Divest From Fossil Fuels Movement Explodes Across the U.S.
Many students have vowed to ramp up their divestment campaigns at universities across America this spring. One group who has garnered much media attention is Divest Harvard, which is wrapping up a week-long campaign known as "Harvard Heat Week." Harvard has the largest endowment of any university in the world at $36.4 billion, and hundreds of alumni including Bill McKibben, founder of 350.org, and former Colorado Senator Tim Wirth are participating in the group's efforts this week.
Shout out from Harvard Yard to brave students arrested yesterday @DivestUMW pic.twitter.com/HpXm6FYJQo
— Bill McKibben (@billmckibben) April 16, 2015
After a week of sit-ins that have shut down administration offices at Massachusetts Hall, President Faust finally reached out directly to students with Divest Harvard. ''I would be happy to meet with you and a representative group of your student colleagues when you have ceased disrupting university operations,'' wrote President Faust in an email.
The students however were not pleased with the offer for another closed door meeting and called for a more open process on divestment that schools like MIT have convened. Divest Harvard has made multiple requests for a more transparent process involving the entire student body, faculty and alumni. The group knows there is strong support for divestment because the student body voted 72 percent in favor of divestment and hundreds of faculty and thousands of alumni signed a letter supporting the initiative.
Divest Harvard has agreed to the meeting with the president, but explained that they would not stop protesting as long as Harvard continued to invest in fossil fuel companies. "Recent SEC filings revealed that the university septupled its investments in oil and gas companies last fall," says Divest Harvard.
New data released this week from the South Pole Institute and Fossil Free Indexes reveals the massive climate impact of Harvard's stock portfolio. South Pole Institute concluded that the current CO2 emissions of Harvard's investments equal 11 million tons of CO2, equivalent to the state of Rhode Island. A different study by Fossil Free Indexes put the emissions from the total reserves owned by Harvard's portfolio at 100 million tons of CO2, which is equivalent to the emissions from thirty-three 500 megawatt coal fired power plants running for a year.
"Assuming that Harvard will continue in the meantime to invest in fossil fuels, we will continue to act with the full support of the movement that you have seen this week. This is what the urgent climate crisis requires," they continued. "After three years, we are glad to hear that you are interested in having a productive discussion about divestment. We look forward to moving this process forward."
Yesterday afternoon, Divest Harvard received a powerful endorsement with Harvard Overseer Kat Taylor, an alumni, releasing a statement in support of divestment. Hundreds of students from surrounding area colleges are expected to join Harvard activists this evening for a rally to close out the week of sit-ins on campus.
Democracy Now! covered Divest Harvard's campaign yesterday on their show. They spoke with Harvard student Talia Rothstein, one of the coordinators of Divest Harvard, and Harvard science professor Naomi Oreskes, author of the book Merchants of Doubt: How a Handful of Scientists Obscured the Truth on Issues of Tobacco Smoke to Global Warming.
Rothstein talked about the actions students, faculty and alumni have taken this week to demand divestment, and Oreskes talked about the apparent disconnect between what we say we know about climate change and our failure to take meaningful action.
Two other schools saw some heat yesterday, as well. More than 35 students at Wesleyan University occupied President Michael Roth's office. They are part of the newly formed Coalition for Divestment and Transparency, calling for divestment from the prison-industrial complex, the Israeli occupation of Palestine and the fossil fuel industry. The students chose to take action yesterday because it marked the anniversary of Roth's participation in a sit-in for divestment from South African apartheid as a Wesleyan student in 1978.
More than 35 students at Wesleyan University occupied the president of the university's office demanding divestment. Photo credit: Coalition for Divestment and Transparency
The coalition read a manifesto signed by Students for Justice in Palestine, Wes, Divest!, the campus divestment campaign, and Ujamaa, an identity group for black students. The manifesto cited that both Students for Justice in Palestine and Wes, Divest! have passed resolutions in the Wesleyan Student Assembly and have met with Roth.
