[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:04.88,0:00:07.24,Default,,0000,0000,0000,,OK, so I have to make a confession.
Dialogue: 0,0:00:08.35,0:00:11.01,Default,,0000,0000,0000,,Every time I rehearsed this speech,
Dialogue: 0,0:00:11.80,0:00:15.04,Default,,0000,0000,0000,,I got to the point\Nwhere I almost started crying.
Dialogue: 0,0:00:17.39,0:00:20.29,Default,,0000,0000,0000,,What I want to talk with you about\Nmoves me a lot.
Dialogue: 0,0:00:21.23,0:00:22.79,Default,,0000,0000,0000,,And what moves me
Dialogue: 0,0:00:22.79,0:00:26.45,Default,,0000,0000,0000,,is the beauty and the power\Nof people like you and me
Dialogue: 0,0:00:27.44,0:00:29.52,Default,,0000,0000,0000,,standing up together
Dialogue: 0,0:00:30.80,0:00:34.48,Default,,0000,0000,0000,,to solve a problem\Nthat seems impossible to tackle.
Dialogue: 0,0:00:35.61,0:00:37.39,Default,,0000,0000,0000,,This is me a couple of years ago.
Dialogue: 0,0:00:38.72,0:00:42.93,Default,,0000,0000,0000,,I was deeply unsettled\Nand overwhelmed by global warming.
Dialogue: 0,0:00:43.59,0:00:47.96,Default,,0000,0000,0000,,I knew it was there, but it seemed\Nvery far away and abstract.
Dialogue: 0,0:00:48.59,0:00:52.44,Default,,0000,0000,0000,,And at the same time,\NI was closely surrounded by its cause:
Dialogue: 0,0:00:53.68,0:00:56.09,Default,,0000,0000,0000,,our global economic system
Dialogue: 0,0:00:56.68,0:01:00.36,Default,,0000,0000,0000,,that is based on digging out\Nand burning fossil fuels -
Dialogue: 0,0:01:00.68,0:01:02.98,Default,,0000,0000,0000,,coal, oil and gas -
Dialogue: 0,0:01:04.12,0:01:09.37,Default,,0000,0000,0000,,which holds responsible for two thirds\Nof our global carbon emissions.
Dialogue: 0,0:01:10.81,0:01:13.42,Default,,0000,0000,0000,,Now, living a normal life in Germany,
Dialogue: 0,0:01:13.42,0:01:16.10,Default,,0000,0000,0000,,I was part of the system every day,
Dialogue: 0,0:01:16.10,0:01:21.67,Default,,0000,0000,0000,,from my consumption to the food I eat,\Nthe travel, like in the picture,
Dialogue: 0,0:01:22.55,0:01:24.18,Default,,0000,0000,0000,,the waste I produce.
Dialogue: 0,0:01:25.07,0:01:28.22,Default,,0000,0000,0000,,In fact, I felt that I was\Nso much involved in it
Dialogue: 0,0:01:28.22,0:01:30.59,Default,,0000,0000,0000,,that I didn't even have\Nthe right to oppose it.
Dialogue: 0,0:01:31.96,0:01:34.52,Default,,0000,0000,0000,,I was global warming in a way.
Dialogue: 0,0:01:34.98,0:01:39.46,Default,,0000,0000,0000,,And no matter what I would do\Nto reduce my personal consumption,
Dialogue: 0,0:01:39.80,0:01:42.60,Default,,0000,0000,0000,,it would never be enough\Nto solve the problem.
Dialogue: 0,0:01:44.03,0:01:46.70,Default,,0000,0000,0000,,I felt helpless when I thought of it,
Dialogue: 0,0:01:47.64,0:01:51.34,Default,,0000,0000,0000,,and so for a long time,\NI preferred not to think of it too much.
Dialogue: 0,0:01:54.20,0:01:56.11,Default,,0000,0000,0000,,I'm sure you are aware
Dialogue: 0,0:01:56.11,0:02:00.85,Default,,0000,0000,0000,,that global warming\Nis an increasingly urgent topic.
