Syracuse University Divests

*This was originally published in The Ithacan on April 4th, 2015.

On the last day of March, Syracuse University announced it will be divesting — or withdrawing its endowment fund investments — from coal and other fossil fuel companies. The Orange Nation is joining a growing list of colleges and universities who are taking this step, in addition to municipalities, religious institutions, foundations and more.

The movement to divest has primarily been led by college students and broadcasted by environmental activist organization 350.org. With hundreds of active student organizations across the country, sit-ins, marches and banner drops are becoming more and more common.

The City of Ithaca is on the list of municipalities who have divested, and the Park Foundation — an invaluable financial source for the Park School of Communications and Ithaca College as a whole — is among the list of divested foundations. The college, however, is nowhere to be found on 350’s “Divestment Commitments” list.

The college’s student organization aimed at pressuring administration to take this step, Divest IC, has faltered and become inactive. Without it, President Tom Rochon and the Board of Trustees are off the hook.