All Posts Tagged With: "Go Fossil Free"
Divestment movement gets a boost
The Dalhousie Student Union unanimously passed a motion on Wednesday calling for the university’s Board of Governors to end investments in fossil fuels, putting pressure on the school to respond. It’s a win for a global movement that wants to hurt the industry they say causes climate change.
“It is morally bankrupt for an institution who claims to be a leader in sustainability to profit off the extraction of fossil fuels, the warming of the climate, and the displacement of millions of people, ” said Divest Dal member Rob McNeish, according to a press release.
An environmentalist argues in favour of divestment
Torrance Coste studied conservation geography at the University of Victoria before becoming a Vancouver Island Campaigner with the Wilderness Committee. He argues that universities should exit investments from companies he considers unethical, like those in fossil fuels. After reading his piece, check out Professor Todd Pettigrew’s argument that divestment is unrealistic.
While the debate around fossil fuel development and climate change intensifies in Canada, there is an effort emerging to hit the perpetrators of this global environmental disaster where it hurts—the bank account. The premise is simple: pressure post-secondary institutions to stop investing—or divest—money from companies in fossil fuel and other environmentally and socially destructive industries.
The call has been sounded through the Go Fossil Free campaign, an initiative of 350.org, a U.S.-based organization that fights climate change. Recently, a group of Canadian university graduates have petitioned Maclean’s to include an “ethical investment” category in its highly regarded annual university rankings.