• Divest University of Scranton From Fossil Fuels
    As a Jesuit University, the University of Scranton knows the importance of taking care of the Earth. The University teaches about taking care of God's planet and this offers them an opportunity to live by example. Until the University divests from fossil fuels and invests in "greener" options, it is not putting actions behind its values and teaching. Climate change is accelerating. We are witnessing the increasing impacts of a warming planet more and more consistently; in this last year alone our country experienced record-breaking heat, droughts, and hurricanes, which impacted hundreds of thousands of people and cost our country hundreds of billions of dollars. Hurricane Sandy alone caused $50 billion in damages. Experts agree that global warming caused by humans burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. The scientific consensus is clear and overwhelming; we cannot safely burn even half of global fossil-fuel reserves without dangerously warming the planet for several thousand years.
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  • Divest QMUL from fossil fuels
    Climate change is happening and it is harmful; very few people deny this nowadays. So why is it okay for QMUL and other universities and organisations, which are supposed to be setting an example to the younger generation, to profit from this damage? Too many UK universities support the fossil fuel industry directly through their research, their endowments and investments and their partnerships with some of the biggest fossil fuel companies in the world like BP and Shell. For this reason, UK students have decided to take on the fossil fuel industry by getting our universities to go Fossil Free. People & Planet is joining forces with the 350.org campaign that has been sweeping across North American campuses. By divesting, QMUL will join many universities, religious institutions and local governments across the world that have already committed. Only with a combined effort can we make a substantial dent in the financial support that fossil fuel companies require to survive. The response of QMUL to a Freedom of Information Act request last year proved that the university does have investments in fossil fuels. However, the university refused to specify how much money and in which companies. However, the response did inform us that a meeting took place last June to discuss the possibilities of divesting from fossil fuels. The decision was made to maintain current investments but now we known they have been considering it and they can't go back. Now we need to turn up the pressure and show them we mean business! Human health at risk As seen in the QMUL Ethical Investment Policy, Queen Mary is already committed to avoiding direct investment in any company whose business activity is tobacco products, reasoning that the College seeks to promote good health through its School of Medicine and Dentistry. [1] This reasoning can also be applied to fossil fuel divestment because, as the 2015 Lancet Commission reads, climate change is “the greatest threat to human health in the 21st century”. [2] According to the World Health Organisation, from the years 2030 to 2050, climate change is expected to cause approximately 250,000 additional deaths per year by affecting determinants of health such as clean air, safe drinking water, sufficient food and secure shelter. [3] It is entirely conflicting to simultaneously promote good health through the medical school and invest in companies that damage the health of the world. The British Medical Journal has appealed to health institutions to divest and early victories from the British Medical Association, the University of Glasgow and the London School of Hygiene and Tropical Medicine show that what we ask is easily achievable and health institutions should stick together and set an example to the world. The guiding principle of ‘do no harm’ should be applied to the full range of activities that Barts and the London and QMUL are involved in. Finances at risk The ethical investment policy also states that “taking ethical and environmental considerations into account in an investment decision will enhance the returns available in the long term”. [1] it is now apparent that investments in fossil fuel companies are not sustainable. The share prices of coal, gas and oil companies depend on the value of known carbon reserves. Considering that countries have agreed to limit global warming to 2°C, 80% of known carbon reserves will have to remain in the ground; [4] “the majority of the world’s reserves are unburnable” says Mark Carney, Governor of the Bank of England. Fossil fuel assets pose a serious vulnerability to the stability of the financial system in the carbon-constrained world of the future. QMUL is therefore exposing itself to major financial risk by continuing to invest the school’s endowments in fossil fuels. The Environmental Policy of QMUL says “the College is committed to the principles and practices of environmental protection and environmental sustainability across all areas of activity, with College-wide involvement and responsibility”. [5] It is apparent that many official policies of QMUL would converge on a commitment to divest from fossil fuels yet so far no such action has been taken. From Canada’s dirty tar sands to Arctic drilling and hydraulic fracturing (or fracking) for shale gas - the fossil fuel industry is scraping the bottom of the barrel and causing huge environmental and human devastation in the process. Withdrawing our institutions’ financial and moral backing for this climate-wrecking industry is crucial to tackling climate change. References: [1] http://www.arcs.qmul.ac.uk/docs/policyzone/118943.pdf [2] http://www.thelancet.com/journals/lancet/article/PIIS0140-6736(15)60854-6/abstract [3] http://www.who.int/mediacentre/factsheets/fs266/en/ [4] http://www.nature.com/nature/journal/v517/n7533/abs/517150a.html [5] http://www.qmul.ac.uk/about/sustainability/Documents/80817.pdf
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  • RWTH Aachen: Raus aus fossiler Energie
    Der kürzlich veröffentlichte neuste Bericht des Weltklimarats spricht eine deutliche Sprache. Wenn wir den Anstieg des globalen Klimas auf unter 2°C begrenzen wollen, darf der Großteil der fossilen Energiereserven wie Kohle, Öl und Gas nicht verbrannt werden.
