STOCKS STOCKS Let's Talk About ! It’stimetogiveyourfamily“thetalk”... about FOSSILFUEL DIVESTMENT! A Astudent'sstudent'sguideguidetototalkingtalkingdivestmentdivestmentoveroverthetheholidays holidays 'TistheReason4theSeason
Whatexactlyis fossilfuel divestment? removalofmoney,suchasstocks, bonds,orinvestmentfundsoutof oil,coal,andgascompanies
PZ'sLSUreleasedsolidarity lettercallingforremovalof BlackRockTrustee FOSSILFUEL DIVESTMENTHISTORYatthe5Cs PZannouncedClimateAction Model/planstodivest$125m endowment. DotheMathSpeakingTour inspired5CDivestment Campaign Nov.2012 Apr.2013 POpassedstudentreferendum infavorofdivestment SCheldadivestmentpaneland screenedDotheMath Apr.2013 Sept.2013 Apr.2014 PZ'sOpenFormonBlackRock Sept.2019 Oct.2019 Mar.2020 Mar.2021 Apr.2021 Oct.2021 Apr.2022 PO PresidentOxtobyvoted againstfossilfueldivestment. PZ'sLSUsentoutsolidarityletter callingforremovalofBlackRock TrusteeonPZ'sBoard PZStudentSenatepassed resolutionofdivesting endowmentfromBlackRockfund WeNeedtoKnowManifestois publishedatPZ'sartgallery PZstudentsattendedCollege councilmeetingstodemand divestmentfromBlackRock 5Cstudentsprotestedagainst CoastalGasolinePipelineproject atCMC POstudentsapprovedASPC referendumonfossilfuel divestmentanddisclosure. Legend: PO=Pomona,SC=Scripps, PZ=Pitzer,CMC=Claremont McKenna,LSU=LatinxStudent Union,ASPC=AssociatedStudentsof Pomona BackgroundInfo: DotheMath:ProfessorMcKibbenspokeofglobal movementonfossilfuelindustryandhowstudentscan participate BlackRock:globalinvestmentmanagementfirmlinkedto fossilfuelproducers CoastalGasolinePipeline:pipelinethatrunsacrossthe Wet’suwet’enNationlandinBritishColumbia,Canada,; CMCtrusteeanddonorshaveinvestedinthisproject.
Fossil fuel divestment facts Fastestgrowingdivestmentcampaigninhistory Thesupportbaseisnotonlyaboutenvironmental activists,butyoungergenerationsandcollegestudents! Fossilfuelcompanieshold2,860gigatonsinreserves (1gigaton=10,000USaircraftcarriers). 515institutions(i.e.,Seattle,WA,StanfordUniversity, GeorgetownUniversity,AdelaideBankinAustralia,and ChurchofEngland)havedivestedfromfossilfuels. Coal Electricity Natural Gas Oil Fossil Fuel Type BasedontheEarthPolicyInstitute