divesting from fossil fuels

Newcastle and the Hunter region in New South Wales are the focus of the Monumental Imaginaries ±ð³æ³ó¾±²ú¾±³Ù¾±´Ç²Ô.ÌýCathy Peters reviews the works of artists commenting on the magnitude of the transformation required for a rapid energy transition.

After a two-year campaign by students and staff, the Queensland University of Technology (QUT) Vice Chancellor Peter Coaldrake has committed to divest the university’s $300 million endowment fund of its shares in coal, oil and gas companies.

The move, announced on September 2, means QUT has joined three other Australian universities — Australian National University, La Trobe University and the University of Sydney — in a global divestment movement to withdraw support from industries fueling climate change.

Fossil Free UTas began a sit-in on October 14 outside the office of University of Tasmania's vice-chancellor, Peter Rathjen. The sit-in lasted a marathon 15 days. The University of Tasmania has not yet committed to divesting from fossil fuels, but negotiations between the university and Fossil Free UTas are now underway. The sit-in gained community awareness and support for the campaign. The students received national and international media attention, and their actions sparked similar campaigns in other parts of the country.