On my more cynical days, I think that “sustainability” has
largely become a meaningless buzzword, a marketing ploy to attract customers in
the case of a corporation or potential students in the case of a university.
This is because many companies, schools and individuals who espouse
environmentally conscious beliefs while at the same time profiting from fossil
fuel extraction due to investments. I do acknowledge that sometimes this is out
of the individual’s control in some cases. However, at the end of the day it
seems pretty dishonest for a school to claim the mantle of sustainability while
they give money to and receive dividends from extractive fossil fuels industries.
Therefore, I call upon CSB-SJU to divest itself from fossil fuel interests to
become a more genuine partner in the global fight to stop the burning of fossil
fuels as our primary form of energy. This will assuredly not happen unless
students force the issue, the administrations will not change on their own.
In many ways, divestment (or reinvestment) is back end
solution to ACC. I think a more front-end course of action would involve ensuring
that companies profiting from the burning of carbon receive no public funded
subsidies. This will decrease profitability (in an environment where prices are
already decreasing) and therefore these companies will not be so attractive to
investors because they will be competing on their own merits. I would propose
taking at least some of that public subsidy and pushing it into subsidies for
non-carbon-based forms of energy such as solar and wind.