Home / Fall 2013 / 2013-11-07 / Letter to the editor: VSU, reinvest in cleaner fuel

Letter to the editor: VSU, reinvest in cleaner fuel

Are you concerned that the money you spend supports sweatshops in Bangladesh and elsewhere, perpetuating the misery of millions of our fellow human beings? Undoubtedly many of us are concerned, and we understand that we can make a difference in the world by being more judicious about where we shop. As ethical consumers become more aware of the need for greater social responsibility in the marketplace—exemplified by the Fair Trade movement—growing numbers producers are responding to our demands. The result is that positive changes are taking place in numerous industries all over the world. You’ll recall that it was divestment that contributed to the end of the racist Apartheid system in South Africa and to a decline in smoking in the United States.

The same principles are at work right here on campus in S.A.V.E.’s fossil fuel divestment campaign. For the greater good, namely to stabilize the climate, S.A.V.E. is urging our administration to withdraw funds from corporations that produce and distribute carbon-based fuels and to reinvest them elsewhere. Divesting from oil and gas will encourage companies who specialize in producing energy to bring cleaner fuels to the market. Only by demanding corporate accountability and responsibility can we safeguard public health and allow our fragile planet begin to heal itself. Without this pressure, however, oil and gas companies have no incentive to change.

Some will argue that VSU’s coal, oil, and gas investments yield good returns, but I’d counter that there are plenty of other options promising solid returns these days. In fact, the last time I checked, the Standard and Poor’s 500 Index was up 23% from a year ago. So, the yield argument is a nonstarter. Moreover, if administrators really believed what they preach about education, they would see the fossil fuel problem holistically as members of S.A.V.E. do.

They’d understand that what the professors in Geosciences are teaching their students is connected to what professors in Philosophy and Religious Studies, and professors in History, and Sociology, Anthropology, and Criminal Justice are teaching their students; namely, that we live in a globally interconnected world, and that failure to look beyond short-term time horizons is irresponsible. Indeed, there seems no better way to connect the disciplines—seen as an important issue in education—than over this issue.

As an educator, I am extremely proud of this group of student activists who have taken to heart everything that they have learned here at VSU. Let’s follow their lead.

Dr. Matthew Richard
Associate Professor

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