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Divestment

Protesters Occupy Police Unions, Demand Investment In Black Communities

By Staff of RT - Black Lives Matter protesters taking aim at police union offices forced a shutdown of one in Washington, DC. Simultaneously in Detroit, activists chained themselves to a police station to demand the ouster of an officer who shot dead a 7-year-old in 2010. Protests, held by Black Youth Project 100 (BYP100) and Black Lives Matter, hit several cities across the US on Wednesday. July 20 would have been the 14th birthday of Aiyana Stanley-Jones, who was shot dead in a SWAT raid on her house in May 2010.

Student Activist Victory: U Mass Divests From Fossil Fuel

By Robert P. Connolly for UMass Amherst - BOSTON – The University of Massachusetts today became the first major public university to divest its endowment from direct holdings in fossil fuels. The decision was made by a unanimous vote of the Board of Directors of the UMass Foundation, a separate not-for-profit corporation that oversees an endowment whose value was $770 million at the end of the last fiscal year. The decision followed a series of developments that signaled the University community’s desire to fight climate change.

‘Neutral Is Not Acceptable’:Protests For Colleges To Go Fossil Free

By Nika Knight for Common Dreams - A series of sit-ins and protests urging universities to divest their endowments from fossil fuels gained new strength this week, as students at the University of Montana, Vassar College, Northern Arizona University, and the University of Wisconsin-Madison launched their own actions to combat climate change. Two nights in a row, on Monday and Tuesday multiple students at Northern Arizona University (NAU) were arrested for taking part in a nonviolent action demanding their school divest from oil and gas companies.

Newsletter: Ending The Political Charade

By Margaret Flowers and Kevin Zeese. This week, on Earth Day, representatives from 130 countries gathered at the United Nations in New York City to sign the climate treaty agreed upon in Paris last December. As they smiled for the camera and promised to do their best to hold the temperature down, climate activists posted an open letter stating that it is too late, the climate emergency is already here. Leading up to the signing of the Paris Treaty this week were actions to stop the advance of fossil fuels and nuclear energy. Many events to mark the one year anniversary are taking place this week and the next in Baltimore to remember the uprising. Erica Chenoweth, the author of "How Civil Resistance Works", writes that elections both locally and globally are being shaped by nonviolent resistance. In the US, no matter who is elected president in the November election, it will be critical for those who have been activated to continue to organize and visibly protest.

Undeterred Students Keep Up Second Week of Divestment Sit-Ins

By Nadia Prupis for Common Dreams - Students at three major American universities are digging in for a series of prolonged sit-ins and risking suspension and arrest to demand that their schools divest from fossil fuels. NYU's protest, which launched Monday, saw students with NYU Divest occupying the administrative elevator and lobby of the school's Bobst Library to demand the Board of Trustees holds a vote on divestment at its next meeting and allows the group to give them a presentation.

Another Divestment Campaign Against Nuclear Gets Its First Victory

By Martin Fleck for PSR - Mayor Denise Simmons of Cambridge, Massachusetts announced on April 2 that by unanimous City Council vote, Cambridge will divest its $1 billion pension fund from "any entities that are involved in or support the production or upgrading of nuclear weapons systems." Mayor Simmons announced divestment at an MIT symposium, Reducing the Dangers of Nuclear War, organized by The Future of Life Institute, where PSR Board Member and IPPNW Co-president Ira Helfand, MD delivered a plenary talk on the humanitarian impact of nuclear weapons.

Yale Divests $10 million From Fossil Fuels

By Ayla Besemer and Finnegan Schick for Yale News - In a Tuesday letter to Yale’s Advisory Committee on Investor Responsibility, Chief Investment Officer David Swensen reported that after months of talking with Yale’s external investment managers about the potential risks associated with investments in coal and oil, around $10 million of the endowment has been removed from three publicly traded fossil fuel producers. Tuesday’s message follows a letter penned by Swensen in 2014, in which he asked Yale’s investment managers to consider climate change in their investment choices.

Columbia Divest For Climate Justice Protesters Plan Sit-In At Low Library

By Catie Edmondson, Teo Armus, and Cauver Suresh for Columbia Daily Spectator - Sixteen members of Columbia Divest for Climate Justice are conducting an indefinite sit-in inside Low Library to demand that the University divest from the fossil fuel industry. The group—which has been campaigning for this goal since its founding in fall 2012—may be in potential violation of the Rules of Conduct. While CDCJ had a meeting with Bollinger scheduled for Apr. 29, the group is demanding for Bollinger to meet with them immediately and issue a statement in support of divesting from the top 200 publicly traded fossil fuel companies.

