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Vatican Asks Catholics to Drop Investments in Fossil Fuels, Arms


    21 June 2020

    The Vatican is urging Roman Catholics to sell investments in arms manufacturers and businesses that specialize in oil and other fossil fuels. It also has asked Catholics to look closely at companies in areas such as mining to see if they are hurting the environment.

    The calls are part of a new document for Catholic religious leaders and workers. It marks the fifth anniversary of Pope Francis' encyclical "Laudato Si" (Praised Be) on the need to protect nature, life, and defenseless people.

    FILE - In this Sunday, June 7, 2020 file photo, Pope Francis delivers his blessing as he recites the Angelus noon prayer from the window of his studio overlooking St.Peter's Square, at the Vatican. (AP Photo/Andrew Medichini, File)
    FILE - In this Sunday, June 7, 2020 file photo, Pope Francis delivers his blessing as he recites the Angelus noon prayer from the window of his studio overlooking St.Peter's Square, at the Vatican. (AP Photo/Andrew Medichini, File)

    The document suggests ways to reach the goals of the Pope's letter. The encyclical expressed support for agreements to contain global 扬州在线配资warming. It also warned against the dangers of climate change.

    The new document says people "could favor positive changes" and remove "from their investments companies that do not satisfy certain parameters扬州在线配资." It listed these as respect for human rights, bans on child labor and protection of the environment.

    The document is called ‘Journeying Towards Care For Our Common Home.' One part urges Catholics to refuse to use or invest in "companies that are harmful to human or social ecology, such as abortion 扬州在线配资and arms, and to the environment, such as fossil fuels."

    Another part calls for the "monitoring扬州在线配资" of mining industries to prevent air, soil and water pollution.

    Last month, more than 40 religious groups from around the world promised to sell investments in fossil fuel companies. More than 50 percent of those organizations were Catholic.

    The Vatican bank has said it does not invest in fossil fuels. Many Catholic dioceses 扬州在线配资and educational groups around the world have said the same.

    The document urges Catholics to defend the rights of local populations to have a say in whether their lands can be used for oil or mining. It also defends the right of Catholics to take strong positions against companies that cause environmental disasters or exploit natural resources such as forests.

    I'm Susan Shand.

    The Reuters News Agency reported this story. Susan Shand adapted it for Learning English. George Grow was the editor.

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    Words in This Story

    encyclical – n.扬州在线配资 a letter from the Pope sent to all bishops in the Roman Catholic church

    global – adj. worldwide

    positive – adj. a successful outcome

    parameters – n.扬州在线配资 the line of definition

    ecology - n.扬州在线配资 the study of the relations between one organism to another

    abortion – n.扬州在线配资 the termination of a pregnancy

    monitoring – n. watching over

    dioceses – n.扬州在线配资 an area watched over by a bishop in the Christian faith

    exploit – v.扬州在线配资 to make use of

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