[DurhamDivest] Just a reminded to submit your answers to the divestment question by 31 December

[Susan Wesley]

These are my answers to the questions;

Q1. Do you believe that Durham University should divest from companies 
involved in fossil fuel extraction? Please provide reasons for your 
response.

Yes I do believe Durham University (DU) should divest from companies 
involved in fossil fuel extraction.

My reasons are:

1. The use of fossil fuels are the main cause of Climate change
2. To keep the planet from globally warming above 2C we need to produce 
zero CO2
3. To help produce zero CO2 DU needs to stop investing in fossil fuel 
companies
4. Investing in fossil fuel companies does not encourage these companies 
to stop producing fossil fuels
5. "We have no time to lose, not even four years, if we still want a 
chance to limit warming to well below 2 degrees as unanimously agreed 
[at Paris], for good and urgent reasons," said Stefan Rahmstorf, a 
professor at Potsdam Institute for Climate Impact Research, which 
contributed to the sensitivity study.
     "Holding to this line is of critical importance to prevent a 
long-lasting crisis for humanity,"     he said.
6. 
http://www.smh.com.au/environment/climate-change/warming-up-new-research-points-to-a-more-sensitive-climate-to-rising-co2-20161113-gso3z0.html
7. It is morally wrong to invest in fossil fuels and the like that does 
humanity harm.

Q2. Do you believe Durham University should invest in companies involved 
in fossil fuel extraction if they are also involved in renewable and 
green technologies? Please provide reasons for your response.

No I do not believe DU should invest in fossil fuel companies even if 
they are involved in renewable and green technologies.

My reasons are:

1. Fossil fuel companies so called renewable and green technologies 
still use fossil fuels
2. This technology is not zero CO2
3. These technologies produce more CO2 to build than solar and wind
4. Carbon Capture and Storage is a big CO2 intensive build, which still 
has many problems
5. Geothermal is also a big CO2 intensive build, and it does have it's 
problems
6. Time is running out to prevent the 2C warming. These big projects 
take along time to build. Solar and wind are ready to go, and there is 
plenty of roof space in the world to roll-out solar and create plenty of 
jobs.
7. This does not encourage fossil fuel companies to keep it in the ground


On 14/12/2016 16:57, Beth Kahn wrote:
> Thanks Susan
>
> Do you have any evidence or arguments we could use in our own 
> submissions to amplify your points?
>
> On 14 Dec 2016 11:01, "Susan Wesley" <swesley at phonecoop.coop 
> <mailto:swesley at phonecoop.coop>> wrote:
>
>     Hi All
>
>     Just a reminded to submit your answers to the divestment question
>     by *31 Decembe*r.
>
>     If you haven't submitted your answers concerning the “Consultation
>     on the divestment of Fossil Fuels” use this link -
>     https://www.dur.ac.uk/divestment/ <https://www.dur.ac.uk/divestment/>
>
>     The question are:
>
>     Q1. Do you believe that Durham University should divest from
>     companies involved in fossil fuel extraction? Please provide
>     reasons for your response.
>
>     Q2. Do you believe Durham University should invest in companies
>     involved in fossil fuel extraction if they are also involved in
>     renewable and green technologies? Please provide reasons for your
>     response.
>
>     I submitted mine a few days ago. The deadline for submissions is
>     31 December 2016.
>
>     If you live in and around Durham I don't see why you cannot take
>     part in this consultation, you are as much apart of the university
>     as anyone. You have nothing to lose so submit your views!
>
>     Best wishes
>
>     Susan
>
>
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