I’m mainly blogging at the Guardian at the moment. Today I posted a piece on the fossil fuel disinvestment campaign, which has been rolling through US universities for a while.
In essence, disinvestment is the opposite of investment, inviting people to think about how their money’s being used when they’re not using it themselves. There’s a good Rolling Stone piece from last February if you want a catch-up on how the campaign has taken off in the US, or see the 350 website for more.
As I wrote on the Guardian piece, I suspect UK universities will take broader approach to the ways in which their campus might become “fossil free”, largely because they don’t tend to have such large endowments to invest.
The People and Planet site already has a reasonably impressive list of demands under simply “move their money” including changes in careers advice, a phase-out of fossil fuel research and to demand more research funding on renewables. Recent years have seen growing campaigns to “disarm” universities – e.g. Leeds – not only in terms of shares in arms manufactures, but careers fairs and the money they take for research, which is substantial, as funding from the oil industry can be too.
In some respects, this is less about universities disinvesting, and more the other way around. It’s about preventing particular industries from being able to profit from the resources universities hold; the people we train, the cultural authority we hold and, perhaps above all, the focus of the research we do.
I suspect we’ll see more of these campaigns in the future. In fact, the University of Oxford will see on Thursday. Its Earth Sciences department is launching a new partnership with Shell. Ed Davey, Secretary of State for Energy and Climate Change, will be there. And activists are planning to meet him.