Madam,

In October of this year, the International Panel on Climate Change announced that the world has just 12 years in which to avert catastrophic climate change.

In order to achieve this, it is agreed that between 75 and 80 per cent of fossil fuels not yet exploited will have to remain in the ground. The Bank of England has said that, in this context, investment in fossil fuels is financially risky.

As a result of this, a number of councils and organisations in Britain and worldwide have chosen to divest from fossil fuels, recognising this as a moral and financial necessity.

Ceredigion County Council is not one of these. The council must reform its harmful and imprudent investment policy as a matter of urgency if it is not to be complicit in the further degradation of the earth.

This dirty money cannot buy us a clean and productive future.

Yours etc,

Laura Guillaume, Bryn Ardwyn, Aberystwyth.

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