To: President Leroy M. Morishita

California State University - East Bay: 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 - East Bay 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 - East Bay 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 - East Bay 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 - East Bay

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Reasons for signing

  • lets promote wind/solar renewables/cleaner energy aand fight climate change
  • Surely there are more than this many graduates or faculty or students with concern for the future of the planet here. I'm embarrassed to have graduated from this school.
  • We need to increase awareness of the vital importance of a sustainable Earth, and to challenge fossil-fuel companies' ideology. We have an obligation to be part of change, and to not be grounded by tradition no longer.

Updates

2014-11-20 16:28:01 -0500

25 signatures reached

2014-05-03 16:04:12 -0400

10 signatures reached