Dialogue: 0,0:02:02.35,0:02:06.41,Default,,0000,0000,0000,,It's proceeding much more rapidly\Nthen expected just now,
Dialogue: 0,0:02:08.72,0:02:11.38,Default,,0000,0000,0000,,and although we have no time to lose,
Dialogue: 0,0:02:12.41,0:02:15.45,Default,,0000,0000,0000,,our political leaders don't seem\Nto take the necessary steps
Dialogue: 0,0:02:15.45,0:02:18.16,Default,,0000,0000,0000,,to break free from those fossil fuels.
Dialogue: 0,0:02:18.34,0:02:21.02,Default,,0000,0000,0000,,Although there are some\Npretty good options on the table
Dialogue: 0,0:02:21.02,0:02:23.95,Default,,0000,0000,0000,,like introducing carbon taxes,
Dialogue: 0,0:02:25.92,0:02:28.55,Default,,0000,0000,0000,,ending subsidies\Nin the fossil fuel industry -
Dialogue: 0,0:02:28.55,0:02:30.99,Default,,0000,0000,0000,,that are really high,\Nespecially in Germany -
Dialogue: 0,0:02:32.27,0:02:36.69,Default,,0000,0000,0000,,or an obligatory carbon footprint label\Non all the products that we buy
Dialogue: 0,0:02:36.69,0:02:38.34,Default,,0000,0000,0000,,so we actually have a choice
Dialogue: 0,0:02:38.34,0:02:42.16,Default,,0000,0000,0000,,and we foster competition among companies\Nto reduce their emissions.
Dialogue: 0,0:02:43.75,0:02:45.02,Default,,0000,0000,0000,,We get none of this.
Dialogue: 0,0:02:45.77,0:02:49.17,Default,,0000,0000,0000,,And this is even more confusing\Nand unsettling to me.
Dialogue: 0,0:02:50.47,0:02:52.36,Default,,0000,0000,0000,,And I kept asking myself,
Dialogue: 0,0:02:53.11,0:02:58.40,Default,,0000,0000,0000,,"Is there anything I as an individual\Ncan do to open the door to change?"
Dialogue: 0,0:03:00.48,0:03:02.16,Default,,0000,0000,0000,,Well, I found there is.
Dialogue: 0,0:03:04.03,0:03:08.02,Default,,0000,0000,0000,,Two years ago, I signed\Na petition at 350.org.
Dialogue: 0,0:03:08.70,0:03:11.18,Default,,0000,0000,0000,,It's a US based NGO
Dialogue: 0,0:03:11.82,0:03:15.22,Default,,0000,0000,0000,,fighting climate change\Nby building a grassroots movement.
Dialogue: 0,0:03:15.91,0:03:18.09,Default,,0000,0000,0000,,And this movement really excited me.
Dialogue: 0,0:03:19.38,0:03:22.98,Default,,0000,0000,0000,,I saw people taking\Ncreative public action.
Dialogue: 0,0:03:23.90,0:03:26.53,Default,,0000,0000,0000,,They were many,\Nthey were doing it together,
Dialogue: 0,0:03:27.33,0:03:31.57,Default,,0000,0000,0000,,and they didn't at all seem sad\Nor desperate or aggressive.
Dialogue: 0,0:03:32.22,0:03:34.60,Default,,0000,0000,0000,,They looked like they had a lot of fun.
Dialogue: 0,0:03:35.47,0:03:37.98,Default,,0000,0000,0000,,And I fell in love with that movement.
Dialogue: 0,0:03:39.83,0:03:44.60,Default,,0000,0000,0000,,Now, I have children and I have a job -
Dialogue: 0,0:03:44.60,0:03:47.01,Default,,0000,0000,0000,,I'm a service design strategist -
Dialogue: 0,0:03:47.01,0:03:48.56,Default,,0000,0000,0000,,but at this point,
Dialogue: 0,0:03:48.56,0:03:52.39,Default,,0000,0000,0000,,I didn't at all think about how\NI would be able to come up with the time
Dialogue: 0,0:03:53.07,0:03:54.60,Default,,0000,0000,0000,,to put some effort into this.
Dialogue: 0,0:03:54.60,0:03:56.76,Default,,0000,0000,0000,,I just knew I wanted to be part of it.
Dialogue: 0,0:03:58.00,0:04:00.45,Default,,0000,0000,0000,,I wanted to end my paralysis.
