To: Presidents Gann, Klawe, Trombley, Oxtoby, and Bettison-Varga:

Claremont Colleges: Go Fossil Free!

Claremont Colleges: 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 the Claremont Colleges 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 the Claremont Colleges 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 the Claremont Colleges will not only be a sound decision for our institutions' financial portfolios, but also for the wellbeing of their current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.

Claremont Consortium of Colleges

Maps © Stamen; Data © OSM and contributors, ODbL


Reasons for signing

  • Climate change is real!
  • All other issues of social justice pale before the issue of Climage Change and Global Warming - stop taking fossil fuels out of the ground or we leave a terrible future for our children.
  • The climate has already changed and continued use of fossil fuels threaten the future of life on earth.