The Committee for Investor Responsibility, another student-led organization, recently proposed coal divestment to the Board of Trustees but they refused to vote on the matter. The students are calling for a commitment to divest from socially and environmentally irresponsible industries and for greater transparency and accountability of Wesleyan's $793 million endowment.
Organizers from Fossil Free CU at the University of Colorado Boulder also took action yesterday. Some of the members were participating in a three-day occupation of an administrative building, while other activists had their fourth meeting with the Board of Regents this school year.
“Fossil Free CU is occupying Norlin Quad to send a message to our administration that investing in the corporations that are perpetuating climate chaos is wrong," said graduate student Alana Wilson. "So, we’re asking the nine CU Regents, ‘Whose side are you on?’"
Fossil Free CU invited three finance experts to the meeting with the Board of Regents. John Powers, an alumni of CU-Boulder’s Business School, founder of Alliance for Sustainable Colorado, and a member of the Boards and Finance Committees of the Educational Foundation of America and Prentice Foundation, joined Fossil Free CU and has agreed to be a resource for the CU Regents. “The question isn’t if CU is violating its fiduciary responsibility by divesting; it's whether CU is violating its fiduciary responsibility by not divesting,” Powers said.
Ultimately, the CU Board of Regents voted 6-3 against the formation of a committee that was proposed to focus on sustainable investments and divestment possibilities. A resolution affirming their standard portfolio, proposed by Regent Carson and seconded by Regent Sharkey, who said she does not agree that there is a problem with the climate, passed. Fossil Free CU has vowed to keep up the fight.
YOU MIGHT ALSO LIKE
Many people shop online for everything from clothes to appliances. If they do not like the product, they simply return it. But there's an environmental cost to returns.
- Are We Doomed If We Don't Curb Carbon Emissions by 2030 ... ›
- California Winery Cuts Carbon Emissions With Lighter Bottles ... ›
- Wealthy One Percent Are Producing More Carbon Emissions Than ... ›
EcoWatch Daily Newsletter
By Dolf Gielen and Morgan Bazilian
John Kerry helped bring the world into the Paris climate agreement and expanded America's reputation as a climate leader. That reputation is now in tatters, and President-elect Joe Biden is asking Kerry to rebuild it again – this time as U.S. climate envoy.
Energy Is at the Center of the Climate Challenge<p>The <a href="https://science2017.globalchange.gov/chapter/1/" target="_blank">effects of climate change</a> are already evident across the globe, from <a href="https://theconversation.com/100-degrees-in-siberia-5-ways-the-extreme-arctic-heat-wave-follows-a-disturbing-pattern-141442" target="_blank">extreme heat waves</a> to <a href="https://science2017.globalchange.gov/chapter/12/" target="_blank">sea level rise</a>. But while the challenge is daunting, there is hope. Solar and wind power have become the <a href="https://www.irena.org/publications/2020/Jun/Renewable-Power-Costs-in-2019" target="_blank">cheapest forms of power generation globally</a>, and technology progress and innovation continue apace to support a transition to clean energy.</p><p>In the U.S. under a Biden administration, long-term national climate legislation will depend on who controls the Senate, and that won't be clear until after two run-off elections in Georgia in January.</p><p>But there is no shortage of <a href="https://www.bloomberg.com/features/2020-biden-climate-change-advice/" target="_blank">ideas for ways Biden</a> could still take action even if his proposals are blocked in Congress. For example, he could use executive orders and direct government agencies to tighten regulations on greenhouse gas emissions; increase research and development in clean energy technologies; and empower states to exceed national standards, <a href="https://www.reuters.com/article/us-autos-emissions-california/defying-trump-california-locks-in-vehicle-emission-deals-with-major-automakers-idUSKCN25D2CH" target="_blank" rel="noopener noreferrer">as California did in the past with auto emission standards</a>. A focus on a just and equitable transition for communities and people affected by the decline of fossil fuels will also be key to creating a sustainable transition.