Dialogue: 0,0:04:01.49,0:04:04.51,Default,,0000,0000,0000,,On the map of 350.org,\NI found Fossil Free Berlin,
Dialogue: 0,0:04:04.51,0:04:06.100,Default,,0000,0000,0000,,which is the local campaign\Nin the town where I live.
Dialogue: 0,0:04:06.100,0:04:08.39,Default,,0000,0000,0000,,It's a city actually.
Dialogue: 0,0:04:10.05,0:04:13.26,Default,,0000,0000,0000,,When I got to meet these beautiful people,
Dialogue: 0,0:04:14.58,0:04:16.71,Default,,0000,0000,0000,,I learned that their goal
Dialogue: 0,0:04:17.14,0:04:22.56,Default,,0000,0000,0000,,was to get the city of Berlin to divest\Nits capital reserves from fossil fuels.
Dialogue: 0,0:04:23.71,0:04:26.100,Default,,0000,0000,0000,,Just like you might be right now,\NI was asking myself,
Dialogue: 0,0:04:27.30,0:04:29.19,Default,,0000,0000,0000,,What is this 'divestment'?
Dialogue: 0,0:04:29.19,0:04:30.63,Default,,0000,0000,0000,,I had no idea.
Dialogue: 0,0:04:31.88,0:04:35.11,Default,,0000,0000,0000,,But by now, I've found out\Nthree quite amazing things about it
Dialogue: 0,0:04:35.11,0:04:37.24,Default,,0000,0000,0000,,that I want to share with you.
Dialogue: 0,0:04:37.24,0:04:38.61,Default,,0000,0000,0000,,Number one:
Dialogue: 0,0:04:39.80,0:04:44.75,Default,,0000,0000,0000,,Divestment is to pull out our money\Nfrom the fossil fuel industry.
Dialogue: 0,0:04:45.38,0:04:47.55,Default,,0000,0000,0000,,It's basically the opposite\Nof an investment
Dialogue: 0,0:04:47.55,0:04:49.30,Default,,0000,0000,0000,,because the investments that we have
Dialogue: 0,0:04:49.30,0:04:55.10,Default,,0000,0000,0000,,are being withdrawn from companies\Nthat dig out or burn fossil fuels.
Dialogue: 0,0:04:55.94,0:05:01.58,Default,,0000,0000,0000,,Those are companies like Shell, NVE,\NBP, ExxonMobil, Total -
Dialogue: 0,0:05:01.58,0:05:03.24,Default,,0000,0000,0000,,you get the picture.
Dialogue: 0,0:05:04.38,0:05:06.86,Default,,0000,0000,0000,,It's basically a boycott, simple as that.
Dialogue: 0,0:05:08.05,0:05:09.52,Default,,0000,0000,0000,,Now you may say,
Dialogue: 0,0:05:09.52,0:05:11.31,Default,,0000,0000,0000,,"That sounds like a good idea,
Dialogue: 0,0:05:11.31,0:05:14.15,Default,,0000,0000,0000,,but I don't even own shares\Nin these companies."
Dialogue: 0,0:05:15.58,0:05:17.76,Default,,0000,0000,0000,,I also thought that I didn't,
Dialogue: 0,0:05:19.10,0:05:21.52,Default,,0000,0000,0000,,and then I had to found out that I did.
Dialogue: 0,0:05:21.90,0:05:25.87,Default,,0000,0000,0000,,Not because I ever took that decision\Nand thought it was a really good idea,
Dialogue: 0,0:05:25.87,0:05:29.62,Default,,0000,0000,0000,,but because the ones\Nwho received my money did:
Dialogue: 0,0:05:31.03,0:05:34.38,Default,,0000,0000,0000,,public administration, my bank,
Dialogue: 0,0:05:34.66,0:05:38.50,Default,,0000,0000,0000,,my insurances, my pension fund.
Dialogue: 0,0:05:40.03,0:05:42.72,Default,,0000,0000,0000,,No matter who I give my money to,
Dialogue: 0,0:05:43.27,0:05:45.69,Default,,0000,0000,0000,,some of it goes\Nto the fossil fuel industry,
Dialogue: 0,0:05:45.69,0:05:49.80,Default,,0000,0000,0000,,in the form of loans, shares,\Nproject finance, bonds.
