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The ongoing investments in the U.S. reflect a long-running rift between U.S. Catholic bishops and the pope on how to address global warming. The pope's Laudato Si encyclical urged immediate action against climate change, declaring that "highly polluting fossil fuels need to be progressively replaced without delay." The Vatican bank, which is separate from APSA, also does not invest in fossil fuels, a bank official said. Notably absent are any dioceses in the U.S.Reuters reviewed the financial reports published by two dozen of the nation's more than 170 Catholic dioceses, including several of its largest, and found that few provide details on specific investments. He called the enormous financial gains by oil companies "immoral profits."
Persons: Pope Francis, Remo Casilli, Dan DiLeo, Peter Marlow, Anne, Marie Welsh, William Lori, Joshtrom Kureethadam, Chieko Noguchi, Noguchi, USCCB, Sabrina Danielsen, Danielson, Richard Valdmanis, Philip Pullella, John Mair, Suzanne Goldenberg Organizations: Catholic, drillers, U.S . Conference of Catholic Bishops, Catholic Church, Reuters, Justice, Peace, Creighton University in, Vatican, Opportunity Fund, Collective Investment, Archdiocese, Development, American Petroleum Institute, Christian Brothers Investment Service, Investment, BP, Shell, Creighton University, U.S, Thomson Locations: United States, Dubai, Creighton University in Nebraska, U.S, APSA, Vatican, Ireland, Germany, Archdiocese, Boston, Chicago, San Francisco, Erie , Pennsylvania, Texas, San Antonio, Austin, Fort Worth . Erie, Erie, Baltimore, Paris, Saudi Aramco, PetroChina, India, Vatican City, Berlin, Sydney
The ongoing investments in the U.S. reflect a long-running rift between U.S. Catholic bishops and the pope on how to address global warming. The pope's Laudato Si encyclical urged immediate action against climate change, declaring that "highly polluting fossil fuels need to be progressively replaced without delay." The Vatican bank, which is separate from APSA, also does not invest in fossil fuels, a bank official said. A CCF official said energy and fossil fuels stocks make up between 3.5% and 6% of archdiocese investment funds, and that CCF uses its shareholder status to press for corporate environmental improvements. He called the enormous financial gains by oil companies "immoral profits."
Persons: Pope Francis, Dan DiLeo, Peter Marlow, Remo Casilli, Anne, Marie Welsh, William Lori, Bernard Hebda, Saint, Joshtrom Kureethadam, Chieko Noguchi, Noguchi, USCCB, Sabrina Danielsen, Danielson, Richard Valdmanis, Philip Pullella, John Mair, Suzanne Goldenberg Organizations: Catholic, drillers, U.S . Conference of Catholic Bishops, Catholic Church, Reuters, Justice, Peace, Creighton University in, Vatican, Opportunity Fund, Collective Investment, Archdiocese, Minneapolis, Catholic Community Foundation of Minnesota, CCF, Development, American Petroleum Institute, Christian Brothers Investment Service, Investment, BP, Shell, Creighton University, U.S, Thomson Locations: United States, Dubai, Creighton University in Nebraska, U.S, APSA, Vatican, Ireland, Germany, Archdiocese, Boston, Chicago, San Francisco, Erie , Pennsylvania, Texas, San Antonio, Austin, Fort Worth . Erie, Erie, Baltimore, Saint Paul, Paris, Saudi Aramco, PetroChina, India, Vatican City, Berlin, Sydney
BALTIMORE (AP) — Soon after U.S. bishops inside a Baltimore hotel approved materials on how Catholics should vote in 2024 elections, their recently ousted colleague and dozens of his supporters rallied outside the annual fall business meeting. We are serving migrants in our dioceses.”Outside the meeting’s last day of public sessions, Strickland, the ousted bishop, continued to make his presence known. When the pope asked Bishop Strickland to resign, it was a wound to the whole church,” Allen said. Many U.S. Catholic student centers are named in honor of Newman, which Bishop William Byrne, a former college chaplain, pointed out. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: , Bishop Joseph Strickland, Pope Francis, restate, , William Lori, Strickland, Cardinal Christophe Pierre, Pope Francis ’, Mary Rappaport, Suzanne Allen, , Bishop Strickland, ” Allen, Rappaport, ” Strickland, Cardinal John Henry Newman, Newman, Bishop William Byrne, ” Newman, Robert Barron, ” ___ Smith Organizations: BALTIMORE, U.S . Conference of Catholic Bishops, U.S, Catholic, ___, Lilly Endowment Inc, AP Locations: Baltimore, Tyler , Texas, America, , United States, Alexandria , Virginia, Westport , Connecticut, Winona, Rochester, Minnesota, Pittsburgh
CNN —Pope Francis has removed a Texas bishop from his position after an investigation ordered by the Vatican. “The recommendation was made to the Holy Father that the continuation in office of Bishop Strickland was not feasible,” reads the statement. “After months of careful consideration by the Dicastery for Bishops and the Holy Father, the decision was reached that the resignation of Bishop Strickland should be requested. Having been presented with that request on November 9, 2023, Bishop Strickland declined to resign from office.”“Thereafter, on November 11, 2023, the Holy Father removed Bishop Strickland from the Office of Bishop of Tyler,” he added. Bishop Joe Vásquez of Austin has been appointed “apostolic administrator” of the Tyler diocese, according to the Archdiocese’s statement announcing Strickland’s removal.
Persons: Pope Francis, Pope, Bishop Joseph E, Strickland, Cardinal Daniel Nicholas DiNardo, , Bishop Dennis Sullivan, Gerald Kicanas, Francis, Joe Biden, Harris, ” Strickland, DiNardo, Tyler, Bishop Strickland, , ” “, Bishop Joe Vásquez Organizations: CNN, Vatican, National Catholic, US Conference of Catholic Bishops, Biden, Bishops, Catholic Locations: Texas, Tyler , Texas, Metropolitan, Galveston, Houston, Tyler, Camden, Tucson, Austin
The internal politics of the U.S. Conference of Catholic Bishops were dominated last year by debate over whether to deny Communion to politicians who backed abortion rights. U.S. Catholic bishops will choose a national president this week in elections that will help shape their public policy agenda and hence their relations with Washington—and the Vatican—over the next three years. The outcome is likely to signal that the U.S. Conference of Catholic Bishops, which is holding its annual fall assembly Nov. 14-17 in Baltimore, will continue to give priority to opposition to abortion over other issues on which it is active, including poverty and migration, rather than take its cues from Pope Francis . The pope has spoken out strongly against abortion yet given greater emphasis to other issues, including social and economic justice and the environment, and he has taken a more conciliatory approach than the USCCB leadership to President Biden, a practicing Catholic who supports abortion rights.
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