{"id":3381,"date":"2025-01-12T14:56:33","date_gmt":"2025-01-12T13:56:33","guid":{"rendered":"https:\/\/scientistrebellion.de\/?page_id=3381"},"modified":"2025-01-20T19:03:05","modified_gmt":"2025-01-20T18:03:05","slug":"ugmskb5arrbujyr3quwrv6ttauca6svy","status":"publish","type":"page","link":"https:\/\/scientistrebellion.de\/de\/ugmskb5arrbujyr3quwrv6ttauca6svy\/","title":{"rendered":"QR-code &#8211; Kenfo &#8211; Berlin"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"3381\" class=\"elementor elementor-3381\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3006742 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3006742\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e1fc539\" data-id=\"e1fc539\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c8b62e2 elementor-widget elementor-widget-heading\" data-id=\"c8b62e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Plastering Against KENFO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc7ff19 elementor-widget elementor-widget-text-editor\" data-id=\"cc7ff19\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\">Welcome! You are here because you have scanned a QR code at our paper-pasting action against KENFO.<\/p><p>KENFO is a lot of money, a lot of investments and\u2026 it is supposed to be sustainable. Yet they are actually <strong>investing a massive amount of money in fossil fuels<\/strong>. Details coming up.<\/p><p>But first, <strong>who are we<\/strong>?<\/p><p>We are a group\u00a0of scientists spending our free time pasting scientific papers so that scandals like this don\u2019t go unnoticed. (<em>B<\/em><em>y the way, we only use water-soluble glue, that means, easy to clean, no material damage \ud83d\ude42<\/em> ). That\u2019s among other types of actions. Anyway, in general, we aim to raise awareness about and denounce those who continuously destroy\u00a0the ecosystems that sustain life on Earth. In this case, we are denouncing KENFO for willingly ignoring the science.\u00a0Worse, for openly lying about it, and pretending they care.<\/p><p>So, <strong>what\u2019s KENFO<\/strong>, what are they supposed to do, what do they claim to do, and finally, what do they really do? And since we mentioned money earlier, how much are we talking about?<\/p><p><strong>Basically, why should we be outraged? <\/strong><\/p><p><strong>KENFO = Fund for the financing of nuclear waste disposal<\/strong>\u00a0<\/p><p>KENFO is a <strong>federal foundation under public law<\/strong>, established in 2017. They have the <strong>legal mandate<\/strong> of financing the disposal of nuclear radioactive waste coming from energy production in Germany. So yes, if you are following, that\u2019s why we claim that they have the objective, and even <strong>the duty<\/strong>, of helping to <strong>maintain healthy ecosystems<\/strong>, not destroying them. Let\u2019s see how that actually goes\u2026<\/p><p>In 2017, the German government decided to shut down nuclear power plants for good.\u00a0The operators of these\u00a0plants\u00a0weaseled out of their responsibility to take care of their radioactive waste for centuries to come with a <strong>one-off payment<\/strong> of 24 billion Euros : <strong>24\u00a0000\u00a0000\u00a0000 \u20ac.<\/strong>\u00a0The responsibility of taking care of the waste\u00a0was handed over to the federal government. But this requires money. Lots of money. So\u00a0they created KENFO to take the \u20ac24bn and invest them in a safe way, to make sure that there is enough money to finance the storage\u00a0of the radioactive waste over the next centuries. KENFO\u2019s primary task is to keep our ecosystems clean. Accordingly, they are obliged to comply with certain norms, aren\u2019t they?<\/p><p>Well\u2026 technically, <strong>they have to<\/strong> integrate the so-called \u201cESG criteria\u201d (Environment, Social, Governance) into their investment strategy; as stipulated in the administrative regulation \u201cInvestment Guidelines\u201d of June 27, 2017 of the Federal Ministry of Finance. That means that they have to invest their money in a way that is sustainable. In particular, the German Bundestag has forbidden them from investing in any company linked to nuclear power. However,<strong> nothing<\/strong><strong> is<\/strong><strong> said about fossil fuels.<\/strong>\u00a0<\/p><p><strong>We demand that this is changed<\/strong>!<\/p><p>As a matter of fact, KENFO invests tremendous amounts of money in fossil fuel companies. Fossil fuels are well-known for being one of the main killers of the planet and species. It\u2019s essential that money which is supposed to\u00a0protect the environment from harm by one thing, nuclear waste, is not invested into what&#8217;s killing it another way, fossil fuels!