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St Hilda's College Divestment CampaignWe believe St Hilda’s should do this for three main reasons: 1. To demonstrate support for its own scholars; 2. To remain financially responsible in a world turning its support away from the fossil fuel industry; 3. To show leadership within and as part of the university. By divesting from fossil fuels, St Hilda’s college can support its scholars, show leadership within the university and as part of a university with such an important reputation, and adopt the best investment practice from both an ethical and financial perspective. As St Hilda’s College academics, staff and alumnae, we therefore urge the college to take action on climate change and divest from fossil fuels.127 of 200 SignaturesCreated by Alice Townson
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Divest the University of Ottawa from Fossil Fuels(le français suit) Climate change is no longer a future state. It's here and accelerating. We are witnessing the increasing global impacts of a warming planet more and more consistently. Just in the last few years, extreme weather, record-breaking heat, droughts, hurricanes, and flooding have impacted hundreds of thousands of people with a cost of hundreds of billions of dollars. The vast majority of scientists and climate experts agree that global warming is caused by human activity and that burning fossil fuels will continue to accelerate and intensify these tragic climate disasters. Furthermore, the huge dependence on government subsidies and political rules makes the fossil fuel sector more risky and volatile as a financial investment. There is growing evidence that the sector is greatly over-valued. When a true cost is placed on carbon emissions, these shares will be worth substantially less. Analysis of historical data shows that over the past seven years, eliminating the fossil fuel sector from a global benchmark index would have actually resulted in a slightly higher return. It is unconscionable to pay for our education with monies that will then be invested to support the fossil fuel industry and condemn the planet to climate disaster. We ask you to join a growing movement of diverse groups and organizations around the world that are committed to a clean energy future by moving the University of Ottawa’s endowment away from fossil fuels and into sustainable investments. This petition is sponsored by 350 Ottawa and Fossil Free uOttawa The list of top 200 fossil-fuel companies can be found at the following link: http://bit.ly/VOP9Um ------ Les changements climatiques ne font plus partie d'un future potentiel, mais relève bien du présent, et ça va en accélérant. Nous sommes témoins des impacts globaux qui vont en s'aggravant du réchauffement de la planète. Au cours des dernières années des événements climatiques extrêmes, des records de chaleur, des sécheresses, inondations et les ouragans ont un impact direct sur de centaines de milliers de personnes et engendrent des coûts de centaines de milliards de dollars. La majorité des scientifiques et des experts climatiques s'entent pour dire que les changements climatiques sont causés par l'activité humaine et que la combustion de combustibles fossiles va continuer à accélérer et intensifier ces tragiques désastres climatiques. De plus, la grande dépendance aux subventions gouvernementales et l'assouplissement des politiques du gouvernement font de l'industrie des combustibles fossiles un secteur à risque et un investissement financier volatile. De plus en plus d'évidence nous dit que ce secteur d'activité est sur-évalué. Lorsque les coûts réels seront placés sur les émissions de carbone, ces parts vaudront beaucoup moins. L'analyse de données historiques montre qu'au cours des sept dernières années, l'élimination du secteur des combustibles fossiles des standards et index internationaux aurait résulté dans des retours légèrement plus élevés. Il n'est pas moralement justifiable de payer pour notre éducation avec de l'argent qui sera ensuite investis pour soutenir l'industrie des combustibles fossiles et condamner la planète à un désastre climatique. Nous vous demandons de nous joindre à un mouvement en croissance de groupes diversifiés et d'organisations de partout à travers le monde qui se sont engagées envers un avenir d'énergie propre en déplaçant les investissements de l'Université d'Ottawa hors de combustibles fossiles et vers des investissements durables. Cette pétition est coordonnée par 350 Ottawa et uOttawa sans fossiles La liste des top 200 compagnies de combustibles fossiles peut être trouvé au lien suivant. http://bit.ly/VOP9Um982 of 1,000 SignaturesCreated by Fossil Free uOttawa
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Northern Arizona University: Go Fossil Free!As youth, we have a common stake in this fight. As young people, we will inherit the consequences of a poorly managed environment and economy, and we believe our institution has a moral and economic responsibility to take bold climate action. Serving the interests of the 1% is not in the mission of our universities, yet they are increasingly coming under corporate control and refusing to act in the interest of students. Climate change is a real and serious threat to current and future generations and its impacts are currently being felt by those who have contributed the least to this change and yet are often the most affected by it. Through deep personal relationships, we can challenge and support each other to grow personally and as leaders. Positive social change comes from people standing together, speaking up and taking action. We need to revision our relationship to labor and land in order to radically transform our economy, political system and culture. We cannot settle for “false” solutions that solve symptoms of the crisis because we need real solutions that address the roots of the crisis. Transitioning away from fossil fuels means transitioning towards justice.482 of 500 SignaturesCreated by Kevin Ordean
