{"id":191,"date":"2016-02-07T02:14:53","date_gmt":"2016-02-07T02:14:53","guid":{"rendered":"https:\/\/climatecommonsblog.wordpress.com\/?p=154"},"modified":"2016-02-07T02:14:53","modified_gmt":"2016-02-07T02:14:53","slug":"ubc-rejects-divestment-proposal-proposes-10-m-sustainability-fund","status":"publish","type":"post","link":"https:\/\/carleton.ca\/climatecommons\/2016\/ubc-rejects-divestment-proposal-proposes-10-m-sustainability-fund\/","title":{"rendered":"UBC rejects divestment proposal, proposes $10 M sustainability fund"},"content":{"rendered":"<p style=\"text-align:center;\"><em>Reposted from <a href=\"http:\/\/academica.ca\/top-ten\/ubc-rejects-divestment-proposal-proposes-10-m-sustainability-fund\" target=\"_blank\">Academia.edu<\/a>. Originally published February 5, 2016<\/em><\/p>\n<p>The University of British Columbia has reportedly proposed a $10 M sustainability fund instead of divesting from fossil fuel companies, despite last year\u2019s majority vote by both UBC students and faculty in favour of fossil fuel divestment. The decision was frustrating, said UBCC350 Co-ordinator and UBC student Alex Hemingway, \u201cwhat we\u2019ve seen at UBC is two decisive referendum votes from faculty and staff in favour of divestment that the committee has chosen to ignore.\u201d UBC Vice-president of External Relations and Communications Philip Steenkamp released a statement saying\u00a0that the finance committee had concluded that divestment may not have its desired impact on climate change or corporate behaviour, and \u201cwould not be consistent with the board&#8217;s fiduciary obligation to endowment donors.\u201d The board of governors will reportedly vote on the proposal on February 15th.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reposted from Academia.edu. Originally published February 5, 2016 The University of British Columbia has reportedly proposed a $10 M sustainability fund instead of divesting from fossil fuel companies, despite last year\u2019s majority vote by both UBC students and faculty in favour of fossil fuel divestment. The decision was frustrating, said UBCC350 Co-ordinator and UBC student [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[60,35,58,81,56,33,69,1],"tags":[31,24,82,52,83],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UBC rejects divestment proposal, proposes $10 M sustainability fund - 杏吧原创 Climate Commons Working Group\u200b<\/title>\n<meta name=\"description\" content=\"Reposted from Academia.edu. Originally published February 5, 2016 The University of British Columbia has reportedly proposed a $10 M sustainability fund\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/carleton.ca\/climatecommons\/2016\/ubc-rejects-divestment-proposal-proposes-10-m-sustainability-fund\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"barbaraleckie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/carleton.ca\/climatecommons\/2016\/ubc-rejects-divestment-proposal-proposes-10-m-sustainability-fund\/\",\"url\":\"https:\/\/carleton.ca\/climatecommons\/2016\/ubc-rejects-divestment-proposal-proposes-10-m-sustainability-fund\/\",\"name\":\"UBC rejects divestment proposal, proposes $10 M sustainability fund - 杏吧原创 Climate Commons Working Group\u200b\",\"isPartOf\":{\"@id\":\"https:\/\/carleton.ca\/climatecommons\/#website\"},\"datePublished\":\"2016-02-07T02:14:53+00:00\",\"dateModified\":\"2016-02-07T02:14:53+00:00\",\"author\":{\"@id\":\"https:\/\/carleton.ca\/climatecommons\/#\/schema\/person\/3e80ee785899db99ad9690a015ab1064\"},\"description\":\"Reposted from Academia.edu. 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