To: President Mike Driscoll:

Indiana University of Pennsylvania: 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 Indiana University of Pennsylvania 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 Indiana University of Pennsylvania 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 Indiana University of Pennsylvania 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.

Indiana University of Pennsylvania

Reasons for signing

  • It is highly disappointing to see IUP fall prey to the promises of the shale gas fracking industry. (Spring 2013 IUP Magazine). The boom-bust economics of fracking, and the hazards it forces the residents of rural Indiana County to endure, will damage the farm and forest land I love around my school. I applaud Fossil Free IUP for urging our school to invest in technologies that move us forward, and that don't jeopardize our present and our future.
  • It appears IUP has become a tech school for the fossil fuel industry under MIchael Driscoll's leadership. See cover story in the Spring 2013 issue of IUP Magazine.
  • It is an absolute shame that our society and government care more about profit than our environment. There is only one that we can truly live without.

Updates

2013-12-14 19:07:15 -0500

25 signatures reached

2013-07-20 00:39:06 -0400

10 signatures reached