Following in the footsteps of an increasing number of college and university faculty worldwide who are calling on their educational institutions to stop investing their endowment funds in the fossil fuel industry, the University of Maine Faculty Senate passed a resolution Wednesday urging the UM System Board of Trustees to divest.
Steve Coghlan, Associate Professor of Freshwater Fisheries and Faculty Senate member helped to draft the resolution. “Decades of accumulating scientific evidence shows, beyond any reasonable doubt, that exponential growth in the human population and economy driven by industrialization and fossil-fuel combustion is causing rapid, de-stabilizing, and dangerous changes to the global climate and all life-support systems on Earth, and is eroding our prospects for achieving a happy, safe, and prosperous future on a finite planet. Divestment from the fossil-fuel industry is but one of many steps we must take to respond intelligently to these crises, and the UM Faculty Senate has shown great leadership and foresight in recommending divestment to the UMS Board of Trustees. ”
“We are incredibly excited and rejuvenated by the vote of the Faculty Senate in support of UM System divestment from fossil fuels,” stated Divest UMaine student co-president Connor Scott. The group is proud that the UM System Board of Trustees committed in January, 2015 to divest their direct holdings in coal, but have stated their intention to continue pushing for full divestment.
According to Cat Fletcher, co-president of Divest UMaine who is finishing her senior year, “It’s not the last the UM System will see of us. I am not graduating out of this movement.”