\u00a0<strong>It is the German federal government\u2019s responsibility to make sure that these investments into fossil fuels come to an end<\/strong>.<\/p><p>You may wonder in detail: <strong>how much money is actually being invested in fossil fuel<\/strong><strong>s<\/strong> and how extensive is the problem?<\/p><p>Well, every year, KENFO has to publish the detailed list of their investments. This enabled the NGO urgewald to analyze the KENFO portfolio and compare it with the global databases GOGEL &amp; GCEL of all coal-gas-oil companies. Here comes the result of their investigation, published in a <a href=\"https:\/\/www.urgewald.org\/sites\/default\/files\/media-files\/urgewald_KENFO-Briefing-2024-en.pdf\">report<\/a>. Brace yourselves. This looks ugly.<\/p><ul><li>As of December 31, 2022, KENFO had invested a total of <strong>\u20ac771 million <\/strong>in <strong>107 fossil fuel companies<\/strong>\u00a0<em>(&lt;3% of all companies in the portfolio &#8211; <\/em><u><em><strong>small share, huge damage<\/strong><\/em><\/u>)<ul><li>From these investments, the vast majority are dedicated to oil and gas companies, including <strong>Exxon Mobil<\/strong>, <strong>TotalEnergies<\/strong>, <strong>Shell<\/strong> und die <strong>BP<\/strong>.\u00a0Most of them are expanding their fossil fuel business and are thus on a confrontation course with the 1.5-degree limit and the Paris Climate Agreement.<\/li><li>But some money is also invested in <strong>coal companies<\/strong> who show little interest in making their business less destroying for the climate.<\/li><\/ul><\/li><\/ul><p>That was for 2022.<\/p><p>Now, let\u2019s dig a bit deeper. KENFO claims they desire to make investments that have net zero CO2 emissions by 2050. Yet, there is no such intent demonstrated by their investments. And even worse, in 2023, their investments in fossil fuel companies increased to \u20ac780 million. In 2024, an addition to their portfolio was made with investments in SaudiAramco, the world&#8217;s largest gas and oil company. Today, the <a href=\"https:\/\/investinginclimatechaos.org\/data?org=KENFO+-+Fonds+zur+Finanzierung+der+kerntechnischen+Entsorgung\"><u>urgewald database<\/u><\/a> references 114 companies in which KENFO has invested about \u20ac818 million. Far from decreasing, the problem is really getting worse.<\/p><p>We are not the only ones pointing our fingers at KENFO. Greenpeace also wrote an <a href=\"https:\/\/presseportal.greenpeace.de\/242362-generationenkapital-so-wenig-nachhaltig-ist-der-geplante-staatsfonds-wirklich\"><u>alarming investments analysis<\/u><\/a>. The media has also raised concern, including <a href=\"https:\/\/www.tagesschau.de\/wirtschaft\/verbraucher\/aktienrente-investitionen-kritik-100.html\"><u>Tagesschau<\/u><\/a> und die <a href=\"https:\/\/www.deutschlandfunk.de\/greenpeace-wirft-kenfo-fonds-problematische-investitionen-vor-100.html\"><u>Deutschlandfunk<\/u><\/a>.<\/p><p>Now that you have more info, knowledge and sources to dig further yourself:<\/p><p>Join us in demanding that this funding of climate chaos stops here!<\/p><p>Join us in calling upon our political representatives for money dedicated to public services, and to keeping our grounds clean from radioactive waste, to not be poured into destroying our ecosystems by burning fossil fuels!<\/p><p>Join us, with only a month to go until the elections, in demanding that political players meet their responsibilities towards future generations!<\/p><p><strong>Join us in demanding that fossil fuel investments from KENFO come to an end<\/strong>!<\/p><h3>Wer sind wir?<\/h3><p>Wir sind Scientist Rebellion: Akademikerinnen und Akademiker, die in Deuschland forschen und arbeiten und mittels zivilem Widerstand sich f\u00fcr Klimagerechtigkeit einsetzen.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Plastering Against KENFO Welcome! You are here because you have scanned a QR code at our paper-pasting action against KENFO. KENFO is a lot of money, a lot of investments and\u2026 it is supposed to be sustainable. Yet they are actually investing a massive amount of money in fossil fuels. Details coming up. But first,&hellip; <br \/> <a class=\"read-more\" href=\"https:\/\/scientistrebellion.de\/de\/ugmskb5arrbujyr3quwrv6ttauca6svy\/\">Weiterlesen<\/a><\/p>","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3381","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/pages\/3381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/comments?post=3381"}],"version-history":[{"count":19,"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/pages\/3381\/revisions"}],"predecessor-version":[{"id":3414,"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/pages\/3381\/revisions\/3414"}],"wp:attachment":[{"href":"https:\/\/scientistrebellion.de\/de\/wp-json\/wp\/v2\/media?parent=3381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}