To: President Scott Coltrane and the UO Foundation Board

University of Oregon: Go Fossil Free!

We call on the University of Oregon 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.

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 eighty percent 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 Oregon 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 Oregon will not only be a sound decision for our institution’s financial portfolio, but also for the well being of its current and future graduating classes, who deserve the opportunity to graduate with a future not defined by climate chaos.

University of Oregon, Eugene, OR, United States

Reasons for signing

  • Climate change is real
  • Good cause
  • Given what we know now, it is irresponsible for the university to invest in fossil fuels.

Updates

2016-01-20 18:25:26 -0500

1,000 signatures reached

2015-02-13 03:37:37 -0500

500 signatures reached

2013-12-06 22:17:10 -0500

100 signatures reached