UBC fossil fuel divestment Photo: Carter Bundage/The Ubyssey

Fossil fuel divestment makes it to January referendum

UBCC350, a campus group dedicated to fighting climate change, recently earned fossil fuel divestment a spot on the January referendum after successfully petitioning for 1,000 student signatures. Launched in early November, UBCC350′s Divest UBC campaign asks the university to pull its investments from fossil fuel companies. Currently, $100 million of UBC’s $1.06 billion endowment fund, which helps to fund university operations, is invested in fossil fuel companies.

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On Sept 19, 2023 ahead of the Climate Ambition Summit in New York City, climate activists gathered for a rally and civil disobedience outside Bank of America Tower in Midtown Manhattan as part of the March to End Fossil Fuels wave of actions resulting in multiple arrests. Activists demand Bank of America to “Defund Climate Chaos and Defend Human Rights” Photo: Erik McGregor (CC BY-NC 2.0 Deed)

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Let’s Save Each Other

Illustration by Stephanie McMillan. Used with permission