian Universalist 577 00:28:13,000 --> 00:28:18,180 Church of Bloomington, Indiana. 578 00:28:18,180 --> 00:28:20,520 And I hope this is an appropriate procedural 579 00:28:20,520 --> 00:28:21,370 question. 580 00:28:21,370 --> 00:28:28,470 Would it be possible to ask either the proposers 581 00:28:28,470 --> 00:28:31,630 of this resolution or the appropriate person 582 00:28:31,630 --> 00:28:37,350 to clarify whether this resolution would, in fact, take 583 00:28:37,350 --> 00:28:40,740 us away from the table or whether it still 584 00:28:40,740 --> 00:28:45,730 allows an ownership of a sufficient number of shares 585 00:28:45,730 --> 00:28:50,716 that the UUA could continue its shareholder activism. 586 00:28:50,716 --> 00:28:54,010 Jim Key: It's a fair-- that's a question that 587 00:28:54,010 --> 00:28:58,520 was answered in mini assembly yesterday as well. 588 00:28:58,520 --> 00:29:02,850 It provides for the UUA to stay invested as a stockholder 589 00:29:02,850 --> 00:29:06,174 activist in some portion that they deem appropriate. 590 00:29:06,174 --> 00:29:08,340 All of that would have to be reported to the General 591 00:29:08,340 --> 00:29:10,640 Assembly each year, but yes, it does 592 00:29:10,640 --> 00:29:13,040 enable us to stay at the table, where 593 00:29:13,040 --> 00:29:15,630 the screenings allow us to do so. 594 00:29:15,630 --> 00:29:20,330 I have a delegate in the pro line offline, 595 00:29:20,330 --> 00:29:23,870 so let me turn to the delegate in the pro line offline. 596 00:29:23,870 --> 00:29:28,290 Could you bring them on? 597 00:29:28,290 --> 00:29:28,790 I'm sorry. 598 00:29:28,790 --> 00:29:30,804 I didn't thank you. 599 00:29:30,804 --> 00:29:32,220 The delegate at the con microphone 600 00:29:32,220 --> 00:29:33,680 is-- just a moment online. 601 00:29:33,680 --> 00:29:34,865 I made a mistake. 602 00:29:34,865 --> 00:29:37,100 I recognize the delegate at the con line. 603 00:29:37,100 --> 00:29:38,710 Jim Robinson: Thank you. 604 00:29:38,710 --> 00:29:41,470 I'm still Jim Robinson from Sierra Foothills Unitarian 605 00:29:41,470 --> 00:29:43,980 Universalist in Auburn, California. 606 00:29:43,980 --> 00:29:47,870 I merely wanted to address-- one of the points 607 00:29:47,870 --> 00:29:53,880 the proponents seem to be making for this proposal is 608 00:29:53,880 --> 00:30:00,380 that the resolution is only one tactic in a portfolio 609 00:30:00,380 --> 00:30:05,140 of tactics to deal with oil companies' misbehavior, 610 00:30:05,140 --> 00:30:08,480 I suppose, or the role that they play in climate change. 611 00:30:08,480 --> 00:30:10,500 And I just want to point out that this 612 00:30:10,500 --> 00:30:13,450 is the only tactic that we're voting on. 613 00:30:13,450 --> 00:30:17,080 And I believe very strongly that this is not 614 00:30:17,080 --> 00:30:18,640 an effective tactic. 615 00:30:18,640 --> 00:30:22,420 In fact, it accomplishes nothing except perhaps the ability 616 00:30:22,420 --> 00:30:24,720 to generate a press release. 617 00:30:24,720 --> 00:30:29,970 And it creates for us the illusion 618 00:30:29,970 --> 00:30:32,770 that we're doing something important and worthwhile 619 00:30:32,770 --> 00:30:36,330 for climate change, when in fact we are not. 620 00:30:36,330 --> 00:30:38,120 If you follow the money, our money 621 00:30:38,120 --> 00:30:41,230 is going to the oil companies when we use their products. 622 00:30:41,230 --> 00:30:43,340 And that is the problem. 623 00:30:43,340 --> 00:30:46,170 The only way to deal with the problem is to deal with that. 624 00:30:46,170 --> 00:30:48,510 Selling our shares in these companies 625 00:30:48,510 --> 00:30:52,130 accomplishes nothing except to make you feel good. 626 00:30:52,130 --> 00:30:52,770 Thank you. 627 00:30:52,770 --> 00:30:55,200 Jim Key: Thank you. 628 00:30:55,200 --> 00:30:57,260 So I'm now going to turn to the delegate waiting 629 00:30:57,260 --> 00:31:02,245 at the pro microphone offsite. 