News

Pull Those Oil Stocks

Comments (2)
Tuesday, April 02, 2013

Don’t make money by trashing the climate: that’s what students are telling their colleges and universities. Across the country, fossil fuel divestment campaigns—movements supporting requests that the institutions pull their investments from fossil fuel companies—have sprung up at 300 colleges. The campaigns are asking for the divestments because research cited by climate change activist Bill McKibben shows that pollution resulting from the burning of the world’s reserves of fossil fuels will raise global temperatures beyond safe levels.

In the Valley, the UMass Fossil Fuel Divestment Campaign has gotten an enactment passed by the Student Government Association that asks the UMass Foundation Investment Committee to cancel investments in such companies made with money from UMass’ endowment fund. The Vice Chancellor for Student Affairs also signed on to the enactment.

The Campaign has been circulating a petition requesting that UMass President Robert Caret vote for the divestment. By March 15, the petition had more than 500 signatures. A teach-at UMass is planned for Friday, April 5 from 3 to 5 p.m. in Mahar Hall, room 108; for updates, check www.facebook.com/divestumass.

Hampshire College has already cancelled its investments in fossil fuels. Divestment campaigns are active at Smith, Mount Holyoke and Amherst colleges.•

Comments (2)
Post a Comment

Thanks for posting this Stephanie!

Posted by Sam King on 4.2.13 at 19:44

Did I miss where you or others at the advocate explained how climate cycles such as the medeival warming period and little ice age occurred before the industrial revolution and the burning of fossil fuels?

Warming? - Climate Change

Cooling? - Climate Change

If everything is climate change, nothing is climate change.

Posted by Ben on 4.3.13 at 9:21
Comment:

Name:

Password:

New User/Guest?

Find it Here:
keyword:
search type:
search in:

« Previous   |   Next »
Print Email RSS feed

From Our Readers
Gun License Mathematics; The Gun Tribe; Torturers Go Unpunished
UCash
UMass works to turn academic research into useful products—and profit.
Between the Lines: The Birth of Ajax Montoya
Debut novelist Joe Gannon brings his memorable detective to life.
Thanks, Anonymous
A private UMass donation sends us on a fruitless quest.
Not Just for Laughs
Robin Williams and the mask of humor
Sounds of Convenience and Comfort
Even in the region’s rural places, we’re never far from civilization.
Anaphylactic Sticker Shock
In the case of the EpiPen, the industry’s usual excuses for exorbitant pricing don’t apply.
From Our Readers
Gun Control Compromise; Hated Gun Owners; Casino Fallacies