Our view on Oxford University fossil fuel divestment - Juliet Davenport
“I welcome the decision by Oxford University to avoid investment in coal and tar sands, it’s a positive statement. But I’d like to see a commitment to divestment from all fossil fuels. The University is raising significant funds for investment in its future, so now’s the time to take a strong stance.
Oxford knows only too well what the effects of climate change could mean for its own historic city and its buildings.
Seven rivers meet in Oxford and colleges already have plans for the risks of flooding resulting from climate change. And the economic argument for divestment is compelling; with stocks in renewables out-performing traditional investments, it’s a no brainer from an economic and an environmental point of view.”
Juliet Davenport OBE graduated from Merton College, Oxford in 1989, where she studied Physics and her interest in climate change was born. She then took a Masters degree in Economics and Environmental Economics at Birkbeck, University of London, completed in 1994. This meant she could bring the science and the economics together and was the foundation she used to set up the 100% renewable electricity company Good Energy over 15 years ago as a consumer response to climate change. It now has over 150,000 customers and 40MW of renewable generation assets.
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