Logistics for Upcoming Debate on Divestment Each of you delivers an - - PowerPoint PPT Presentation

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Logistics for Upcoming Debate on Divestment Each of you delivers an - - PowerPoint PPT Presentation

Mar 11, 2023 291 likes •1.17k views

Logistics for Upcoming Debate on Divestment Each of you delivers an opening statement, wed ask that they not exceed 10 minutes apiece As far as the framing of the debate goes, Id ideally like you two to focus on

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“Logistics for Upcoming Debate on Divestment…”

“Each of you delivers an opening statement, we’d ask that they not exceed 10 minutes apiece……” … “As far as the framing of the debate goes, I’d ideally like you two to focus on the economic cases for and against divestment.”

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“Logistics for Upcoming Debate on Divestment…”

“Each of you delivers an opening statement, we’d ask that they not exceed 10 minutes apiece……” … “As far as the framing of the debate goes, I’d ideally like you two to focus on the economic cases for and against divestment.”

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“Logistics for Upcoming Debate on Divestment…”

“Each of you delivers an opening statement, we’d ask that they not exceed 10 minutes apiece……” … “As far as the framing of the debate goes, I’d ideally like you two to focus on the economic cases for and against divestment.”

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^

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^

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So,

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So,

QUESTION:

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So,

QUESTION: Do Fossil Fuel Divestments Work Economically for Universities?

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So,

QUESTION: Do Fossil Fuel Divestments Work Economically for Universities? Answer:

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So,

QUESTION: Do Fossil Fuel Divestments Work Economically for Universities? Answer: “Yes”

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So,

QUESTION: Do Fossil Fuel Divestments Work Economically for Universities? Answer: “Yes” Follow-up-Question: “How?”

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So,

QUESTION: Do Fossil Fuel Divestments Work Economically for Universities? Answer: “Yes” Follow-up-Question: “Why?”

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Reason 1:

Divestments “work” because they allow universities to avoid the vulnerability and exposure involved in the recurrent episodes

  • f catabolic collapse.

In short, divestments “work” financially to help universities avoid the repeated problem of holding “stranded assets inherent in “bubble” economies.

Why do divestments work? (at least three reasons)

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Reason 1:

Divestments “work” because they allow universities to avoid the vulnerability and exposure involved in the recurrent episodes

  • f catabolic collapse.

In short, divestments “work” financially to help universities avoid the repeated problem of holding “stranded assets inherent in “bubble” economies.

Why do divestments work? (at least three reasons)

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Reason 1:

Divestments “work” because they allow universities to avoid the vulnerability and exposure involved in the recurrent episodes

  • f catabolic collapse.

In short, divestments “work” financially to help universities avoid the repeated problem of holding “stranded assets inherent in “bubble” economies.

Why do divestments work? (at least three reasons)

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Reason 1:

Divestments “work” because they allow universities to avoid the vulnerability and exposure involved in the recurrent episodes

  • f catabolic collapse.

Briefly put, divestments “work” financially to help universities avoid the repeated problem of holding “stranded assets” inherent in “bubble” economies.

Why do divestments work? (at least three reasons)

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The “Bubble Economy” is the central characteristic of market economies ever since the creation of the world’s first “Joint Stock Company” in Holland on March 20, 1602

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In Holland, the Dutch “invented” the world’s first “Joint Stock Company” – the Dutch East India Company.

Merchants bought “shares” in the company and expected an annual profit.

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See excerpt from https://environmentaljusticetv .wordpress.com/2017/11/19/ bbc-empire-episode-4- making-a-fortune-jeremy- paxman/

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Shortly after the creation of the first joint-stock company…

In 1636 – the year Harvard was founded -- the “Tulip Bubble” became an early, famous and emblematic case of how market economies drive toward excessive expansion and subsequent inevitable collapse.

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The “Tulip Bubble” was an early example of what Alan Greenspan famously called “irrational exuberance”

The Tulip Bubble

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Now, consider contemporary global investments in the “Carbon Bubble”

http://Divest-Invest.Net

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What is the “carbon bubble?”