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University of Bradford: Divest from Fossil FuelsTo a significant extent, the future of students currently studying at the University of Bradford will be shaped by contemporary responses to the threat of dangerous climate change. We believe that it is the University's responsibility to do all within its power to contribute to solutions to the climate crisis that fully respect the conclusions of climate science, and that are in line with principles of equity and justice.57 of 100 SignaturesCreated by Ute Kelly
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Fossil Free Stockholms UniversitetOm världen ska klara de klimatmål som forskare enats om krävs att fyra femtedelar av all kol, olja och gas stannar under jorden. Detta betyder att offantliga summor pengar som fossilindustrin räknar som sina tillgångar, är pengar som inte får realiseras - en "fossilbubbla". Investeringar i fossila bränslen är både oetiskt, ohållbart och oekonomiskt. Och framförallt är det att sätta ungas framtid på spel! Vi studenter på Stockholms Universitet vill visa att vi ställer oss bakom en ansvarsfull placering av de pengar som finansierar vår utbildning! SU har tagit en del steg mot att verka för hållbar utveckling. Vi vill uppmärksamma att även vart pengar investeras har stor betydelse för vilka värden skolan kommunicerar och vilka verksamheter den stödjer. Just nu finns en del av de pengar som SU förvaltar i just fossilindustrin. Denna fråga har uppmärksammats på flera andra universitet och högskolor i Sverige, och är en del av en större internationell kampanj. Vi vill se att SU går före i denna utveckling! Studenter kan och borde påverka sin skola i en hållbar riktning! Skriv på för att stödja kampanjen! Vill du bidra till utvecklingen ännu mer och engagera dig i Fossil Free Stockholms Universitet? Du hittar vår grupp här: https://www.facebook.com/groups/468295489937530/1,530 of 2,000 SignaturesCreated by Hannes Anagrius
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La Trobe University to Divest from Fossil FuelsThe 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. For this reason, Australia needs to transition away from non-renewable energy as soon as possible, but unfortunately this is not happening fast enough. This is why we need large, reputable institutions like La Trobe University to divest from all fossil fuel companies to send a clear message to every Australian that we cannot continue ‘business as usual’. So, for the good of our students and our nation, and to preserve the quality of life for this and future generations worldwide, we call upon La Trobe University to divest from enterprises that extract, transport, process or distribute fossil fuels.925 of 1,000 SignaturesCreated by Tiana Davison
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Divest Curtin From Fossil FuelsWe have reached a landmark moment in history. For the first time in over 5 million years the concentration of CO2 in the atmosphere has reached 400 parts per million (ppm). 97% of all climate scientists agree that climate change is human induced and argue that the highest safe concentration of CO2 in the atmosphere is 350 ppm. If we want to secure a safe and livable future it is time to end the fossil fuel era and invest in renewable energy and sustainable lifestyles. We call on Curtin University 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 the University will be a sound decision for our institution’s financial portfolio because it is financially and morally unjustified to invest in assets that will become stranded and guarantee dangerous climate change. In addition it is unconscionable to pay for our education with investments that will condemn both the planet to climate disaster and current and future graduating classes to a future defined by climate chaos. For the good of our students and our nation, and to preserve the quality of life for this and future generations worldwide, we call upon you to join a growing movement of schools around the country that are committed to preventing a more extreme climate by moving Curtin University's endowment beyond fossil fuels.611 of 800 SignaturesCreated by Matthew Curry
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FOSSIL FREE HEC ParisThe IPCC and other scholars have estimated that to have at least a 50% chance to stay below a temperature increase of 2°C within the 21st century, we have to limit the cumulative greenhouse gas emissions between 2011 and 2050 to approximately 1.100 gigatonnes of carbon dioxide equivalent (GtCO2e)[1]. In contrast, research also discovered that global fossil fuel reserves contain 2900 GtCO2e in total, which means that at least 33% of global oil, 50% of global natural gas and over 80% of global coal reserves must remain unused in order to probably meet the 2°C target.