</p><p>The U.S. position as the world's largest oil and gas producer and consumer creates political challenges for any administration. U.S. forays into European energy security are often treated with suspicion. Recently, France blocked <a href="https://www.wsj.com/articles/frances-engie-backs-out-of-u-s-lng-deal-11604435609" target="_blank">a multi-billion dollar contract</a> to buy U.S. liquefied natural gas because of concerns about limited emissions regulations in Texas.</p><p>Strengthening cooperation and partnerships with like-minded countries will be critical to bring about a transition to cleaner energy as well as sustainability in agriculture, forestry, water and other sectors of the global economy.</p>
Creating a Global Sustainable Transition<p>How the world recovers from COVID-19's economic damage could help drive a lasting shift in the global energy mix.</p><p>Nearly one-third of Europe's US$2 trillion economic relief package <a href="https://www.bloomberg.com/news/articles/2020-07-21/eu-approves-biggest-green-stimulus-in-history-with-572-billion-plan" target="_blank" rel="noopener noreferrer">involves investments that are also good for the climate</a>. The European Union is also strengthening its 2030 climate targets, though each country's energy and climate plans will be critical for successfully implementing them. The <a href="https://joebiden.com/clean-energy/" target="_blank" rel="noopener noreferrer">Biden plan</a> – including a $2 trillion commitment to developing sustainable energy and infrastructure – is aligned with a global energy transition, but its implementation is also uncertain.</p><p>Once Biden takes office, Kerry will be joining ongoing <a href="https://www.un.org/en/conferences/energy2021/about#:%7E:text=The%20overarching%20goal%20of%20the,2030%20Agenda%20for%20Sustainable%20Development.&text=Accelerate%20delivery%20of%20United%20Nations,related%20issues%20at%20all%20levels." target="_blank" rel="noopener noreferrer">high-level discussions on the energy transition</a> at the U.N. General Assembly and other gatherings of international leaders. With the U.S. no longer obstructing work on climate issues, the G-7 and G-20 have more potential for progress on energy and climate.</p><p>Lots of technical details still need to be worked out, including international trade frameworks and standards that can help countries lower greenhouse gas emissions enough to keep global warming in check. <a href="https://www.carbonpricingleadership.org/what" target="_blank" rel="noopener noreferrer">Carbon pricing</a> and <a href="https://www.csis.org/analysis/how-can-europe-get-carbon-border-adjustment-right" target="_blank" rel="noopener noreferrer">carbon border adjustment taxes</a>, which create incentive for companies to reduce emissions, may be part of it. A consistent and comprehensive set of national energy transition plans will also be needed.</p><p>The global shift to <a href="https://www.irena.org/publications/2019/Jan/A-New-World-The-Geopolitics-of-the-Energy-Transformation" target="_blank">clean energy will also have geopolitical implications for countries and regions</a>, and this will have a profound impact on wider international relations. Kerry, with his experience as secretary of state in the Obama administration, and Biden's plan to make the climate envoy position part of the National Security Council, may help mend these relations. In doing so, the U.S. may again join the wider community of countries willing to lead.</p>
- 14 States On Track to Meet Paris Targets - EcoWatch ›
- Biden Vows to Ax Keystone XL if Elected - EcoWatch ›
- Biden Names John Kerry as First-Ever Climate Envoy - EcoWatch ›
By Maria Caffrey
As we approach the holidays I, like most people, have been reflecting on everything 2020 has given us (or taken away) while starting to look ahead to 2021.
