To: President Anthony Frank:

Colorado State University: Go Fossil Free!

Because it is unconscionable to pay for our education with investments that will condemn the planet to climate disaster, we call on Colorado State University to immediately freeze any new investment in fossil-fuel companies, and to divest within five years from direct ownership and from any commingled funds that include fossil-fuel public equities and corporate bonds.

Why is this important?

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 $50bn 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.
As public pressure to confront climate change builds, we call on Colorado State University to immediately freeze any new investment in fossil-fuel companies, and to divest within five years from direct ownership and from any commingled funds that include fossil-fuel public equities and corporate bonds. We believe such action on behalf of Colorado State University will not only be a sound decision for our institution's financial portfolio, but also for the wellbeing of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.

Colorado State University

Reasons for signing

  • Let's get this campaign rolling! There's a Forum on Divestment and Sustainable Investments for Senior Leadership of Higher Education Institutions on Thursday-Friday May 7-8, 2015. http://www.intentionalendowments.org/denver_forum It's the perfect opportunity for Colorado State University to explore the benefits and risks of divestment. Please encourage the CSU investment decisionmakers to send a team to this Forum.
  • The history of student-led divestment campaigns aimed at persuading universities to pull investments out of South Africa played a significant role in ending apartheid in that country. Students can again become an effective force advocating for sane responses to global warming.
  • I think that innovation (both in energy sources and the decreased utilization of energy) will be too late in coming should we not actively pursue them. I do not want to continue supporting an industry that, despite the incredible things fossil fuels have allowed us to accomplish, continued dependence poses a danger to our economic, political, and environmental stability

Updates

2014-12-29 01:39:23 -0500

50 signatures reached