Dialogue: 0,0:05:49.99,0:05:52.62,Default,,0000,0000,0000,,Today there is almost no exception.
Dialogue: 0,0:05:55.39,0:05:57.99,Default,,0000,0000,0000,,Now, I realized\Nthis makes me a stakeholder,
Dialogue: 0,0:05:58.88,0:06:01.59,Default,,0000,0000,0000,,and as a stakeholder I can interfere.
Dialogue: 0,0:06:02.41,0:06:05.52,Default,,0000,0000,0000,,I can tell them that I don't want this.
Dialogue: 0,0:06:06.79,0:06:09.04,Default,,0000,0000,0000,,Chances are better\Nif I don't do it on my own
Dialogue: 0,0:06:09.04,0:06:11.85,Default,,0000,0000,0000,,but together with other people\Nwho are in the same position.
Dialogue: 0,0:06:12.68,0:06:15.21,Default,,0000,0000,0000,,And this is how\Nthe divestment movement works:
Dialogue: 0,0:06:15.21,0:06:17.41,Default,,0000,0000,0000,,individuals get together
Dialogue: 0,0:06:17.88,0:06:22.83,Default,,0000,0000,0000,,and ask their institutions\Nto divest from fossil fuels.
Dialogue: 0,0:06:24.83,0:06:28.89,Default,,0000,0000,0000,,It's something very simple\Nand obvious we are asking for.
Dialogue: 0,0:06:30.38,0:06:32.45,Default,,0000,0000,0000,,It's to divest from those companies
Dialogue: 0,0:06:32.45,0:06:37.18,Default,,0000,0000,0000,,that are at the root of the system\Nthat we need to change.
Dialogue: 0,0:06:37.53,0:06:39.22,Default,,0000,0000,0000,,And it's usually not that much;
Dialogue: 0,0:06:39.22,0:06:43.80,Default,,0000,0000,0000,,it's just between five and ten percent\Nof all investments that needs to be moved.
Dialogue: 0,0:06:44.94,0:06:48.21,Default,,0000,0000,0000,,It's a totally realistic goal,\Nand we can reach it.
Dialogue: 0,0:06:49.10,0:06:50.49,Default,,0000,0000,0000,,So, now you may say,
Dialogue: 0,0:06:51.65,0:06:53.77,Default,,0000,0000,0000,,"Well, if it's not that much money,
Dialogue: 0,0:06:53.77,0:06:55.15,Default,,0000,0000,0000,,who cares?"
Dialogue: 0,0:06:56.06,0:06:57.44,Default,,0000,0000,0000,,And even worse,
Dialogue: 0,0:06:57.44,0:07:00.31,Default,,0000,0000,0000,,"If these institutions divest
Dialogue: 0,0:07:00.31,0:07:03.50,Default,,0000,0000,0000,,somebody else is going to buy\Ntheir shares, right?"
Dialogue: 0,0:07:05.25,0:07:06.54,Default,,0000,0000,0000,,It's true.
Dialogue: 0,0:07:06.97,0:07:09.46,Default,,0000,0000,0000,,The fossil fuel industry is very big,
Dialogue: 0,0:07:09.46,0:07:12.50,Default,,0000,0000,0000,,and there will always be\Ninvestors who don't care.
Dialogue: 0,0:07:13.54,0:07:17.84,Default,,0000,0000,0000,,So, will the fossil fuel industry\Neven take any notice of what's going on?
Dialogue: 0,0:07:17.84,0:07:20.87,Default,,0000,0000,0000,,How can divestment\Nactually change anything?
Dialogue: 0,0:07:22.17,0:07:27.17,Default,,0000,0000,0000,,Well, this brings us to the second thing\Nthat I learned about divestment.
Dialogue: 0,0:07:28.74,0:07:30.63,Default,,0000,0000,0000,,It's not about money.
Dialogue: 0,0:07:31.16,0:07:32.97,Default,,0000,0000,0000,,But it can cause something else;
Dialogue: 0,0:07:32.97,0:07:34.94,Default,,0000,0000,0000,,it can cause moral bankruptcy.