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  • St Hilda's College Divestment Campaign
    We believe St Hilda’s should do this for three main reasons: 1. To demonstrate support for its own scholars; 2. To remain financially responsible in a world turning its support away from the fossil fuel industry; 3. To show leadership within and as part of the university. By divesting from fossil fuels, St Hilda’s college can support its scholars, show leadership within the university and as part of a university with such an important reputation, and adopt the best investment practice from both an ethical and financial perspective. As St Hilda’s College academics, staff and alumnae, we therefore urge the college to take action on climate change and divest from fossil fuels.
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  • Make UCLan Fossil Free
    Climate change caused by greenhouse gases is one of the most serious threats to the future of the planet and we are already beginning to see its effects both globally and locally, with extreme weather events such as storms, droughts and flooding becoming more common. If we continue to burn fossil fuels at the current rate it will have devastating effects on our planet and communities. By divesting our university's money from fossil fuel companies we will be helping in the fight against climate change. Not only are fossil fuel companies harmful to the planet, they are also an unsound investment, with the value of many companies falling drastically. It would be better to remove our money sooner rather than later. UCLan has a reputation as a very green university, clearly its investments should reflect this. Several UK universities have already divested from fossil fuels, surely it's time to join them.
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  • Fossil Free St Andrews
    The reasons we make these demands are twofold; preventing mitigating the impacts of catastrophic climate change and renewing the University's commitment to sustainability. The scientific community has long held the consensus that two degrees Celsius of warming will cause rising sea levels, droughts, biodiversity loss and more extreme weather fronts amongst other phenomena. Global oil, gas and coal reserves held by extraction companies contain five times more carbon than the planet's atmosphere can handle safely. Burning just 20% of this would be enough to incur runaway climate change. Divestment is thus a powerful moral and cultural tool to avert this. The University of St Andrews has a proud history of ethical investment. Indeed it is one of only three universities in the UK with an explicit sustainable investment policy. St Andrews has embraced sustainable development in its research and operations; it was the first in the UK to introduce a teaching programme in Sustainable Development in 2004 and boasts a host of environmental and research institutes such as as the St Andrews Sustainability Institute (SASI). Most of our fund has been divested from fossil fuels, we should thus go one extra step and rid fossil fuels from our investment portfolio altogether. As a member of the University this is not only your opportunity to ensure a better world, but your responsibility to both future generations and in supporting the University's desire to become carbon neutral for energy. Please sign this petition to ensure that future.
