Home | About | Donate

Next Phase for the Fossil Fuel Divestment Movement? Escalation


#1

Next Phase for the Fossil Fuel Divestment Movement? Escalation

Divestment Students Network

This spring, our college administrators face a choice. They will have to pick a side.

It is a choice that has been a long time coming. Ever since the fossil fuel divestment movement ignited across campuses internationally two years ago, our university leaders have been bending over backwards to accommodate the contorted logic of an extractive economy.

"Until our so-called 'leaders' join us in this effort... we will disregard business-as-usual just as business-as-usual has disregarded us."


#2

It's great to see the Divestment movement growing, and with it, a return of student activism.


#3

Bullshit. Go ahead make it all about everybody else and their investments. Students look down. What you see are feet and they were made for walking. Sell your car and figure out how not to use FF. Trying to get someone else to do it for you will not work. How much of your student loans are you going to pay off without a car?


#4

This post was flagged by the community and is temporarily hidden.


#5

Would someone please explain how divestment hurts an oil company? They don't care who owns their stock shares! If Harvard and every other university sells their oil shares, all that means to the oil company is that they pay dividends to a new owner. The oil company is totally unaffected by the sale.

This is another classic move out of a tired playbook, encouraging "actions" which only have the impact of making the actor feel better. Why don't you do something that will have a real impact on your target companies? If you own enough shares, you can exert great pressure at shareholder meetings to change operations of the company. By divesting, you give up your voice.