To: President Reveley:

College of William and Mary: 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 College of William & Mary 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 William & Mary 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 William & Mary will not only be a sound decision for our institution's financial portfolio, but also for the well-being of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.

College of William and Mary

Reasons for signing

  • Divesting from fossil fuels is very beneficial to our planet. We should do as much as we can to make sure it thrives, not slowly lead it to its destruction.
  • W&M has been a leader in activism for the common good. Going fossil free would be in line with their historical values.
  • Because I am not an idiot.

Updates

2013-11-29 09:49:16 -0500

25 signatures reached