Are you old enough to remember the movement to get colleges and universities to divest from South Africa? Bill McKibben’s group, 350.org, launched a similar effort to get schools to dump their investments in fossil fuels companies.
200 publicly-traded companies hold the vast majority of the world’s proven coal, oil and gas reserves. Those are the companies we’re asking our institutions to divest from. Our demands to these companies are simple, because they reflect the stark truth of climate science:
They need immediately to stop exploring for new hydrocarbons.
They need to stop lobbying in Washington and state capitols across the country to preserve their special breaks.
Most importantly, they need to pledge to keep 80% of their current reserves underground forever.
Would the fight against climate change benefit from a divestment movement?
Here’s another artifact from anti-apartheid movement, Artists United Against Apartheid, featuring Bono, Joey Ramone, Ruben Blades, Run DMC, and Bob Dylan: