watervole: (Default)
Judith Proctor ([personal profile] watervole) wrote2018-08-03 11:31 am

Disinvesting

I've just changed my bank.

I've moved from First Direct, who have a lot of fossil fuel investments, to Nationwide, who have none at all.
So far, the changeover process has been very easy.

I don't want my money to enable new oil wells to be dug or new coal mines to start up.

I'll miss First Direct's excellent telephone banking, but Nationwide have two branches within walking distance, so I still have human beings within easy reach. And internet banking, of course. And their savings account pays a good rate of interest (for a bank savings account).

Many ways of reducing carbon emissions are difficult, but changing bank is within everyone's grasp.

Having the cutest four-year-old in the world as a granddaughter, I'm acutely aware of the future that our society is going to leave her. Winter floods and summer droughts. Temperatures that ruin crops and kill the elderly. Any small step (especially one that doesn't cost me a penny) is worth doing to help her world.

Once the changeover is complete, if it all goes smoothly, then I'll be waving the "refer a friend" option at people in the UK. It gives you and me both £100 if you change your account to Nationwide. I'll donate my £100 to charity if anyone takes up the offer.

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