Links to mining sector are preventing Australian universities from divesting in fossil fuels
There are ‘fossil free’ campaigns at 15 Australian universities, but yet no university has fully committed to divesting in fossil fuels.
There are ‘fossil free’ campaigns at 15 Australian universities, but yet no university has fully committed to divesting in fossil fuels.
The broad principle of companies, government bodies and universities divesting from oil, gas and coal companies is sound. But its application needs more sophistication.
Divestment doesn’t affect global demand for oil, it just transfers power to state-run oil companies – which have higher carbon footprints. But there are other things we can do.
Glasgow recently became the first European university to join the rapidly-expanding fossil free divestment movement. Following hot on the heels of the Australian National University, Glasgow promised to…
Is the Australian National University’s decision to sell its shares in some resource companies merely tokenistic? Far from it. The outrage from the affected companies shows how much influence universities…
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