A recent Board of Trustees decision not to pressure or threaten divestment from firms that have business ties with private prisons has revived the debate on whether divestment is the right strategy for activists.
Six faculty members released a letter on Wednesday urging more immediate and comprehensive divestment from fossil fuels by the University, citing the petition signed by 376 faculty members last March. This most recent letter was written in response to an earlier letter written by the Board of Trustees and President John Hennessy in anticipation of the Paris climate negotiations to take place in December.
We are alarmed at the university administration’s blatant misconduct in this process, and we expect that Stanford will correct the situation immediately. We believe that the only reasonable remedy is an entirely new review for SJP’s divestment request, from which Weinstein should recuse herself.
The scale and severity of the climate crisis demands that production of all fossil fuels be curtailed. Therefore, Fossil Free Stanford has called for full divestment from oil and gas companies as well. Our work with the administration has thus far been productive, but we are rapidly running out of time in the inexorable march towards irreversible climate change and falling behind in the courageous opposition movement which Stanford helped to catalyze.
At a Board of Trustees meeting earlier this week, Provost John Etchemendy Ph.D. ’83 announced a name change for the Stanford School of Earth Sciences. The change took effect on Feb. 11, and the school is now officially named the “Stanford School of Earth, Energy & Environmental Sciences.”
The Board of Trustees met on Feb. 9 and 10 to discuss tuition increases, the status of the School of Humanities and Sciences and several construction projects.
For the 2013-2014 academic year, tuition will increase 3.5 percent for all undergraduate and most graduate students.
LaTonia G. Karr ’92, a San Francisco-based social worker, has been elected as the newest member of the Stanford Board of Trustees. She will assume her five-year term on Feb. 1.