Dialogue: 0,0:07:36.67,0:07:40.05,Default,,0000,0000,0000,,And you can see an example\Nof moral bankruptcy
Dialogue: 0,0:07:40.05,0:07:43.77,Default,,0000,0000,0000,,if you look at the end\Nof the South African apartheid regime.
Dialogue: 0,0:07:45.46,0:07:48.58,Default,,0000,0000,0000,,In the 80's, students in the US
Dialogue: 0,0:07:49.76,0:07:53.74,Default,,0000,0000,0000,,succeeded in asking their universities\Nto divest from companies
Dialogue: 0,0:07:54.14,0:07:58.47,Default,,0000,0000,0000,,that were doing business\Nwith the South African apartheid regime.
Dialogue: 0,0:07:59.28,0:08:02.61,Default,,0000,0000,0000,,And those universities divesting
Dialogue: 0,0:08:03.00,0:08:07.05,Default,,0000,0000,0000,,and talking in public\Nabout why they had done so
Dialogue: 0,0:08:07.82,0:08:10.14,Default,,0000,0000,0000,,led to other institutions following:
Dialogue: 0,0:08:11.33,0:08:16.96,Default,,0000,0000,0000,,faith organizations, unions,\Ncities, investment funds.
Dialogue: 0,0:08:18.40,0:08:20.30,Default,,0000,0000,0000,,It spread like a virus.
Dialogue: 0,0:08:21.24,0:08:26.17,Default,,0000,0000,0000,,And this public dissociation was,\Naccording to Nelson Mandela,
Dialogue: 0,0:08:26.17,0:08:29.35,Default,,0000,0000,0000,,a crucial factor in ending apartheid.
Dialogue: 0,0:08:30.47,0:08:35.03,Default,,0000,0000,0000,,And Willem de Klerk, the last president\Nof the apartheid regime, can be quoted:
Dialogue: 0,0:08:36.70,0:08:42.37,Default,,0000,0000,0000,,"When the divestment movement began,\NI knew that apartheid had to end."
Dialogue: 0,0:08:42.37,0:08:45.01,Default,,0000,0000,0000,,[F.W. de Klerk, last president\Nof the apartheid regime]
Dialogue: 0,0:08:45.01,0:08:48.12,Default,,0000,0000,0000,,This is a political leader acknowledging
Dialogue: 0,0:08:49.03,0:08:51.91,Default,,0000,0000,0000,,that once people are ready\Nto move their money
Dialogue: 0,0:08:52.54,0:08:54.94,Default,,0000,0000,0000,,in order to make a moral statement,
Dialogue: 0,0:08:55.92,0:08:58.06,Default,,0000,0000,0000,,they will have their way.
Dialogue: 0,0:09:00.99,0:09:03.34,Default,,0000,0000,0000,,Think about the power that gives to us.
Dialogue: 0,0:09:06.52,0:09:10.22,Default,,0000,0000,0000,,And there is yet a third thing\NI came to understand about divestment:
Dialogue: 0,0:09:11.50,0:09:13.67,Default,,0000,0000,0000,,it's a precondition for change.
Dialogue: 0,0:09:15.25,0:09:19.30,Default,,0000,0000,0000,,Remember I said earlier that we don't see\Nthe necessary political steps?
Dialogue: 0,0:09:20.24,0:09:21.83,Default,,0000,0000,0000,,Well, here is why.
Dialogue: 0,0:09:22.19,0:09:24.50,Default,,0000,0000,0000,,We as a society
Dialogue: 0,0:09:24.50,0:09:28.90,Default,,0000,0000,0000,,currently depend on the profits\Nof the fossil fuel industry.
Dialogue: 0,0:09:28.90,0:09:31.46,Default,,0000,0000,0000,,Because we invested in them everywhere.
Dialogue: 0,0:09:32.52,0:09:35.81,Default,,0000,0000,0000,,Our wellbeing depends\Non their dirty business.
Dialogue: 0,0:09:36.20,0:09:39.87,Default,,0000,0000,0000,,Currently, as it is, if they fall,\Nwe lose our money.
Dialogue: 0,0:09:40.92,0:09:42.42,Default,,0000,0000,0000,,On the other hand,
Dialogue: 0,0:09:42.42,0:09:46.31,Default,,0000,0000,0000,,we know if they remain profitable,\Nthe planet will be boiled.
