2021-03-10 12:25:41

"A Big Deal": Bill McKibben on Rutgers Fossil Fuel Divestment & the Future of Climate Justice

Rutgers University has voted to begin divesting from fossil fuels, following a campaign by the student-organized Endowment Justice Collective that grew out of the Global Climate Strike in 2019.

The organizing efforts led to a referendum vote in 2020 in which 90% of students supported divestment. About 5% of Rutgers's $1.6 billion endowment is invested in fossil fuels, and under the terms of the agreement, it will now cease new fossil fuel investment and divest from passive index funds with fossil fuel investments.

It said it also plans to invest in renewable energy and energy efficiency and that the school's investment office will annually report on divestment progress.

Author, environmentalist and 350.org co-founder Bill McKibben says the Rutgers divestment decision is "a big deal," especially as it happened at one of the oldest universities in the United States. "It's one more sign of just how much the zeitgeist has shifted," he says.

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. lOur reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.

Missed an episode?  Check out DN on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

Amy Goodman Bill McKibben Climate Change Climate Justice Democracy Now! Endowment Justice Collective Fossil Fuel Free Speech TV Global Climate Strike Global Warming Rutgers Fossil Fuel Divestment United States

Environment

Rising Up With Sonali

Will the Senate Pass an Infrastructure Bill?

Will the Senate Pass an Infrastructure Bill?

Just Solutions

Location of families in correlation to climate change

Location of families in correlation to climate change

The Thom Hartmann Program

Sen. Bernie Sanders' Two Solutions to Healthcare & Infrastructure

Sen. Bernie Sanders' Two Solutions to Healthcare & Infrastructure

Just Solutions

Latinx communities in the U.S. are the most vulnerable to climate change

Latinx communities in the U.S. are the most vulnerable to climate change

Related

Democracy Now!

NAACP Head Derrick Johnson Remembers Bob Moses as Key “Strategist” of Civil Rights Movement

NAACP Head Derrick Johnson Remembers Bob Moses as Key “Strategist” of Civil Rights Movement

Rising Up With Sonali

How the Delta Variant is Becoming a Pandemic of the Unvaccinated

How the Delta Variant is Becoming a Pandemic of the Unvaccinated

Rising Up With Sonali

Thousands March to Demand Medicare-for-All

Thousands March to Demand Medicare-for-All

Rising Up With Sonali

Will the Senate Pass an Infrastructure Bill?

Will the Senate Pass an Infrastructure Bill?

Proud Partners