Now, like no other time before, we have the opportunity to join an international movement of institutions that challenge the morality of profits obtained from an industry that emits an overwhelming portion of greenhouse gas emissions, degrading our land, air, and water resources, condemning future generations to a planet beyond repair.
Despite the administration's aim for a carbon neutral campus by 2050, as stated in the American College and University Presidents’ Climate Commitment, more than $71 million of the USM Foundation's $979 million endowment is invested in the energy and utility sector - primarily, oil and natural gas.
If you want to change this, sign our Fossil Fuel divestment petition here and come on out to the Divestment Spooktacular!
We are not alone. The University System of California sold $200 million in coal and oil sands investments last month to begin the process of divesting their $100 billion endowment fund. The University System of Maine, Stanford, Georgetown, and 39 other universities and colleges have pledged to partially or fully divest their institutions from fossil fuel companies. Weeks ago, the University of Baltimore SGA became the first University System of MD institution to pledge to divest from fossil fuels. Let's join them in fighting climate change with clean power and clean money.
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