630 00:31:02,245 --> 00:31:03,480 Sally Gellert: Is that me? 631 00:31:03,480 --> 00:31:04,516 Jim Key: We can barely hear you. 632 00:31:04,516 --> 00:31:07,100 Could you speak up, or could I have a little bit more volume 633 00:31:07,100 --> 00:31:08,956 from the tech deck? 634 00:31:08,956 --> 00:31:10,412 Sally Gellert: Sally Gellert. 635 00:31:10,412 --> 00:31:11,370 Jim Key: That's better. 636 00:31:11,370 --> 00:31:14,944 Thank you. 637 00:31:14,944 --> 00:31:17,439 Sally Gellert: Sally Gellert, Central Unitarian Church, 638 00:31:17,439 --> 00:31:19,934 Paramus, New Jersey. 639 00:31:19,934 --> 00:31:43,387 [SILENCE] 640 00:31:43,387 --> 00:31:47,129 --take the portion of this [INAUDIBLE] that 641 00:31:47,129 --> 00:31:52,868 talks about divesting effectively-- reinvesting, 642 00:31:52,868 --> 00:31:55,862 excuse me-- the portion that's reinvesting. 643 00:31:55,862 --> 00:31:58,856 Take our money out of these companies 644 00:31:58,856 --> 00:32:03,347 that are the 200 worst-- not all fossil fuel companies, 645 00:32:03,347 --> 00:32:06,840 but the worst ones-- better [INAUDIBLE] 646 00:32:06,840 --> 00:32:09,834 for our environment. 647 00:32:09,834 --> 00:32:14,325 [INAUDIBLE], we do participate in using fossil fuels, 648 00:32:14,325 --> 00:32:18,816 and we will probably still continue to use them. 649 00:32:18,816 --> 00:32:27,299 [INAUDIBLE], to avoid using fossil fuel energy, and maybe 650 00:32:27,299 --> 00:32:30,792 we don't need to avoid it all. 651 00:32:30,792 --> 00:32:37,279 The extremely effective are not helpful to us. 652 00:32:37,279 --> 00:32:40,273 We should not be profiting largely off of them. 653 00:32:40,273 --> 00:32:45,263 Case by case, we can decide what we need, 654 00:32:45,263 --> 00:32:49,754 stay at the table, [INAUDIBLE]. 655 00:32:49,754 --> 00:32:53,746 Homes, congregations, we still need to be working. 656 00:32:53,746 --> 00:32:57,239 This is a way to make a statement here, 657 00:32:57,239 --> 00:33:00,732 that the other denominations and the other universities 658 00:33:00,732 --> 00:33:04,830 that we support their efforts, and we continue our own. 659 00:33:04,830 --> 00:33:05,380 Thank you. 660 00:33:05,380 --> 00:33:09,380 Jim Key: Thank you. 661 00:33:09,380 --> 00:33:12,000 Well, as you can see, we have no one else at the con line, 662 00:33:12,000 --> 00:33:13,550 so our debate is ended. 663 00:33:13,550 --> 00:33:15,510 Thank you all for your support there. 664 00:33:15,510 --> 00:33:18,380 We are ready to vote up or down. 665 00:33:18,380 --> 00:33:22,680 Are we ready? 666 00:33:22,680 --> 00:33:26,890 So get those yellow cards ready. 667 00:33:26,890 --> 00:33:28,840 Those in favor of this business resolution, 668 00:33:28,840 --> 00:33:33,010 raise your yellow cards. 669 00:33:33,010 --> 00:33:35,120 Pull them down. 670 00:33:35,120 --> 00:33:37,310 Those against this resolution, raise your cards. 671 00:33:37,310 --> 00:33:40,006 The motion clearly carries. 672 00:33:40,006 --> 00:33:47,734 [APPLAUSE] 673 00:33:47,734 --> 00:33:49,750 Jim Key: And as many of delegates have said, 674 00:33:49,750 --> 00:33:52,270 this is a tactic in a very long-range strategy. 675 00:33:52,270 --> 00:33:56,160 So we're now all charged to return to our congregations 676 00:33:56,160 --> 00:33:58,810 and begin a discernment process on how 677 00:33:58,810 --> 00:34:02,190 we will live our lives in a world of climate change. 678 00:34:02,190 --> 00:34:05,540 [APPLAUSE] 679 00:34:05,540 --> 00:34:08,904