Congratulations to the group of Faculty at the University of Waterloo for calling on the university to divest! You can read the letter here. Like faculty at a number of other universities, they have taken a stand at this critical juncture in the climate crisis. While at some universities […]
University of Waterloo Board considers call for Divestment after Environment Students’ Divestment Vote By Yonatan Strauch @ydstrauch Why divest from fossil fuels? For most students at the University of Waterloo’s Faculty of Environment that question answered itself. When a group of us with Fossil Free UW campaigned to divest the student-funded endowment […]
Shell is asking investors to bet against the possibility of the world taking action on climate change or of renewables displacing fossil fuels, says influential economist Nick Stern in a panel discussion for the Guardian newspaper. “They do not believe the world will be wise enough to follow policies that […]
Analysis of returns over the past 5 years shows that “investors who have dumped holdings in fossil fuel companies have outperformed those that remain invested in coal, oil and gas”. This recent article in the Guardian newspaper highlights analysis by MSCI, the world’s leading stock market index company, which found that “investors who […]
Timothy Nash, who calls himself the Sustainable Economist, demonstrates that owning a fossil free portfolio doesn’t mean sacrificing returns on your investment. In this recent blog, he shows how a diversified portfolio, free from fossil fuels, competes with traditional investments and can actually outperform them. In a related blog, Nash discusses reinvestment options outlined in a new community […]
The lead up to Global Divestment Day is seeing unprecedented progress in the development of Divestment Campaigns across Canadian campuses. On Tuesday, faculty at the University of British Columbia (UBC) voted in favour of divesting completely from fossil fuels within five years! This is not an insignificant gesture. According […]
Divestment is about power. The movement to divest from fossil fuels is powerful because it shines a light on Canada’s unfair climate politics. The fossil fuel industry has abused the incredible political power that we have given them. It’s time to take that power away. Their funding of climate […]
Rolling Stone magazine knows it’s time to break up with fossil fuels, as Tim Dickinson explains in his January 2015 article The Logic of Divestment: Why We Have to Kiss Off Big Carbon Now. “As climate-change activists pressure public institutions to dump their fossil-fuel investments, it’s becoming increasingly clear that the right thing […]
Prominent Stanford faculty call on the university’s endowment fund to pull out of all fossil fuel investments, not just coal. Last May Stanford, which controls a $21.4bn endowment, eliminated direct investments in coal mining companies, making it the most prominent university to cut its ties to industries that cause climate […]
