To: President Dominic Giroux

Laurentian University of Sudbury: 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 Laurentian University of Sudbury 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 Laurentian University of Sudbury 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 Laurentian University of Sudbury 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.

Laurentian University of Sudbury

Reasons for signing

  • I do not attend Laurentian, but the Sudbury region is my homeland. If I believe in the dedication of any institution toward protecting the common interests that bind the biosphere, I believe in Laurentian U. You have long been a model of progressive insight and inquiry in issues related to environmental health, but the word progressive implies sustained movement; please grant me the opportunities to keep using this word when I talk about Laurentian and the part of this earth I love as my home.
  • BECAUSE IT MATTERS to me, other students and to the planet itself
  • The time is now, divest before the bubble bursts!

Updates

2016-06-24 10:37:23 -0400

50 signatures reached

2013-08-26 14:37:06 -0400

25 signatures reached