Dialogue: 0,0:09:47.34,0:09:49.21,Default,,0000,0000,0000,,Which one is worse?
Dialogue: 0,0:09:50.43,0:09:52.21,Default,,0000,0000,0000,,We need to understand
Dialogue: 0,0:09:52.94,0:09:56.98,Default,,0000,0000,0000,,that ending this dependency\Nis a precondition
Dialogue: 0,0:09:57.08,0:10:02.10,Default,,0000,0000,0000,,for taking the necessary steps\Nto stop global warming,
Dialogue: 0,0:10:03.81,0:10:06.69,Default,,0000,0000,0000,,for rebuilding our economy
Dialogue: 0,0:10:06.69,0:10:10.46,Default,,0000,0000,0000,,and changing it into one\Nthat is based on renewables.
Dialogue: 0,0:10:12.40,0:10:15.83,Default,,0000,0000,0000,,Divestment is not going to solve\Nall the problems immediately,
Dialogue: 0,0:10:15.83,0:10:19.18,Default,,0000,0000,0000,,but it's the first necessary step\Ntowards solving them.
Dialogue: 0,0:10:23.20,0:10:25.100,Default,,0000,0000,0000,,And the virus is spreading.
Dialogue: 0,0:10:28.96,0:10:32.90,Default,,0000,0000,0000,,This is what this powerful\Nand wonderful movement
Dialogue: 0,0:10:32.90,0:10:36.56,Default,,0000,0000,0000,,has been achieving in the past 18 months;
Dialogue: 0,0:10:36.56,0:10:39.78,Default,,0000,0000,0000,,all of these institutions\Nhave decided to divest.
Dialogue: 0,0:10:40.43,0:10:44.77,Default,,0000,0000,0000,,It's started with a lot of\Nuniversities in the US,
Dialogue: 0,0:10:44.77,0:10:47.02,Default,,0000,0000,0000,,Yale being the latest example.
Dialogue: 0,0:10:48.03,0:10:50.83,Default,,0000,0000,0000,,Then there was the Norwegian\NSovereign Wealth Fund.
Dialogue: 0,0:10:50.83,0:10:56.73,Default,,0000,0000,0000,,They decided to divest\Ntheir 900 billion portfolio last year.
Dialogue: 0,0:10:57.86,0:11:02.13,Default,,0000,0000,0000,,There were over 60 cities,\Nsuch as Seattle, Oslo, Copenhagen
Dialogue: 0,0:11:02.13,0:11:06.24,Default,,0000,0000,0000,,and Munster, being the first German city,\Nto take that decision last year,
Dialogue: 0,0:11:06.59,0:11:08.47,Default,,0000,0000,0000,,where responsibles said,
Dialogue: 0,0:11:08.47,0:11:12.03,Default,,0000,0000,0000,,"It was surprisingly easy\Nand quickly done."
Dialogue: 0,0:11:12.76,0:11:15.20,Default,,0000,0000,0000,,And then other huge institutions followed:
Dialogue: 0,0:11:16.02,0:11:19.14,Default,,0000,0000,0000,,The Rockefeller Foundation,\NThe Guardian Media Group,
Dialogue: 0,0:11:19.79,0:11:22.07,Default,,0000,0000,0000,,The British Medical Association,
Dialogue: 0,0:11:24.03,0:11:27.27,Default,,0000,0000,0000,,a lot of faith organizations\Nand the Church of Scotland.
Dialogue: 0,0:11:27.52,0:11:29.77,Default,,0000,0000,0000,,And even the Bill\Nand Melinda Gates Foundation,
Dialogue: 0,0:11:29.77,0:11:33.63,Default,,0000,0000,0000,,who would not call it "divestment,"\Nbut that is really what they do.
Dialogue: 0,0:11:35.55,0:11:39.19,Default,,0000,0000,0000,,So, the entire sum
Dialogue: 0,0:11:39.19,0:11:44.69,Default,,0000,0000,0000,,adds up to 3.4 trillion US dollars
Dialogue: 0,0:11:44.69,0:11:47.11,Default,,0000,0000,0000,,that are committed\Nfor divestment right now.
