To: Vice President Lauren Robel

Indiana University Bloomington: 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 Indiana University Bloomington 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 Indiana University Bloomington 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 Indiana University Bloomington 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.

Indiana University Bloomington

Reasons for signing

  • This is about the future of the world. That sounds drastic, because out situation truly is. The science is clear; we need to take action now. This is the right thing to do, it is the smart thing to do. Indiana University should be "keeping the promise" by pulling out of investments that certainly endanger our future well-being and by taking the role of leadership in implementing long-term solutions to my generation's greatest challenges. Reinvest in renewables!
  • This is a great opportunity for IU Bloomington to show real leadership on a crucial issue.
  • Global warming is the biggest challenge coming generations face. We need to do this for our future.

Updates

2014-11-08 10:50:04 -0500

100 signatures reached

2014-06-06 08:22:06 -0400

50 signatures reached