We Need More Than Listening<p>By now we have all become sadly accustomed to the current administration sidelining scientists, most prominently Dr. Anthony Fauci, because the facts they provide do not fit with the political rhetoric of the moment.</p><p>I have <a href="https://www.csldf.org/2019/08/22/csldf-helps-climate-scientist-maria-caffrey-fight-for-scientific-integrity/" target="_blank">my own history</a> of filing a scientific integrity complaint with the National Park Service (which falls under the Department of the Interior) after senior ranking employees attempted to censor one of my scientific reports. I know all too well the damage and pain that these actions cause, not just for the individual scientist, but also because these <a href="https://www.ucsusa.org/resources/attacks-on-science" target="_blank" rel="noopener noreferrer">attacks on science</a> over the last few years have undermined sound, evidence-based decision making.</p><p>President-elect Biden has repeatedly said that he will <a href="https://thehill.com/homenews/521638-trump-biden-will-listen-to-the-scientists-if-elected" target="_blank" rel="noopener noreferrer">listen to the scientists</a>. While this is certainly a welcome change, listening can only take us so far. This past week Lauren Kurtz from the <a href="https://www.csldf.org/" target="_blank" rel="noopener noreferrer">Climate Science Legal Defense Fund</a> and my colleague <a href="https://www.ucsusa.org/about/people/gretchen-goldman" target="_blank" rel="noopener noreferrer">Gretchen Goldman</a> published <a href="https://www.scientificamerican.com/article/ten-steps-that-can-restore-scientific-integrity-in-government/" target="_blank" rel="noopener noreferrer">an article</a> listing 10 actions the new administration should implement to show their commitment to strengthening government science:</p><ol><li>Clearly prohibit political interference and censorship.</li><li>Protect scientists' communication rights.</li><li>Acknowledge that attempts to violate scientific integrity, even if ultimately not fruitful, are still violations.</li><li>Protect federal scientists' right to provide information to Congress and other lawmakers.</li><li>Commit to incorporating the best science as part of agency decisions.</li><li>Elevate agency scientific integrity policies to have the full force of law.</li><li>Publicly release anonymized information about scientific integrity complaints and their resolutions at every agency.</li><li>Institute an intra-agency workforce, potentially under the White House <a href="https://www.ucsusa.org/sites/default/files/2020-09/strengthening-science-and-si-at-ostp.pdf" target="_blank" rel="noopener noreferrer">Office of Science and Technology Policy</a>, to coordinate scientific integrity efforts across agencies, foster discussion of policy improvements, and standardize criteria for policies across agencies.</li><li>Strengthen whistleblower protections.</li><li>Ensure that policies cover all actors who will be dealing with science.</li></ol>
Time for Action<p>I have spoken to many scientists, particularly federal scientists, who are eager to turn the page so they can hurry back to the work they had been doing before this administration, but I urge caution in assuming that things can be "normal" again.</p><p>Before Trump, I naively thought the scientific integrity policies established during the <a href="https://obamawhitehouse.archives.gov/blog/2016/12/19/scientific-integrity-policies-update" target="_blank">Obama administration</a> would be sufficient. I never imagined that any administration could so willfully ignore and attack expert advice and evidence that is intended to protect us and our public lands.</p><p>I have personally witnessed how hard our federal scientists work. They put in long hours with minimal pay (far less that what they could get if they worked in private industry) to pursue one simple goal: to make things better for the nation.</p><p>We need stronger scientific integrity policies to protect these people and their work. But more than that, we need stronger scientific integrity laws because they also benefit society.</p>
By Andrea Germanos
Environmental campaigners stressed the need for the incoming Biden White House to put in place permanent protections for Alaska's Bristol Bay after the Trump administration on Wednesday denied a permit for the proposed Pebble Mine that threatened "lasting harm to this phenomenally productive ecosystem" and death to the area's Indigenous culture.
<div id="da98c" class="rm-shortcode" data-rm-shortcode-id="478a197b7c59c92787c92bec92f1ac39"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1331662923710693376" data-partner="rebelmouse"><div style="margin:1em 0">Bristol Bay forever, Pebble mine never. #NoPebbleMine #SaveBristolBay https://t.co/CBQ9zuy8A5</div> — Save Bristol Bay (@Save Bristol Bay)<a href="https://twitter.com/SaveBristolBay/statuses/1331662923710693376">1606328156.0</a></blockquote></div>
- Pebble Mine Threatens One of the Last Great Salmon Rivers ... ›
- The Pebble Mine Is Too Toxic Even for the Trump Administration ... ›
- Trump Admin Reverses Obama-Era Restrictions on Pebble Mine ... ›
OlgaMiltsova / iStock / Getty Images Plus
By Gwen Ranniger
In the midst of a pandemic, sales of cleaning products have skyrocketed, and many feel a need to clean more often. Knowing what to look for when purchasing cleaning supplies can help prevent unwanted and dangerous toxics from entering your home.