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  • Cornell Alumni for Fossil Fuel Divestment
    We urge the University to divest for three reasons: 1. Public divestment is a necessary counterpart to Cornell’s climate action leadership in research and education; the University is effectively endorsing the fossil fuel industry by its financial silence on this issue. 2. As the world shifts toward a low carbon energy profile, the fiduciary interests of Cornell’s endowment will be well served by an expeditious exit from fossil fuel equities. 3. We believe in supporting the five campus assemblies that have already come to this decision for the sake of a healthy democracy at Cornell. Recently, Cornell sent a delegate to COP21 in Paris which included Bob Howarth who is well known for his research on methane gas in the atmosphere. For those of us watching and reading about the event at home, it was extremely distressing to see the extent to which the United States is holding back the entire world from necessary change. Although this movement may have started on college campuses, universities have been slow to divest. We have previously been led to believe this is about the financial performance of endowments. However, recent independent analysis has shown that a diversified portfolio without fossil fuel equities would perform as well or better than one with them. Even though the target equities currently comprise a mere ½ of one percent of the endowment, divestment would have gained Cornell at least $45 million over the past decade. Universities that have participated in divestment actions have outperformed Cornell. We ask that Cornell join the many educational institutions, pension and sovereign wealth funds, and faith-based and charitable organizations who have divested since this movement began in 2013. Currently over 500 institutional investors have committed to some form of fossil fuel divestment, amounting to over $3 trillion of assets (gofossilfree.org/commitments/). The Student Assembly, Faculty Senate, Graduate and Professional Students Assembly, Employee Assembly, and University Assembly have already requested that Cornell should join the global divestment movement. This unanimity of all the on-campus constituencies is unprecedented in Cornell’s history. This fall, over 1,300 members of the Cornell community signed a letter supporting divestment, which was presented to the Board of Trustees. We want to add our voice to theirs.
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  • University of Bradford: Divest from Fossil Fuels
    To a significant extent, the future of students currently studying at the University of Bradford will be shaped by contemporary responses to the threat of dangerous climate change. We believe that it is the University's responsibility to do all within its power to contribute to solutions to the climate crisis that fully respect the conclusions of climate science, and that are in line with principles of equity and justice.
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  • Divest Fossil Fuels SLU!
    Planeten värms upp av utsläppen som till störst del orsakas av förbränning av fossila bränslen. Är det fel att förstöra klimatet så är det fel att göra vinster på den förstöringen och fel att finansiera den! Som Lantbruksuniversitet har SLU en viktig roll för miljön och klimatet och ett beslut om divestering väger tungt i klimatdebatten! ------------------------------------------------------------------------------------- We all know the connection between fossil fuels and climate change. An Environmentally friendly university like SLU has to lead the way not only in theory, but also in practice!
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  • Divest NUI Galway From Fossil Fuels
    Currently, NUI Galway has at least 3.4 million Euro invested in oil and gas shares globally. Though shares in these fossil fuel companies may prove to be profitable in the short-term, research indicates that at least 80% of fossil fuel reserves must stay in the ground in order to prevent catastrophic changes to our climate. Therefore, it is the responsibility of public institutions to disengage in partnerships and support of fossil fuel companies in favor of more sustainable and ethical investments that will promote the health and welfare of both the planet, and all of her peoples.
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  • University of Evansville Divestment
    Climate change and other environmental issues are the greatest threat facing humanity as a whole in this century. We have a human responsibility to each other and our descendants to minimize our impact. Failure in this regard will be tragic and expensive, represented by the poor condition many fossil fuel companies which have failed to modernize and begin moving to alternatives are in as far as profits and stock value. The University of Evansville, as a bastion of higher learning, has a responsibility to its students and donors to maintain both profitable and ethical investments, of which a great many fossil fuel companies fail to be at least one.
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  • Durham University Academics for Fossil Fuel Divestment
    At the moment Durham University has an investment policy that states that they won't invest in arms or tobacco companies. But no such policy against investing in fossil fuel companies exists. Carbon dioxide produced by burning fossil fuels results in the heating of the atmosphere. A rise of more than 2˚C in global temperatures is enough to put the world beyond the acceptable limits as outlined by scientists. Fossil fuel companies already have proven reserves of five times the amount needed to take us past this limit. At the moment the share price of fossil fuel companies is based on the idea that all the reserves held by fossil fuel companies will be burnt. This situation is not viable given the severely detrimental impact it will have on the environment. This disparity between the safely useable reserves and the proven reserves results in fossil fuel companies being not as safe a long-term investment as they are held up to be. Given the massive amounts of damage fossil fuel companies do to the lives of people around the world, the obvious environmental costs of the industry and the long term instability of fossil fuels as an investment, Durham University People & Planet Society are calling on the university to divest any money it has invested in fossil fuel companies and to add fossil fuels to the list of things in which it will not invest in the future.
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