Fossil fuel divestment makes it to January referendum

Anna Elnour
UBC fossil fuel divestment Photo: Carter Bundage/The Ubyssey

UBCC350, a campus group dedicated to fighting climate change, recently earned fossil fuel divestment a spot on the January referendum after successfully petitioning for 1,000 student signatures. Launched in early November, UBCC350′s Divest UBC campaign asks the university to pull its investments from fossil fuel companies. Currently, $100 million of UBC’s $1.06 billion endowment fund, which helps to fund university operations, is invested in fossil fuel companies.