To: President Veitch,

Occidental College: 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 Occidental 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.

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 Occidental 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 Occidental 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.

Occidental College

Reasons for signing

  • go Occidental College!
  • Any chance to fight climate change must be taken. The solar array is an awesome start but there is no reason to stop there.
  • We know live in a technologically advanced country that leads in innovation yet continues to see certain institutions remain hesitant to positive, voluntary change NOW rather than crucial and mandatory changes LATER. It's better to preempt than to react when it comes to our natural resources and environment.

Updates

2013-10-09 17:58:11 -0400

50 signatures reached

2013-09-10 13:35:53 -0400

25 signatures reached