• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Home
  • About
    • Allies
    • Board of Directors
    • Guiding Principles
    • Member Organizations
    • Mission & History
  • Membership
  • Request a Speaker
  • Volunteer
  • Contact Us
  • Contribute

The Colorado Coalition

Envision a World without Nuclear Weapons

Click Here to Contribute

  • Email
  • Facebook
  • RSS
  • Featured
  • Events
  • Take Action
  • News
  • Perspective
  • Subscribe

Campaign to Move the Nuclear Weapons Money

April 12, 2019 By Bob Kinsey

http://www.nuclearweaponsmoney.org/http://www.nuclearweaponsmoney.org/http://www.nuclearweaponsmoney.org/

Here is a campaign to move the vast amounts of money being spent on nuclear weapons to better use. Worth a read and perhaps your support financially and otherwise.

Basel, April 11, 2019

‘Devastating climate change and the risk of a nuclear war will not be prevented unless the international community tackles the economic and political influence of the fossil fuel and nuclear weapons industries’, according to participants of Move the Nuclear Weapons Money, an international conference being held in Basel, Switzerland on April 12-13, 2019.

‘Companies manufacturing nuclear weapons and producing fossil fuels are making billions – if not trillions – of dollars fostering a nuclear arms race and destroying the climate,’ says Dr Keith Suter (Australia), Economics Futurist and member of the Club of Rome.

‘They have vested financial interests in producing more and more nuclear weapons and in preventing a shift from fossil fuels to renewable energy, and they exert intense political power on decision makers to protect these interests. We must shift the economic incentives from destroying the planet to instead support peace and the environment.’

The conference – which includes legislators (mayors, city councillors and parliamentarians), financial managers, civil society representatives and experts in disarmament and climate change – is focusing on socially responsible investment (SRI) as a powerful tool to shift this economic and political power. SRI includes ending investments in nuclear weapons and fossil fuels (divestment) and re-investing in sustainability (impact investment).

‘Most of us are currently supporting fossil fuels and nuclear weapons through investments made in these industries on our behalf by our governments, cities, universities, religious organisations, banks or pension funds,’ says Professor (em) Andreas Nidecker MD, President of the Basel Peace Office which is organising the conference. ‘We can each make a difference by calling on them to end these investments.’

‘Through divestment we can put pressure on the industries to change,’ says Dr Ute Finckh-Krämer, Council Member of Parliamentarians for Nuclear Non-proliferation and Disarmament and former Deputy-Chair of the German Parliament Subcommittee on Disarmament and Arms Control. ‘Such action highlights the immorality (and stupidity) of making vast profits on the destruction of the planet. It also gives support to legislators who are trying to adopt and implement policies for nuclear disarmament and climate protection.’

‘Impact investment is the other side of the Socially Responsible Investment coin,’ says Professor Laurent Goetschel, Executive Director of swisspeace. ‘By focusing investments on economic enterprises which support sustainable development, investors can benefit from stable returns as well as the satisfaction that their investment funds are being used for the improvement of human lives and the environment. It’s a win-win for all and should be a guiding principle, at least for all public investment funds.’

The conference is part of the move the nuclear weapons money campaign which is gaining traction around the world.

‘Already a number of sovereign wealth (national government) funds, pension funds, city and state funds, banks, universities and religious organisations have decided to end their investments in the nuclear weapons and/or fossil fuel industries,’ says Mr Thies Kätow, researcher for the World Future Council, one of the co-sponsors of the conference.

‘As a portion of the trillions of dollars of global investment money, the amount divested to date is only moderate,’ says Mr Kätow. ‘However, as the nuclear weapons and fossil fuel divestment campaigns grow, their political impact could be as powerful as the divestment campaign against South Africa in the late 20th Century, which was a critical factor in moving the South African government to end apartheid in 1994.’

Contacts:
English: Alyn Ware, alyn@pnnd.org. Phone +41 788 912 156.
German: Andreas Nidecker, anidecker@bluewin.ch. Phone +41 765 573 712

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Filed Under: Take Action, Uncategorized

About Bob Kinsey

Primary Sidebar

Receive Instant Updates

Enter your email address to subscribe to The Colorado Coalition and receive notifications of new events and posts by email.

Contact Us

Disarmament Quotes

Through the release of atomic energy, our generation has brought into the world the most revolutionary force since prehistoric man's discovery of fire. This basic force of the universe cannot be fitted into the outmoded concept of narrow nationalisms. For there is no secret and there is no defense; there is no possibility of control except through the aroused understanding and insistence of the peoples of the world. We scientists recognise our inescapable responsibility to carry to our fellow citizens an understanding of atomic energy and its implication for society. In this lies our only security and our only hope - we believe that an informed citizenry will act for life and not for death. 

