Georgetown 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.
Our patterns of food consumption, both individually and collectively, could have a major impact on the life of the planet far into the future. As business leaders pursue innovative solutions for a new “green economy,” municipalities begin thinking about “food security” and words like “locavore” make their way into our dictionaries, do religious traditions like Roman Catholicism have anything to offer?
Last Tuesday, Georgetown Univeristy Fossil Free (GUFF) released its final divestment proposal. The 35-page document is the result of a year-and-a-half long campaign that focused on divestment of the GU endowment from the top 200 fossil fuel companies. Founded in December of 2012, the campaign is a combined effort of students, alumni, faculty, and staff that addresses the multiple viewpoints within the collective University.
What is the state of global climatic change and our dependence on fossil fuels? What place do conservation and renewable energy resources have in our national future? What values are embedded in our decisions about such matters as emissions levels and the comparative obligations of rich and poor countries? Do we need to make tradeoffs in balancing these values along with the imperatives of economic growth, environmental sustainability, and global equity?