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What is the “carbon bubble?”

https://environmentaljusticetv.wordpress.com/2014/07/10/lisa-goldberg-on-the- carbon-bubble/

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https://www.youtube.com/watch?v=4gFtz0Y8zxY&list=PLr2L6TB8fh8HKnOvgb- _q9_wn2lCPFBm0

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Sustainability vs. Overshoot & Collapse

https://environmentaljusticetv.wordpress.com/2017/04/10/the-transition-studies- research-platform/

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Market economies are driven toward continuous growth, Invest? or Divest?

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Market economies are driven toward continuous growth, BUT…. Invest? or Divest?

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Market economies are driven toward continuous growth, BUT…. stable ecosystems select for stability and sustainability, not growth. Invest? or Divest?

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Market economies are driven toward continuous growth, BUT…. stable ecosystems select for stability and sustainability, not growth. “Sustainable growth” is a contradiction in terms. Invest? or Divest?

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Market economies are driven toward continuous growth, BUT…. stable ecosystems select for stability and sustainability, not growth. “Sustainable growth” is a contradiction in terms. Invest? or Divest?

[Can’t happen; won’t happen on a finite planet.]

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Sacred Cow? Or Golden Calf?

Humans select for “net immediate return,” but nature selects for total gross return on the investment of solar throughput energy.

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Sacred Cow? Or Golden Calf?

Humans select for “net immediate return,” but nature selects for total gross return on the investment of solar throughput energy. Nature “bats last.”

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Sacred Cow? Or Golden Calf?

The “false religions” involved in worshiping immediate returns are as old as human writing systems….

Humans select for “net immediate return,” but nature selects for total gross return on the investment of solar throughput energy. Nature “bats last.”

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The desperate quest for short-term profit from fossil fuels has blinded us to the impacts of these extractive industries and their demonstrable long-term, system-wide costs -- treated by corporations as “externalities” to be ignored.

https://enviro nmentaljustic etv.wordpress .com/2014/10 /29/a-crude- awakening- the-oilcrash- 2/

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It is not attention to the data but the slavish devotion to growth über alles that has made “belief in fossil fuels” into a form of religion.

https://environmentaljusticetv.wordpress.com/2019/05/13/arundhati- roy-capitalism-is-a-form-of-religion-stopping-solutions-to-climate-cha- nge-inequality/

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The consequences of ignoring the “externalities” in an ecosystem can lead to catabolic collapse as we are now beginning to witness in the daily news…

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Reason 2:

Divestments “work” because they allow universities to make advantageous investments in more profitable sectors. Universities should NOT divest just to put money “in a mattress” somewhere… They seek to place the assets from divested concerns into other investments. So, divest-invest is the most profitable way to go.

Why do divestments work? (at least three reasons)

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Reason 2:

Divestments “work” because they allow universities to make other advantageous investments in more profitable sectors. Universities should NOT divest just to put money “in a mattress” somewhere… They seek to place the assets from divested concerns into other investments. So, divest-invest is the most profitable way to go.

Why do divestments work? (at least three reasons)

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Reason 2:

Divestments “work” because they allow universities to make other advantageous investments in more profitable sectors. Universities should NOT divest just to put money “in a mattress” somewhere… They seek to place the assets from divested concerns into other investments. So, divest-invest is the most profitable way to go.

Why do divestments work? (at least three reasons)

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Reason 2:

Divestments “work” because they allow universities to make other advantageous investments in more profitable sectors. Universities should NOT divest just to put money “in a mattress” somewhere… They should be seeking to place the assets from divested concerns into other investments. So, divest-invest is the most profitable way to go.

Why do divestments work? (at least three reasons)

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Reason 2:

Divestments “work” because they allow universities to make other advantageous investments in more profitable sectors. Universities should NOT divest just to put money “in a mattress” somewhere… They should be seeking to place the assets from divested concerns into other investments. So, divest-invest is the most profitable way to go.

Why do divestments work? (at least three reasons)

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Reason 2:

Divestments “work” because they allow universities to make other advantageous investments in more profitable sectors. Universities should NOT divest just to put money “in a mattress” somewhere… They should be seeking to place the assets from divested concerns into other investments. So, divest-invest is the most profitable way to go.

Why do divestments work? (at least three reasons)

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… divest-invest is the most profitable way to proceed.

