Archive | February, 2015

GLOBAL DIVESTMENT DAY!

13 Feb

IMG_9316IMG_9342_1https://www.facebook.com/edunipeopleandplanet?fref=tsToday people gathered from across the world to demand a fossil free future – one that is free from the injustices of climate change, exacerbated by our continued investment in fossil fuels. Students and staff at Edinburgh University gathered to increase pressure on the university’s ongoing discussions on fossil fuel divestment, looking to reach a critical stage in the next month. The University of Edinburgh continues to invest over £30 million of it’s endowment fund in fossil fuel companies. This is not a sustainable, ethical or socially responsible use of such funds. We demand the university to:

– Immediately freezes any new investment in fossil fuel companies.

– Divests from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years. (By fossil fuel companies we refer to the index of the top 200 fossil fuel companies: http://tinyurl.com/nydvfjg

Action cards were signed, chants were sung and a big model of the Earth was attempted to be kept in the people’s hands, whilst ‘oil monsters’ tried to undermine our efforts…Check out photos from our action here: https://www.flickr.com/photos/ricjl/sets/72157650732921726/

And tweet the university today and tomorrow: @Edinburghuni #divest

https://www.flickr.com/photos/ricjl/sets/72157650732921726/