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View Diary: Musings on divestment past, present and future (32 comments)

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  •  outstanding! here's the video (2+ / 0-)
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    citisven, liberated spaces

    Here’s what he said:

    The public is ready for us to take action, but we’re not. We are, as I’ve said previous speeches, sleepwalking. As Congress sleepwalks, Americans actually are taking action on their own.

    In coordination with the nonprofit organization 350.org, for example, students at more than 150 colleges and universities across the country are pressing those institutions to sell off the portions of their endowment portfolio that are invested in fossil fuel companies.

    These students are imploring their schools to weigh the real cost of climate change against the drive for more financial returns, and divest from the polluters.

    This type of divestment campaign was deployed effectively in the 1980s to pull investments from South Africa during apartheid. With American college and university endowments estimated to total more than $400 billion, this movement by students deserves significant attention.

    "It is in the shelter of each other that people live." Irish Proverb

    by Patriot Daily News Clearinghouse on Wed Dec 19, 2012 at 11:57:44 AM PST

    [ Parent ]

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