To: President Alexander Gonzalez

California State University - Sacramento: 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 California State University - Sacramento 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 California State University - Sacramento 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 California State University - Sacramento 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.

California State University - Sacramento

Reasons for signing

  • Higher education has always been on the forefront of advancement, and this is the next example of how we can lead.
  • Im going to college to gain valuable knowledge about the world and especially the environment. It completely defeats the purpose of my education, for my school to literally give money to fossil fuel companies using my tuition. It is vital that California and especially Sacramento, lead the way in becoming more sustainable and moving away from the greedy, selfish, fossil fuel companies.
  • I am the vice president of the environmental student organization on campus. I don't want my tuition going to pay for dirty energy sources and instead to clean renewable sources of energy that will also protect the health of future generations.

Updates

2017-05-07 13:00:49 -0400

50 underskrifter nådda

2014-04-06 13:04:25 -0400

25 signatures reached