Stanford University student Erica Knox went to see Bill McKibben’s “Do the Math” tour in November 2012. That’s when McKibben and 350.org launched a divestment movement to address climate change and challenge the power of the fossil fuel industry. Knox has been involved with divestment group Fossil Free Stanford ever since. “It’s definitely the group on campus where I feel like I’m actually creating change,” she said.
Modeled after the anti-apartheid movement of the 1970s and ’80s, the divestment campaign pressures universities and other institutions to sell their stock in fossil fuel companies. The movement has spread to more than 300 schools nationwide, as well as cities and faith-based institutions. San Francisco and Seattle, churches including the United Church of Christ, and small colleges such as Hampshire and Pitzer have already pledged to divest.
Divestment is just one strategy to combat climate change, says Knox, who is majoring in earth systems. But she says Stanford students can use their connection to the university’s $18.7 billion endowment to make a strong statement. “It’s important for us while we’re at a university with this kind of power and privilege to leverage that to actually make a difference.”
Divestment is nothing new to Donald Kennedy. While he was serving as president of Stanford in the 1980s, the university divested from specific companies that supported the apartheid regime in South Africa. Now, the former president and current Bing Professor of Environmental Science and Policy is supporting the university’s decision to begin divesting from coal-mining companies.
Kennedy was one of 170 tenured professors who signed a letter addressed to President Hennessy and the Board of Trustees. The letter, which followed a university-wide divestment petition that gathered nearly 2,000 signatures, called for Stanford to divest from all fossil fuels, including coal, oil, and natural gas. As President Emeritus, Kennedy’s was one of the most prominent names supporting the request to divest.
Kennedy, whose research interests include global climate change, believes coal divestment is valid, as there are alternative fuels that could be substituted for coal. He hopes there will be “careful and thoughtful analysis of what might be done elsewhere in order to promote a more effective set of climate policies.” He’s in favor of actions like divestment that encourage companies to pursue “a more controlled approach to the very serious problem of climate change.”
Amy Tomasso, a Stanford urban studies major from Farmington, Conn., was drawn to Fossil Free Stanford’s focus on student activism and the momentum that divestment was gaining on campus.
Last year, the group met with the university’s Advisory Panel on Investment Responsibility and Licensing to request divestment from the top 200 fossil fuel companies. After months of review, Stanford’s Board of Trustees announced on May 6, 2014, that it had agreed to begin divesting its stock in coal-mining companies.
The announcement, which came sooner than expected, was a surprise to Tomasso and other activists on campus. It positioned Stanford as the first major university to make a commitment to divest from coal. Fossil Free Stanford organizers celebrated their victory while planning to push for divestment from all fossil fuels, including oil and natural gas. Tomasso says it’s important for young people to lead the fight for fossil fuel divestment because they’re the first generation who’ll be living through the consequences of climate change.
“Everyone can be an activist,” says Tomasso. “Everyone has things they care about and love. If you take a moment to think about them, you’ll realize that the call to action is now.”
Truthout Is Preparing to Meet Trump’s Agenda With Resistance at Every Turn
Dear Truthout Community,
If you feel rage, despondency, confusion and deep fear today, you are not alone. We’re feeling it too. We are heartsick. Facing down Trump’s fascist agenda, we are desperately worried about the most vulnerable people among us, including our loved ones and everyone in the Truthout community, and our minds are racing a million miles a minute to try to map out all that needs to be done.
We must give ourselves space to grieve and feel our fear, feel our rage, and keep in the forefront of our mind the stark truth that millions of real human lives are on the line. And simultaneously, we’ve got to get to work, take stock of our resources, and prepare to throw ourselves full force into the movement.
Journalism is a linchpin of that movement. Even as we are reeling, we’re summoning up all the energy we can to face down what’s coming, because we know that one of the sharpest weapons against fascism is publishing the truth.
There are many terrifying planks to the Trump agenda, and we plan to devote ourselves to reporting thoroughly on each one and, crucially, covering the movements resisting them. We also recognize that Trump is a dire threat to journalism itself, and that we must take this seriously from the outset.
After the election, the four of us sat down to have some hard but necessary conversations about Truthout under a Trump presidency. How would we defend our publication from an avalanche of far right lawsuits that seek to bankrupt us? How would we keep our reporters safe if they need to cover outbreaks of political violence, or if they are targeted by authorities? How will we urgently produce the practical analysis, tools and movement coverage that you need right now — breaking through our normal routines to meet a terrifying moment in ways that best serve you?
It will be a tough, scary four years to produce social justice-driven journalism. We need to deliver news, strategy, liberatory ideas, tools and movement-sparking solutions with a force that we never have had to before. And at the same time, we desperately need to protect our ability to do so.
We know this is such a painful moment and donations may understandably be the last thing on your mind. But we must ask for your support, which is needed in a new and urgent way.
We promise we will kick into an even higher gear to give you truthful news that cuts against the disinformation and vitriol and hate and violence. We promise to publish analyses that will serve the needs of the movements we all rely on to survive the next four years, and even build for the future. We promise to be responsive, to recognize you as members of our community with a vital stake and voice in this work.
Please dig deep if you can, but a donation of any amount will be a truly meaningful and tangible action in this cataclysmic historical moment.
We’re with you. Let’s do all we can to move forward together.
With love, rage, and solidarity,
Maya, Negin, Saima, and Ziggy