To: President & Board of Trustees

Divest College of Marin From Fossil Fuels

Divest College of Marin From Fossil Fuels

As public pressure to confront climate change builds, we call on College of Marin 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 our college will not only be a sound decision for College of Marin'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.

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 $50 billion 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.

College of Marin

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Reasons for signing

  • Fossil fuel industry is the major roadblock to limiting climate change and a climate catastrophe. There will be no world left for the students if the fossil fuel lobby has its way
  • There are so many ways to divest and make better returns with the security that your investment will only grow whereas fossil fuel company are going for the last drops as we speak.
  • How can these educational institutions possible be educating people and not take this, the most important issue on earth, seriously. Make one doubt our higher educational system and what their real motivations are.

Updates

2014-04-21 00:58:07 -0400

25 signatures reached