Dialogue: 0,0:11:49.19,0:11:53.59,Default,,0000,0000,0000,,Now, what about my hometown, Berlin,\Nand the campaign I'm in?
Dialogue: 0,0:11:54.54,0:11:55.88,Default,,0000,0000,0000,,We are not on the list yet,
Dialogue: 0,0:11:55.88,0:11:59.97,Default,,0000,0000,0000,,but we had a meeting\Nwith the senator for finance last week.
Dialogue: 0,0:12:00.70,0:12:04.16,Default,,0000,0000,0000,,And he said that he began\Nlooking into divestment
Dialogue: 0,0:12:04.26,0:12:07.24,Default,,0000,0000,0000,,just shortly after\Nwe launched our campaign,
Dialogue: 0,0:12:07.37,0:12:10.56,Default,,0000,0000,0000,,and he expects it to be done\Nby the end of this year.
Dialogue: 0,0:12:11.81,0:12:15.36,Default,,0000,0000,0000,,We're ten people in a four million town.
Dialogue: 0,0:12:16.88,0:12:17.94,Default,,0000,0000,0000,,Now -
Dialogue: 0,0:12:17.94,0:12:22.10,Default,,0000,0000,0000,,(Applause)
Dialogue: 0,0:12:30.25,0:12:31.76,Default,,0000,0000,0000,,Getting him to talk to us
Dialogue: 0,0:12:31.76,0:12:34.25,Default,,0000,0000,0000,,obviously was a lot of work\Nin the past year.
Dialogue: 0,0:12:35.38,0:12:39.61,Default,,0000,0000,0000,,And I did most of that work\Nat nights and on weekends
Dialogue: 0,0:12:39.61,0:12:43.84,Default,,0000,0000,0000,,because of my family\Nand my job filling my days.
Dialogue: 0,0:12:45.79,0:12:48.83,Default,,0000,0000,0000,,It was very exhausting,\Nbut I could not stop.
Dialogue: 0,0:12:49.36,0:12:51.87,Default,,0000,0000,0000,,It was also a challenge\Nfor the people around me,
Dialogue: 0,0:12:51.87,0:12:54.72,Default,,0000,0000,0000,,and my husband at times,\Nfrankly, almost went nuts.
Dialogue: 0,0:12:55.08,0:12:57.35,Default,,0000,0000,0000,,Thank God, he is here today.
Dialogue: 0,0:12:59.92,0:13:04.23,Default,,0000,0000,0000,,So, over the last winter,\NI decided to take a climate sabbatical.
Dialogue: 0,0:13:04.23,0:13:05.72,Default,,0000,0000,0000,,I was lucky I could do that.
Dialogue: 0,0:13:05.72,0:13:08.68,Default,,0000,0000,0000,,I wanted more time during the day\Nfor the Berlin campaign,
Dialogue: 0,0:13:09.44,0:13:11.45,Default,,0000,0000,0000,,and also, I wanted to do something else,
Dialogue: 0,0:13:11.45,0:13:15.67,Default,,0000,0000,0000,,I wanted to address my own pension fund -\NVersorgungswerk der Presse -
Dialogue: 0,0:13:17.90,0:13:19.74,Default,,0000,0000,0000,,and make them divest.
Dialogue: 0,0:13:19.92,0:13:22.75,Default,,0000,0000,0000,,I sent a letter to them last fall,
Dialogue: 0,0:13:22.75,0:13:24.39,Default,,0000,0000,0000,,and shortly after, they replied
Dialogue: 0,0:13:24.39,0:13:30.19,Default,,0000,0000,0000,,saying that they had decided\Nto divest partly from coal.
Dialogue: 0,0:13:30.94,0:13:34.45,Default,,0000,0000,0000,,Sometimes it can be that simple;\Nit was just one letter -
Dialogue: 0,0:13:34.56,0:13:38.81,Default,,0000,0000,0000,,and of course, the threat to tell\Nthe entire German press about it,
Dialogue: 0,0:13:39.06,0:13:40.78,Default,,0000,0000,0000,,but OK.
Dialogue: 0,0:13:41.15,0:13:42.79,Default,,0000,0000,0000,,(Laughing)
Dialogue: 0,0:13:44.54,0:13:47.06,Default,,0000,0000,0000,,But it is just a first step;\Nit's really too little.
