Tag: divestment

Opinion

A Crucial Step for the Partial Divestment Proposal

On the fifth of April, Fossil Free Mac heard back from Macalester’s Social Responsibility Committee (SRC) and President Brian Rosenberg regarding our proposal to place a moratorium on the $40 million the college endowment invests in private partnerships with the oil and gasindustry. We are incredibly excited to report that the members of the committee…

News

Divestment proposal recommended by SRC, will go to Trustees

After several months of deliberation, the Social Responsibility Committee (SRC) has unanimously voted to recommend Fossil Free Mac’s (FFM) proposal of a moratorium on the college’s direct private partnerships with oil and gas investments to the Board of Trustees. The SRC, comprised of five voting members and three ex-officio members, issued an official report on…

Fossil Free Mac proposes divestment to SRC
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Fossil Free Mac proposes divestment to SRC

On Wednesday Jan. 31, Fossil Free Mac (FFM) presented their latest fossil fuel divestment proposal to to the Social Responsibility Committee (SRC). The SRC was supposed to hear FFM’s presentation last fall, but due to scheduling conflicts, was unable to convene before winter break. The proposal presented on Wednesday calls on Macalester to divest the…

Fossil Free Mac proposal to go before SRC
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Fossil Free Mac proposal to go before SRC

Fossil Free Mac wants Macalester to stop entering into private partnerships with oil and gas companies and place a moratorium on the ones it already has – and it could have its proposal before the Board of Trustees by February. In the past, Fossil Free Mac has sought the college’s total divestment from any financial…

Opinion

Macalester needs to become fossil free

by Fossil Free Mac fossilfreemac@macalester.edu As the United States shies away from the commitments outlined in the Paris Climate Accord, decisive action to combat the nation’s reliance on fossil fuels is more important than ever. Incoming students may be surprised to discover that Macalester still has significant funds invested in these destructive energy sources. Through…

News

Fossil Free Mac changes tactics in fight for divestment

Building off a successful engagement during the Board of Trustees’ (BoT) visit to campus last semester, Macalester’s student divestment organization, Fossil Free Mac (FFM) will meet with the BoT’s Student Life Committee in May. Since its formation five years ago, FFM has advocated for Mac to divest its endowment from the Carbon Underground 200, the…

Environmental activist Winona LaDuke advocates for divestment
News

Environmental activist Winona LaDuke advocates for divestment

An audience of Macalester community members and visitors crowded into JBD Lecture Hall to hear environmental activist Winona LaDuke speak on March 1. The room overflowed with spectators, who sat in the aisles and dragged in extra chairs when seating ran out. LaDuke is best known for founding Honor the Earth, a nonprofit advocating for…

Opinion

Fossil Free Mac: it’s time to end private partnerships

On January 30, President Brian Rosenberg sent a statement to our community opposing the Trump administration’s recent travel ban. Then, on February 9, President Rosenberg sharply criticized the inexperience of incoming Secretary of Education Betsy DeVos. Through these statements, President Rosenberg laid the groundwork for the college to counter the dangerous policies of Mr. Trump….

Fossil Free Mac demonstrates during Board of Trustees’ visit
News

Fossil Free Mac demonstrates during Board of Trustees’ visit

Last Friday, October 7, Macalester’s pro-divestment student organization Fossil Free Mac (FFM) staged a large-scale rally while the Board of Trustees (BoT) was on campus. FFM is currently advocating for Macalester to divest its endowment of all stocks held in the Carbon Underground 200 (the world’s top 200 fossil fuel-related companies), which amounts to approximately…

Opinion

Fossil-fuel divestment is essential to Macalester’s identity

“Our investments should reflect our values. If we value urban sustainability, we must divest.” This was the message chalked outside of Carnegie Hall last Friday, calling for the Board of Trustees to divest the endowment from fossil fuels. Other chalkings included opposition to the Dakota Access Pipeline (DAPL), a Bakken oil pipeline currently being constructed…

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