Proposal to the San Diego Divisional Representative Assembly to submit the following resolution to a vote of the membership of the San Diego Divisional Academic Senate, at the earliest possible date.
Whereas global warming due to carbon emissions is a profound threat to the suitability of our planet for our descendants and other species, and effective actions against global warming are currently blocked in the United States by massive political contributions of fossil fuel corporations;
Whereas fossil fuel stocks may further fall in value if proven reserves must remain in the ground in order to meet the goals of the Paris Conference;
In view of the pioneering research by UCSD faculty in discovering and documenting the scientific basis of global warming;
Notwithstanding the exemplary leadership of the University of California, its President, Faculty and Staff in committing to a carbon-free and sustainable future;
We, the faculty of the San Diego Divisional Senate respectfully request the Regents to instruct the Chief Investment Officer to divest our investment portfolio of stocks in companies whose primary business concerns the extraction and sale of fossil fuels.