By now this is well understood and widely respected as a principle in the financial world.

https://envi ronmentalj usticetv.wo rdpress.co m/2014/04 /25/putting

  • the-freeze-
  • n-global-

warming- moyers- company/

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… divest-invest is the most profitable way to proceed.

Brown University’s performance makes this clear:

Simply maintaining status quo investments in fossil fuels should not be used as a cloak to conceal lazy, out-dated or just plain incompetent endowment management practices in university portfolios.

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Reason 3:

Divestments “work” because they can potentially enhance the value of the most important “investment” that you (and your parents or benefactors) ever make in higher education – your own education! The educational value of Yale investments represents its most significant “return on the university’s investments.”

Why do divestments work? (at least three reasons)

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Reason 3: Divestments “work” because they can potentially enhance the value of the most important “investment” that you (or your parents or benefactors) ever make in the university –> your

  • wn education.

The educational value of Yale investments represents its most significant “return on the university’s investments.”

Why do divestments work? (at least three reasons)

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Reason 3: Divestments “work” because they can potentially enhance the value of the most important “investment” that you (or your parents or benefactors) ever make in the university –> your

  • wn education.

The educational value of Yale investments represents the most significant “financial return

  • n the university’s investments.”

Why do divestments work? (at least three reasons)

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You may not see this as an “immediate return on investment” -- but check back in 50 years… (if we live that long…)

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If this hasn’t occurred to you yet, maybe that has to do with the massive invasion of the universities by special interest groups whose goal is not to convince you but confuse you.

https://en vironment aljusticetv. wordpress. com/2015 /09/19/th e-long- tale-of- exxon-and- climate- change- insideclim ate-news/ https://environ mentaljusticetv .wordpress.co m/2015/11/01 /big-oil-goes- to-college- center-for- american- progress/

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The “takeover” is not limited to colleges and

  • universities. It is much more effective to sew

doubt among younger students….

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…and the results have been as impressive as they have been predictable.

https://ww w.youtube.c

  • m/watch?v

=UUmwy0V TnqM&t=8m 22s

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Will you or your children be able to transcend the institutions that they inherit and benefit from?

Solar geo- egineering? What will they think? Will they be able to survive it? What do you think?

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…if not, there will be no future for them… because the institutions that have generated the benefits we now enjoy have committed them to a future dependence on fossil fuels that we cannot survive as a species.

https://environ mentaljusticetv. wordpress.com/ 2018/04/30/the

  • legacy-of-the-

yale-class-of- 1968-and-the- future-of-the- human- prospect/

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If you don’t become the architect of your own education now this could be the result of your time at Yale….

Further….

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If you don’t become the architect of your own education now this could be the result of your time at Yale….

Further….

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If you don’t become the architect of your own education now this could be the result of your time at Yale…. …and your Yale education will have turned out to be a tragically wasted investment.

Further….

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If you don’t become the architect of your own education now this could be the result of your time at Yale…. …and your Yale education will have turned out to be a tragically wasted investment. But you still have time to learn about corporations and ecosystems.

Further….

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* * *

We all need to learn that it is a fatal mistake to run the world’s ecosystem as if it were a corporation aimed at maximizing human “investments” ….

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We all need to learn that it is a fatal mistake to run the world’s ecosystem as if it were a corporation aimed at maximizing human “investments” …. This is because there are no “externalities” in Earth’s ecosystem…

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We all need to learn that it is a fatal mistake to run the world’s ecosystem as if it were a corporation aimed at maximizing human “investments” …. This is because there are no “externalities” in Earth’s ecosystem… The “Moonlight” makes this apparent.

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There is no “Planet B.”

* * *

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There is no “Planet B.” We only have one Earth.

* *

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There is no “Planet B.” We only have one Earth. We only get one chance.

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There is no “Planet B.” We only have one Earth. We only get one chance.

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There is no “Planet B.” We only have one Earth. We only get one chance.

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There is no “Planet B.” We only have one Earth. We only get one chance.

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There is no “Planet B.” We only have one Earth. We only get one chance.

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Follow these issues on Facebook

  • r at Transition-Studies.Net
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Follow these issues on Facebook

  • r at Transition-Studies.Net
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For information on transition studies take a “screen shot” of this QR code and link directly to support material.

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^

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^

[Yes…]

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^

[In fact, they are the only things that will “work”]