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Monday 16th March could be a very big day for the divestment movement. Oxford University’s most senior decision-making body, University Council, will be discussing the recommendations of the student-led divestment campaign. Over the last 18 months the campaign has gained the written support of over 2000 students, 120 academics and 400 alumni. We need to make sure that all of these voices, and more, are heard in the run-up to this decisive meeting!.
With an international reputation and the biggest endowment in the UK, for Oxford to divest would be a momentous political statement; it would be declaring no confidence in the actions or financial prospects of the fossil fuel industry, adding its weight to the political momentum that is already undermining them. But it would also be a political statement to remain invested in fossil fuels. If the success of the University’s endowment depends on the success of fossil fuel companies, they have a vested interest the industry continuing unimpeded with its destructive behaviour. Taking action on climate change necessitates undermining the fossil fuel industry – this is not something the university can commit to until it does not rely on that industry
Oxford has made political statements with its investments before. In the cases of South African Apartheid and arms manufacturers associated with cluster munitions, they have taken a stand against unethical practices by divesting. When climate change is the biggest human rights issue of our time, there is no reason not to divest again.
We’re making a fuss to ensure that University Council hears these arguments, and hears how much support they have. Here’s what you can do to help us:
Let’s see Oxford Divest!
By Rivka Micklethwaite, Oxford student and co-chair of Oxford University Fossil Free
For more information, visit https://oxfordunifossilfree.wordpress.com/.
People & Planet is the largest student network in Britain campaigning to end world poverty, defend human rights and protect the environment.