To: Chancellor Rebecca Chopp:

University of Denver: Go Fossil Free!

Because it is unethical for our university to invest in companies that will condemn the planet to climate disaster, we call on the University of Denver 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 the University of Denver 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 of Denver 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.

University of Denver

Reasons for signing

  • DU should recognize its commitment as a "Private University Dedicated to the Public Good" and take action to stop climate change.
  • Show the world that DU recognizes its contributions to climate change -- and to curbing it.
  • Climate change is occurring and as usual the most negatively affected are the poor. We have a responsibility as a global citizen and University dedicated to the public good to take action on this matter.

Updates

2015-04-03 15:09:06 -0400

1,000 signatures reached

2014-01-22 23:36:26 -0500

500 signatures reached

2013-12-31 18:57:44 -0500

100 signatures reached

2013-12-14 14:57:53 -0500

50 signatures reached

2013-12-13 16:12:20 -0500

25 signatures reached