[Green] Fwd: Petition to Canada Pension Plan - Stop making Ohio a fracking sacrifice zone

[Dawn Hewitt]

Done. Thanks, George!  --dawn

On Thu, Sep 26, 2024 at 10:31 AM George Banziger via Green <green at fuusm.org>
wrote:

> Green Sanctuary Folks,
>
>      Save Ohio Parks has discovered that almost all of the investment
> funds from the Canada Pension Board is going to a Texas firm that is
> heavily involved in fracking around public lands in Ohio.
>
>      Please sign the attached petition.
>
> George & Gwen Banziger; 740-434-5685; 740-434-3354 (mobile)
>
>
> ---------- Forwarded message ---------
> From: Cathy Cowan Becker <becker.271 at gmail.com>
> Date: Wed, Sep 25, 2024 at 9:01 PM
> Subject: Petition to Canada Pension Plan - Stop making Ohio a fracking
> sacrifice zone
> To: Cathy Becker <cbecker at greenamerica.org>
>
>
> Greetings Ohio friends,
>
> Save Ohio Parks is doing one more push for our petition to the Canada
> Pension Plan before we deliver it to them next week. We have 958 signatures
> and would like to get to 1000.
>
> *Can you help us circulate this among your Ohio friends and family?  *
> Full link:
> https://actionnetwork.org/petitions/canada-pension-plan-stop-using-ohio-as-a-fracking-sacrifice-zone
> Short link: bit.ly/cppibohio
>
> *Background*
>
> The Canada Pension Plan is like the social security of Canada -- it serves
> as a retirement plan for all Canadians except those in Quebec.
>
> Recently we learned that the Canada Pension Plan Investment Board (CPPIB)
> is not only investing heavily in fossil fuels -- *It is actually buying
> fossil fuel operations*.
>
> One company CPPIB essentially created is Encino Acquisition Partners
> (EAP), a subsidiary of Encino Energy of Houston, Texas.  EAP got the bids
> to frack Valley Run and Zepernick Wildlife Areas in Ohio as well as ODOT
> land. They are also heavily fracking around Ohio's largest state park, Salt
> Fork in Guernsey County.
>
> *Encino is one of the most prominent companies that's turning Ohio into a
> fracking sacrifice zone -- and they are 98% owned by the Canada Pension
> Plan.*
>
>    - CPPIB and Encino started EAP in 2017 with $1 billion from CPPIB.
>    - In 2018, CPPIB gave Encino $2 billion to buy all the Chesapeake
>    operations in Ohio.
>    - This year on Earth Day, CPPIB gave EAP another $300 million.
>
> *How we will use the petition*
>
> We think most Canadian pensioners have no idea the funds from their
> paychecks are being invested in this way -- so we plan to tell them. We are
> working with a Canadian environmental group called Shift Action that
> campaigns on pushing retirement plans in Canada to divest from fossil
> fuels.
>
> We have requested a meeting with CPPIB, but did not get a response. Next
> week, we'd like to send signatures from 1000 Ohioans asking CPPIB to stop
> funding Encino. (We will send name, city, state, and any comments only --
> not email addresses).
>
> Then we will work with Shift Action to publicize this petition from
> Ohioans to CPPIB across Ohio and Canadian media. In Ohio we have a major
> climate-fueled drought. In Canada they are dealing with wildfires across
> the northwest. The last thing Canadian retirement plans should be doing is
> propping up fracking in Ohio.
>
> We hope this will let Canadians know how their retirement funds are being
> invested, so they can push CPPIB to do better. Besides the harm to our
> health and the environment, fossil fuels are a bad investment. They have
> underperformed the market for a decade, and they are stranded assets as the
> world transitions to renewable energy.
>
> *Take Action*
>
> Please sign this petition yourself if you have not already, and please
> share this with your family and friends. Together we can make a difference!
>
> Best wishes,
>
> Cathy
>
> P.S. Here's an article with more information.
>
> https://saveohioparks.org/2024/04/25/canada-pension-plan-infuses-300m-into-encino-making-ohio-the-next-fracking-sacrifice-zone/
>
> --
> Cathy Cowan Becker
> she/her/hers
> 937-271-1247
>
> *"Anything else you’re interested in is not going to happen if you can’t
> breathe the air and drink the water. Don’t sit this one out. Do something.
> You are by accident of fate alive at an absolutely critical moment in the
> history of our planet." *— Carl Sagan
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>
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