Tag Archive for fossil fuel

Jesuit students want to be part of the broader, sustainable movement in fossil fuel divestment

2016_10_15_P&P_Photo1Anthony Rizzi

I am part of DIVEST Loyola and the Loyola Association of Students for Sustainability and when we worked together with different on-campus and off-campus organizations to create the first ever Earth Week celebration at Loyola New Orleans this year, I wondered how great it would be if all Jesuit institutions somehow worked together under one sustainable movement to encourage, empower, and educate each other for a greater change among our greater Jesuit community.

Papal Encyclical Heartens Proponents of Fossil-Fuel Divestment

19DIVEST-articleLargeThe word “divestment” is nowhere to be found in the nearly 200 pages of the papal encyclical released Thursday, but by addressing the threat of climate change in such a forceful way, Pope Francis is likely to add momentum to the movement by big institutions to sell holdings tied to fossil-fuel stocks.

Fossil fuel divestment economics in line with morality

43755The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate.

Georgetown University Votes To Divest From Coal

8533016406_53f933f135_zGeorgetown University’s board of directors voted to divest the school’s endowment from coal companies Thursday, a move that fell short of students’ hopes for divestment from all fossil fuel companies.

Students staged a sit-in on campus in the lead-up to the board meeting to press the school’s board of directors to vote in favor of divesting from fossil fuels. They were disappointed by the board’s final decision — coal makes up only a small portion of the board’s total investments, they said, and as a Jesuit institution, Georgetown has a moral obligation to divest from fossil fuels.