The end of coal is inevitable but divestment will help accelerate the process, especially as we can’t rely on government to stabilise the environment
The movement to divest from the fossil fuel industry has grown rapidly over recent years in tandem with the urgent need to decarbonise the global economy. In Australia, divestment commitments have been made by local councils, charitable trusts, super funds and the Australian Capital Territory.
Universities have been a central focus of the campaign. Leading global universities such as Yale, Stanford and Stockholm have undertaken partial or complete divestment. In Australia, La Trobe and the Queensland University of Technology have made comprehensive divestment commitments, while others including the Australian National University, Monash and Sydney have taken substantial steps towards this goal.