Dialogue: 0,0:13:47.06,0:13:49.01,Default,,0000,0000,0000,,I want my pension to be clean,
Dialogue: 0,0:13:49.01,0:13:51.12,Default,,0000,0000,0000,,and that's why I want them\Nto go all the way.
Dialogue: 0,0:13:51.12,0:13:52.89,Default,,0000,0000,0000,,So I built this website,
Dialogue: 0,0:13:54.26,0:13:57.03,Default,,0000,0000,0000,,and I'm mobilizing journalists\Nand other supporters
Dialogue: 0,0:13:57.24,0:13:58.50,Default,,0000,0000,0000,,to send divestment letters
Dialogue: 0,0:13:58.50,0:14:02.62,Default,,0000,0000,0000,,to the Versorgungswerk der Presse\Nthrough this website.
Dialogue: 0,0:14:02.63,0:14:04.02,Default,,0000,0000,0000,,I hope you will check it out.
Dialogue: 0,0:14:04.02,0:14:06.48,Default,,0000,0000,0000,,And if you think\Nit's a good idea, contribute.
Dialogue: 0,0:14:07.53,0:14:09.56,Default,,0000,0000,0000,,Now, there is really no need
Dialogue: 0,0:14:09.56,0:14:12.74,Default,,0000,0000,0000,,to go all the way crazy\Nover divestment like I did.
Dialogue: 0,0:14:13.34,0:14:17.32,Default,,0000,0000,0000,,You can actually get things going\Nwith fairly little effort.
Dialogue: 0,0:14:18.18,0:14:22.46,Default,,0000,0000,0000,,And that's why I want\Nto encourage you to take action.
Dialogue: 0,0:14:23.73,0:14:25.34,Default,,0000,0000,0000,,Look around you -
Dialogue: 0,0:14:25.34,0:14:29.96,Default,,0000,0000,0000,,the person next to you might be a member\Nof the same pension fund
Dialogue: 0,0:14:29.96,0:14:32.27,Default,,0000,0000,0000,,or a customer of the same bank as you.
Dialogue: 0,0:14:33.98,0:14:37.58,Default,,0000,0000,0000,,You can get together\Nand start by writing a letter.
Dialogue: 0,0:14:39.45,0:14:42.84,Default,,0000,0000,0000,,If you are not sure how to do it,\Nsend me an email - we'll get it done.
Dialogue: 0,0:14:44.50,0:14:47.95,Default,,0000,0000,0000,,Now, I've lived in Hamburg,\Nand I know that it's a wealthy city.
Dialogue: 0,0:14:49.10,0:14:52.57,Default,,0000,0000,0000,,If you have money,\Nmake sure it does the right thing,
Dialogue: 0,0:14:54.16,0:14:57.91,Default,,0000,0000,0000,,and then go and tell everyone\Nwhat you did and why.
Dialogue: 0,0:14:59.80,0:15:02.77,Default,,0000,0000,0000,,If we let our financial institutions know
Dialogue: 0,0:15:02.77,0:15:06.06,Default,,0000,0000,0000,,that we do not want to benefit\Nfrom global warming anymore,
Dialogue: 0,0:15:07.02,0:15:11.10,Default,,0000,0000,0000,,we will set in motion a change process.
Dialogue: 0,0:15:11.85,0:15:15.71,Default,,0000,0000,0000,,I guarantee: the more we are the better.
Dialogue: 0,0:15:17.38,0:15:20.49,Default,,0000,0000,0000,,And my dream is that one day\Nwhen we are looking back,
Dialogue: 0,0:15:21.10,0:15:23.70,Default,,0000,0000,0000,,the fossil fuel industry\Nwill be quoted this:
Dialogue: 0,0:15:24.50,0:15:28.23,Default,,0000,0000,0000,,"When the divestment movement began,\Nwe knew that fossil fuels had to end."
Dialogue: 0,0:15:28.23,0:15:29.52,Default,,0000,0000,0000,,[The fossil fuel industry]
Dialogue: 0,0:15:30.09,0:15:31.31,Default,,0000,0000,0000,,Thank you.
Dialogue: 0,0:15:31.31,0:15:34.90,Default,,0000,0000,0000,,(Applause)