[2] Nevertheless, oil, gas and coal mining companies continue to invest hundreds of billions of dollars per year into the exploration and production of new reserves (USD 674bn in 2012)[3], although an extensive body of research from the University of Oxford, the Carbon Tracker Initiative in collaboration with the London School of Economics and Political Science, the Chatham House, HSBC, The Economist Intelligence Unit, Kepler Chevreux, the Bank of England, and from many more renowned organisations has underlined the high and growing carbon risk embedded in fossil fuel assets[4]. These assets will lose their value before the end of their economic life (known as stranded assets) if political leaders implement stricter climate policies necessary to limit global warming to 2°C. In addition to the continuation of business as usual, fossil fuel companies engage in lobbying and disinformation campaigns to prevent climate change legislation[5].These points illustrate that the fossil fuel companies' business model and practices are fundamentally inconsistent with climate change mitigation and undermine the globally supported 2°C target. The investment in and support of fossil fuel companies to continue business as usual is neither in line with HEC's mission and values[6] nor does it contribute to climate change mitigation. If HEC Paris wants to educate and train global leaders of tomorrow to contribute to society as a whole, then HEC has to support a global legally binding climate agreement to be formulated and signed in Paris. Investments in fossil fuel companies which hold and are ready to produce a carbon-intensive asset base while pushing global temperature increase beyond 2°C are first and foremost a threat to the future of humanity and, in addition, pose a significant and urgent economic risk. References: [1] See McGlade, Ekins (2015). The geographical distribution of fossil fuels unused when limiting global warming to 2°C. Nature. Vol. 517. January 2015. [2] See McGlade, Ekins (2015). The geographical distribution of fossil fuels unused when limiting global warming to 2°C. Nature. Vol. 517. January 2015; see also Mitchell et al. (2015). Oil and Gas Mismatches: Finance, Investment and Climate Policy. Research Paper of the Chatham House: The Royal Institute of International Affairs. [3] See Carbon Tracker Initiative and Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science (2013). Unburnable Carbon 2013: Wasted capital and stranded assets. [4] See Asnar et al. (2013). Stranded assets and the fossil fuel divestment campaign: what does divestment mean for the valuation of fossil fuel assets? Smith School of Enterprise and the Environment, University of Oxford; and See Carbon Tracker Initiative and the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science (2013). Unburnable Carbon 2013: Wasted capital and stranded assets; and see Mitchell et al. (2015).Oil and Gas Mismatches: Finance, Investment and Climate Policy. Research Paper of the Chatham House: The Royal Institute of International Affairs; and HSBC stated that "we believe stranding risks for assets are relatively high this year and growing." Paun et al. (2015). Stranded assets: what next? How investors can manage increasing fossil fuel risk. HSBC Global Research; and see The Economist Intelligence Unit (2015). The cost of inaction: recognising the value at risk from climate change; and Kepler Chevreux states that "USD 28trn of fossil-fuel revenues [are] at risk in a 450-ppm world"; Kepler Chevreux (2015). Stranded assets, fossilised revenues. ESG Sustainability Research; and see Carrington (2015). Bank of England warns of huge financial risk from fossil fuel investments. The Guardian Online. [5] For an overview see for instance Fossil Free MIT (2014). The Fossil Fuel Industry’s Role in Hindering Climate Change Action: Lobbying and Disinformation Against Science and Scientists. [6] See HEC Paris (2015). About HEC Paris: Mission and Values. HEC Paris website.210 of 300 SignaturesCreated by David Kampmann
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Divest the University of Melbourne from fossil fuelsUnless we act rapidly to curb global emissions, we face climate catastrophe within this century. If we are to stay below the 2 degree guardrail for global warming, 80% of current fossil fuel reserves must stay in the ground. Despite this, the fossil fuel industry is committed to burning all of the coal, oil and gas in their reserves, and they continue to search for more. If their business plans go unchecked, we face a devastating future. At the same time, the fossil fuel industry funds climate denial, donates millions of dollars to politicians to get them on side, launches PR attacks on environmental campaigns and blocks legislation that would see us make the transition away from fossil fuels and towards renewable energy. Unless we can rein in the inordinate power and influence of this industry we don't stand a chance of getting real action on climate change. By taking their money out of fossil fuels, the University of Melbourne can loosen the tight grip these companies have over our political system and make room for legislation that is in line with the climate science. As Australia's no. 1 University, the University of Melbourne is well-placed to call the fossil fuel industry out for their roll in blocking action on climate, and pave the way for a just transition to renewables.4,165 of 5,000 SignaturesCreated by Fossil Free MU
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Carleton College: Go Fossil Free!Carleton College "is committed to being a good citizen of a more sustainable world," and a member of American College and University Presidents' Climate Commitment. Carleton was the first higher education institution in the country to install a wind turbine in 2004, and built a second in 2011. Solar arrays adorn a residence hall. And yet despite commendable efforts such as these, climate change is accelerating. This fossil-fuel divestment opportunity provides one more opportunity for Carleton to take action against climate change. 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 Carleton 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 Carleton College 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.585 of 600 SignaturesCreated by Brett Smith