Laval divesting from fossil fuels


in Canada, Economics, Politics, The environment

Yesterday, Quebec’s Université Laval announced that it will become Canada’s first university to fully divest from fossil fuels:

“Today, Université Laval commits to taking responsible action to switch its endowment fund investments in fossil energy to other types of investments, such as renewable energy,” announced Éric Bauce, Executive Vice Rector in charge of sustainable development, while confirming that Université Laval is the first university in Canada to do so. To do this, Université Laval will form a responsible investment advisory committee, including student representatives, who will be tasked with recommending methods, practices, and actions. Furthermore, an annual progress report on the investment transition will be released.”

The story was covered by Le Devoir, Ricochet, and le Soleil.

The student group which successfully campaigned for divestment — ULaval sans fossiles — has been organizing since November.

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{ 2 comments… read them below or add one }

Oleh February 19, 2017 at 3:29 am

Thank you for letting us know of this development. It is unfortunate that this decision was not picked up outside of the French language media.

alena February 21, 2017 at 12:30 am

Good for Laval! Could someone write an article about it?

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