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Work and Climate Change Report

UNISON launches a campaign for pension fund divestment with a Guide for Local Unions

By Elizabeth Perry - Work and Climate Change Report, February 6, 2018

On January 10, 2018,  the U.K. union UNISON launched a campaign to encourage members of local government pension schemes to push for changes in the investment of their funds – specifically, to “explore alternative investment opportunities, allowing schemes to sell their shares and bonds in fossil fuels and to go carbon-free.”  A key tool in this campaign: Local Government Pension Funds – Divest From Carbon Campaign: A UNISON Guide, which states:  “Across the UK there are nearly 50 divestment campaigns targeting local government pension funds ….. In September this year, it was revealed that a total of £16 billion is invested in the fossil fuel industry by Local Government Pension funds.”  The new Guide explains how the U.K. pension system works for local government employees, and provides case studies of existing divestment campaigns.  In addition, it provides “Campaign Resources”, including a model campaign letter, a glossary of pension and investment terms,  and it reproduces the Pensions and Climate Motion passed at the 2017 UNISON Delegates conference.  The Guide was written by UNISON, in collaboration with ShareAction – a registered U.K. charity that promotes responsible investment practices by pension providers and fund managers.

Information about the divestment campaign, as well as information about the National Auditor’s Report re the U.K. Green Investment Bank,  is included in the January-February issue of the newsletter of the  Greener Jobs Alliance , a U.K.  partnership of “trade unions, student organisations, campaigning groups and a policy think tank.” The Greener Jobs Alliance is part of the Campaign against Climate Change Trade Union Group, which is organizing an event on March 10 in London: Jobs & Climate: Planning for a Future that Doesn’t Cost the Earth

Canada needs a mix of reactive and proactive Just Transition policies across the country

By Elizabeth Perry - Work and Climate Change Report, January 26, 2018

Making Decarbonization Work for Workers: Policies for a just transition to a zero-carbon economy”  was released by the Canadian Centre for Policy Alternatives on January 25th.  In light of  the federal government’s pledge to launch a Task Force on Just Transition in 2018, this report makes a unique contribution by using census data to identify the regions in each province with the greatest reliance on fossil fuel jobs. While fossil fuel dependence is overwhelmingly concentrated in Alberta, with a few “hot spots” in Saskatchewan and British Columbia, the report identifies communities from other provinces where fossil fuel jobs represent a significant part of the local economy – for example, Bay Roberts, Newfoundland; Cape Breton, Nova Scotia; Saint John, New Brunswick; Sarnia, Ontario.  The report also makes the useful distinction between “reactive”  just transition policies, which are intended to minimize the harm to workers of decarbonization, and “pro-active” just transition policies, which are intended to maximize the benefits.   The author argues that, if the broad goal of a just transition is to ensure an equitable, productive outcome for all workers in the zero-carbon economy, a mix of reactive and proactive elements is necessary. Thus,  a national just transition strategy is required for fossil fuel-dependent communities, but workers in any industry facing job loss and retraining costs will also need support from enhanced social security programs.  In addition, governments must invest in workforce development programs to ensure there are enough skilled workers to fill the new jobs which will be created by the zero-carbon economy.

Making Decarbonization Work for Workers is  a co-publication by the Canadian Centre for Policy Alternatives and the Adapting Canadian Work and Workplaces to Respond to Climate Change research program . The author is  CCPA researcher Hadrian Mertins-Kirkwood.