1. Immediately freeze any new investments in fossil fuels.
2. Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years with an immediate divestment from coal and tarsands.
Why is this important?
Fossil fuel divestment takes the fossil fuel industry to task for its culpability in the climate crisis. By naming this industry’s singularly destructive influence and by highlighting the moral dimensions of climate change we hope that the fossil fuel divestment movement can help break the hold that the fossil fuel industry has on our economy and our governments. Fossil fuels continue to be a bad financial choice as well. We recognize that Cal Poly cannot create a future for their students while also supporting this destructive industry.
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