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To: The Board of Directors of Leiden University.

Fossil Free Leiden University

Reason for signing

  • With such volatile oil prices, there is a legitimate economic incentive to invest in renewable energy technologies whose future market expansion is assured. This is particularly the case in the post-COP21 context, where countries will be pressed to meet their INDCs. Within this context, fossil fuel investments are increasingly at risk of becoming stranded assets. Both economically and ethically, it is only wise to divest.