Albert Einstein, January 22, 1947

We endorse setting the goal of a world free of nuclear weapons and working energetically on the actions required to achieve that goal ... 

George P. Shultz, William J. Perry, Henry A. Kissinger and Sam Nunn, January 4, 2007

“Everything I did at Kings Bay was a result of my faith and my commitment to challenge the idols whose only purpose is to destroy human life on an unimaginable scale. I went to Kings Bay to use my body to refuse to bow down to these idols. I went to try to bring attention to the idolatry that it is requiring of our nation and its people. I went in a spirit of prayer and repentance. I went in hope that this witness might invite other people to reflect on the obscenity and on the idolatry that it is before God.”

Liz McAlister Kings Bay Protestor 2019

Now, understand, this matters to people everywhere. One nuclear weapon exploded in one city -– be it New York or Moscow, Islamabad or Mumbai, Tokyo or Tel Aviv, Paris or Prague –- could kill hundreds of thousands of people. And no matter where it happens, there is no end to what the consequences might be -– for our global safety, our security, our society, our economy, to our ultimate survival. 

Former President Barack Obama, April 5, 2009

"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending he sweat of its laborers, the genius of its scientists, the hopes of its children...This is not a way of life at all in any true sense. Under the cloud of war, it is humanity hanging on a cross of iron." --spoken to the American Society of Newspaper Editors 1953

Dwight Eisenhower US President 1953-1961

A world free of the threat of nuclear weapons is necessarily a world devoid of nuclear weapons…. Nuclear weapons pose an intolerable threat to humanity and our habitat…. Others subscribe to Churchill’s assertion ‘Peace is the sturdy child of terror.’ For me, such a peace is a wretched offspring, a peace that condemns us to live under a dark cloud of perpetual anxiety, a peace that codifies mankind’s most murderous instincts….The beast must be chained, its soul expunged, its lair laid waste.

General Lee Butler Former Commander, Strategic Air Command, April 28, 1996

Viewing Trinity Test July 16,1945: "Now we are all Sons of Bitches"

Kenneth Bainbridge Deputy Director

Over the past 15 years, the goal of elimination of nuclear weapons has been so much on the back burner that it will take a true political breakthrough and a major intellectual effort to achieve success in this endeavor.

Mikhail Gorbachev, January 31, 2007

So far as I can see, the atomic bomb has deadened the finest feeling that has sustained for ages. There used to be so-called laws of war, which made it tolerable. Now we know the truth. War knows no law except that of might. The atomic bomb brought an empty victory but it resulted for the time being in destroying the soul of Japan. What has happened to the soul of the destroying nation is yet too early to see... 

Mahatma Gandhi from The Essential Gandhi, Louis Fisher, ed.

It is my fervent goal and hope…that we will some day no longer have to rely on nuclear weapons to deter aggression and assure world peace. To that end the United States is now engaged in a serious and sustained effort to negotiate major reductions in levels of offensive nuclear weapons with the ultimate goal of eliminating these weapons from the face of the earth. 

Ronald Reagan, October 20, 1986

There are still thousands of warheads loaded on operational systems and standing on high states of alert on virtually hair-trigger posture. And you have to ask yourself: Why is that? Who is the enemy? What is the threat? 

U.S. General Lee Butler Former Commander in Chief, U.S. Strategic Air Command in 1991-92

We seek the elimination one day of nuclear weapons from the face of the Earth. 

Ronald Reagan, Inaugural Address, January 21, 1985

It is my firm belief that the infinite and uncontrollable fury of nuclear weapons should never be held in the hands of any mere mortal ever again, for any reason. 

Mikhail Gorbachev, 1995

We are prone to self-righteousness if we call ourselves peacemakers, and yet do not perceive how the peace issue cuts through all the economic and social issues that we often try to keep separate. If the race for nuclear arms is encouraged by our fear of losing the affluent ways of life that we have taken for granted, then we must see how our fears and desires have left so many other human beings naked and hungry.

Malsolm Warford "The Church's Role in a Nuclear Age

Elimination of nuclear weapons, so naive, so simplistic, and so idealistic as to be quixotic? Some may think so. But as human beings, citizens of nations with power to influence events in the world, can we be at peace with ourselves if we strive for less? I think not. 

Robert McNamara Former U.S. Secretary of Defense

[T]he use of this barbarous weapon at Hiroshima and Nagasaki was of no material assistance in our war against Japan. The Japanese were already defeated and ready to surrender. . . . [I]n being the first to use it, we . . . adopted an ethical standard common to the barbarians of the Dark Ages. I was not taught to make war in that fashion, and wars cannot be won by destroying women and children.

5-Star Admiral William D. Leahy Chief of Staff to President's Roosevelt and Truman, leader of Combined US-UK Chiefs of Staff during WWII

Copyright © 2023 The Colorado Coalition


A Website by Arielle Elak Design