Quantcast
Environmental News for a Healthier Planet and Life

Oxford Alum Says, I Will 'Hand Back my Degree' If University Does Not Divest From Fossil Fuels

Climate

England's Oxford University became the latest school to take up the issue of divesting its endowment, worth $3.9 billion, from fossil fuels. Its university council met this morning to discuss it and decided—to do nothing. To the outrage of many student and alumni activists, it deferred any decision to a future meeting.

Oxford alumni occupy a building at the school, furious that the administration decided to punt of divesting its endowment from fossil fuels. Photo Credit: Oxford Fossil Free

“Last October’s Oxford University Student Union (OUSU) resolution has raised an important and multi-faceted matter which requires thorough consideration," said the administration's statement. "The university council had a good discussion of the issues and agreed to consider the matter further at a future meeting.”

That clearly wasn't satisfactory to members of the school's large Oxford University Fossil Free Divestment Campaign, whose activities spurred today's meeting in the first place.

"We are disappointed that they have deferred this important decision until a future meeting," they said in a statement. "This deferral represents serious complacency towards the urgent need for action on climate change. The Oxford University Divestment Campaign has been active for over 18 months, during which time it has been continuously hampered by the slow burn of the university’s bureaucratic processes. The absence of a response today is disappointing, given how long the decision-making process has taken already. We appreciate the university’s active engagement with the student body on this issue, and strongly urge the university to make the right decision without delay."

Others were less placated. Immediately after the university's announcement, Oxford Fossil Free posted on its Facebook page: "BREAKING: Oxford alumni have occupied a university administration building to demonstrate their anger over today's announcement that the university has deferred until May its decision on whether to divest from fossil fuels."

Also not placated was Oxford alumna Sunniva Taylor, who said, "If the university does not divest from fossil fuel extraction I have decided to hand back my degree, in protest. This is not just a question of integrity for me. I want to use the privilege having it gives me to try and shake things up; to use my power to draw attention to others’. The University of Oxford still has a lot influence—nationally and globally—and so the choices it makes about where it puts its money really do matter."

Another alumnus, solar energy entrepreneur Dr. Jeremy Leggett, said, "I don’t think universities should be training young people to craft a viable civilisation with one hand and bankroll its sabotage with the other."

Thousands of Oxford students and hundreds of alumni and academics have joined in encouraging the university o divest.. Photo Credit: Oxford Fossil Free

Oxford Fossil Free began in 2013 when the Oxford University Student Union Environment and Ethics Campaign took on fossil fuel divestment as its main project. By last November, more than 2,000, along with 300 alumni and 100 Oxford academics, had signed an open letter urging the university to divest. Currently the campaign boasts more than 550 alumni who have pledged not to donate to the university until it divests.

The campaigners were encouraged when the university council decided to have today's discussion, and last week, Oxford Fossil Free hosted a teach-in called "5 Days to Divest" to raise awareness of the issue and put some pressure on the administration, hoping it would follow in the footsteps of Scotland's Glasgow University, the first UK school to divest last October. Around 200 institutions globally have made commitments to pull their investments from fossil fuels, including Stanford University and the New School in New York City.

"We call on supporters of the campaign to continue to lobby the University, and show their support for responsible investment," said Oxford Fossil Free today. "The university must also know that our campaign will only grow from here; we will continue to make our demands, now with renewed urgency and determination."

Oxford students say they'll keep up the pressure on the administration. Photo credit: Oxford Fossil Free

The pressure will also continue from the Oxford University Student Union, which has endorsed the campaign.

"University council has seriously considered the proposals and has decided it wants to get more information before making a final decision, most likely in May," noted student union president Louis Trup. "My colleagues and I who sit on university council will then be able to show that the significant student view and the undeniable scientific evidence must not be ignored.”

YOU MIGHT ALSO LIKE

Global Divestment Day: A Huge Success

Divest Harvard Campaign Heats Up

Glasgow Becomes First European University to Divest From Fossil Fuels

EcoWatch Daily Newsletter

A pangolin at a rescue center in Cambodia. Rhett A. Butler / Mongabay

By Malavika Vyawahare

China has banned the trade and consumption of wild animals in the wake of the coronavirus outbreak that has claimed more than 2,700 lives and infected more than 81,000 people, most of them in China, according to the state-run Xinhua News Agency.

Read More
A man carries plastic shopping bags in Times Square on May 5, 2018 in New York City. Kena Betancur / VIEWpress / Corbis / Getty Images

Nearly one year after New York became the second state in the nation to pass a ban on grocery store plastic bags — the law is going into effect on Sunday.

Read More
Sponsored
White gold man-made diamond solitaire engagement ring. Clean Origin

While keeping track of the new trends in the diamond industry can be hard, it is still an essential task of any savvy consumer or industry observer. Whether you are looking to catch a deal on your next diamond purchase or researching the pros and cons of an investment within the diamond industry, keeping up with the trends is imperative.

Read More
Rep. Alexandria Ocasio-Cortez (D-NY) (C) chants with housing and environmental advocates before a news conference to introduce legislation to transform public housing as part of her Green New Deal outside the U.S. Capitol Nov. 14, 2019 in Washington, DC. Chip Somodevilla / Getty Images

Rep. Alexandria Ocasio-Cortez (D-N.Y.) took to the floor of the House of Representatives yesterday to chide Republicans for not reading the Green New Deal, which she introduced over one year ago, as The Hill reported. She then read the entire 14-page document into the congressional record.

Read More
Anti Ivan Duque's demonstrator is seen holding a placard with the photos of social leader Alirio Sánchez Sánchez and the indigenous Hector Janer Latín, both killed in Cauca, Colombia during a protest against Ivan Duque visit in London which included a meeting about fracking, environmental issues, the peace process implementation, and questioning the risk that social leaders in Colombia face. Andres Pantoja / SOPA Images / LightRocket / Getty Images

Colombia was the most dangerous nation in 2019 to be an environmental activist and experts suspect that conditions will only get worse.

Read More