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On October 18, students delivered an open letter to Vice-Chancellor Martin Bean signed by 401 RMIT academics and staff calling on the university to dump its fossil fuel investments.
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Resistance: Young Socialist Alliance (RYSA) released the following statement on October 27 in support of the Fossil Free UTas occupation. The following day Fossil Free UTas announced that they were ending the occupation and restarting negotiations after two days of productive meetings with the university management. * * * -
Students from the Royal Melbourne Institute of Technology (RMIT) marched through the university on September 22 to deliver a 1000-signature petition to the Vice Chancellor calling on the administration to divest from the fossil fuel industry. Student group Fossil Free RMIT is calling on the university to rule out any further investment in fossil fuel stocks, make a public declaration of commitment to fully divest in a specified time as well as periodic reporting of its divestment progress. -
Melbourne climate activists staged an “End of Coal” parade on August 13. They were celebrating the Commonwealth Bank’s decision to cancel its involvement with Adani’s Galilee coal proposals. They called on all Australia’s Banks to stop investing in fossil fuels.
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that if humanity is to avoid catastrophic climate change — which means limiting a rise in average global temperature to 2°C above that of pre-industrial times — most known fossil fuels reserves have to stay in the ground. The science is lost on the Tony Abbott government, which argues that Australia’s vast fossil fuel reserves will ensure the country’s energy remains “cheap”. -
Pressure is mounting on Australia’s big four banks over their support for the construction of coalmines in Queensland’s Galilee Basin. Greenpeace launched a public email campaign targeting the executives of ANZ, Commonwealth, NAB and Westpac, “to publicly rule out financing or advising Adani [Mining] on the Carmichael coal mine and associated infrastructure project in the Great Barrier Reef or Queensland”. -
In the lead-up to the first global divestment day on February 14, the University of Sydney announced it will reduce the carbon footprint of its investments by 20% within three years by divesting from heavy polluters. But it has shied away from divesting from fossil fuels altogether. The decision follows a sustained student-led campaign, with support from Greenpeace, that has been urging the university to completely divest its investments in fossil fuels.
fossil fuel divestment
fossil fuel divestment