UMass Officials Support Fossil Fuel Divestment Amid Student Protests

By Amanda Hoover for Boston - University of Massachusetts officials announced Tuesday that they would back a policy for the university system to divest from fossil fuel companies after students occupied a campus administrative building. Fifteen protesters were later arrested after refusing to vacate the scene. “Throughout my career, I have stood for environmental progress and reducing the carbon footprint,” UMass President Marty Meehan said in a statement.

Divest Harvard Protesters Arrested At Investment Building

By Luca F. Scroeder for the Crimson. Police arrested several members of the student activist group Divest Harvard after they staged a sit-in within the lobby of the Boston Federal Reserve Tuesday afternoon, protesting Harvard Management Company’s investment in the fossil fuel industry. Four members of Divest Harvard protested in the building, which houses HMC, the University’s investment arm that manages its $37.6 billion endowment. Members of Divest Harvard identified the arrested protesters as Naima Drecker-Waxman ’18, Applied Physics graduate student Benjamin Franta, School of Public Health student Rory Stewart, and Adam Cory Vander Tuig, a student at the Divinity School and Memorial Church seminarian. About 25 students, faculty members, and alumni who support Divest Harvard held a rally outside of the building at the same time.

#MillionStudentMarch: Time To Build Political Revolution!

By Staff of Million Student March - On November 12, the first #MillionStudentMarch took place on 115 campuses across the country. On April 13th, we’re doing it again, this time joining forces with Black Liberation Collective, the group behind the Mizzou Movement, to say “no” to racism and student debt! Students nationwide will be coming together to challenge the racism of Donald Trump and the corporate establishment.

Factory Farming Divestment: What You Need To Know

By Tom Levitt for The Guardian - The fast food chain Subway is latest to join the backlash against antibiotic use in the farm sector. It has launched a new chicken sandwich in the US made with meat from animals raised without antibiotics. The move is a sign of the growing consumer and business interest in the welfare and environmental impact of animals reared for meat, dairy and eggs, with most of the blame directed at intensive, factory-style farms. Hoping to echo the success of the fossil fuel divestment movement (which has seen more than 400 institutions commit to pulling money from coal, oil and gas companies to tackle climate change)...

BYP100 Agenda To Build Black Futures, Economic Justice Plan

By Staff for BYP100. As people across the world celebrate the life and legacy of Dr. Martin Luther King Jr. and take action to reclaim his legacy of radicalism, the Black Youth Project 100 (BYP100) announces its upcoming release of the Agenda to Build Black Futures. The Agenda to Build Black Futures, the organization’s second public policy agenda, is a platform for young activists seeking to create a new economy where young Black people can thrive. “For Black people living in America, there is no economic justice without racial justice. We live in a country that tells us that not all of us deserve to breathe, eat well or have access to water,” says BYP100 National Director Charlene Carruthers. We understand that Dr. King’s personal revolution sparked his commitment to economic justice. In doing so, a wider target was placed on his back. His last days were spent among street sanitation workers demanding dignity and fair pay for their work.

Bill Gates’ ‘Solution’ Misses Vital Part Of Equation

By Alec Connon for Popular Resistance. Paris, France - Bill Gates was a rare civilian among presidents and prime ministers at the opening session of the Paris climate talks on Monday. The reason that Mr. Gates was there, sharing a stage with the likes of President Obama and Prime Minister Modi of India, was that he was announcing his latest piece of entrepreneurial philanthropy: the Breakthrough Energy Coalition. Including 28 of the world's truly super rich, the raison d' etre of the Gates-headed coalition is to provide financial support to companies that bring innovative clean energy ideas to the marketplace. An initial two billion has been pledged, and that figure is expected to rise dramatically. The coalition was announced in tandem with the Mission Initiative, a commitment that has been made by 20 nation-states, including China, the US and India, to double their investments in clean energy research and development.

More Than $3.4 Trillion In Assets Vow To Divest From Fossil Fuels

By Zahra Hirji for Inside Climate News - More than 500 institutions representing about $3.4 trillion in assets have agreed to sell their investments in fossil fuel companies, divestment leaders announced on Wednesday, a nearly 24 percent increase since the movement last announced its commitment list in September. European insurer Allianz, the city of Oslo, Norway, and the London School of Economics are among the latest institutions, communities and individuals to pledge to divest at least partially from coal, oil and natural gas companies, members of the green group 350.org and nonprofit Divest-Invest said at a press conference in Paris.

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