To: President David W. Oxtoby & the Board of Trustees

Divest Pomona College from Fossil Fuels!

Divest Pomona College from Fossil Fuels!

As public pressure to confront climate change builds, we call on Pomona College 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 University 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.

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.

Claremont, CA, United States

Reasons for signing

  • We must stand before we all gone or have to move else wherever
  • Pomona seems to be doing a fine job of living with less energy use - why then continue to keep the resources in industries that undo all that good work?
  • Because down with the White hegemonic structure of wealth, destruction and power.

Updates

2016-05-12 01:23:09 -0400

500 signatures reached

2014-10-09 23:01:20 -0400

100 signatures reached

2014-10-06 23:49:19 -0400

50 signatures reached

2014-10-06 23:18:36 -0400

25 signatures reached

2014-10-02 01:06:32 -0400

10 signatures reached