Universities unloading on fossil fuels: the legality of divesting
Universities have become the major battleground of the global fossil fuels divestment movement led by student groups and staff. With their large endowment funds and high public visibility, universities have been targeted to divest and demonstrate their commitment to fighting climate change. The lega...
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Lexxion Verlagsgesellschaft mbH
2016
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ftunivtasecite:oai:ecite.utas.edu.au:110129 2023-05-15T15:51:55+02:00 Universities unloading on fossil fuels: the legality of divesting Richardson, BJ 2016 application/pdf http://cclr.lexxion.eu/ http://ecite.utas.edu.au/110129 en eng Lexxion Verlagsgesellschaft mbH http://ecite.utas.edu.au/110129/1/Richardson article 2016.pdf Richardson, BJ, Universities unloading on fossil fuels: the legality of divesting, Carbon and Climate Law Review, 10, (1) pp. 62-74. ISSN 1864-9904 (2016) [Refereed Article] http://ecite.utas.edu.au/110129 Law and Legal Studies Law Environmental and Natural Resources Law Refereed Article PeerReviewed 2016 ftunivtasecite 2019-12-13T22:10:39Z Universities have become the major battleground of the global fossil fuels divestment movement led by student groups and staff. With their large endowment funds and high public visibility, universities have been targeted to divest and demonstrate their commitment to fighting climate change. The legality of divestment should be an important consideration for many universities, especially because of the financial ramifications of excluding fossil fuel companies from investment portfolios. The asserted rationales for divestment generally do not acknowledge the legal context, instead focusing on ethical, financial and tactical considerations. Divestment is likely to be lawful in a number of contexts, depending on how it is done and the reasons. But even where the law is on their side, divestment proponents have few legal options to challenge the investment decisions of university trustees. Article in Journal/Newspaper Carbon and Climate Law Review eCite UTAS (University of Tasmania) |
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eCite UTAS (University of Tasmania) |
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English |
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Law and Legal Studies Law Environmental and Natural Resources Law |
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Law and Legal Studies Law Environmental and Natural Resources Law Richardson, BJ Universities unloading on fossil fuels: the legality of divesting |
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Law and Legal Studies Law Environmental and Natural Resources Law |
description |
Universities have become the major battleground of the global fossil fuels divestment movement led by student groups and staff. With their large endowment funds and high public visibility, universities have been targeted to divest and demonstrate their commitment to fighting climate change. The legality of divestment should be an important consideration for many universities, especially because of the financial ramifications of excluding fossil fuel companies from investment portfolios. The asserted rationales for divestment generally do not acknowledge the legal context, instead focusing on ethical, financial and tactical considerations. Divestment is likely to be lawful in a number of contexts, depending on how it is done and the reasons. But even where the law is on their side, divestment proponents have few legal options to challenge the investment decisions of university trustees. |
format |
Article in Journal/Newspaper |
author |
Richardson, BJ |
author_facet |
Richardson, BJ |
author_sort |
Richardson, BJ |
title |
Universities unloading on fossil fuels: the legality of divesting |
title_short |
Universities unloading on fossil fuels: the legality of divesting |
title_full |
Universities unloading on fossil fuels: the legality of divesting |
title_fullStr |
Universities unloading on fossil fuels: the legality of divesting |
title_full_unstemmed |
Universities unloading on fossil fuels: the legality of divesting |
title_sort |
universities unloading on fossil fuels: the legality of divesting |
publisher |
Lexxion Verlagsgesellschaft mbH |
publishDate |
2016 |
url |
http://cclr.lexxion.eu/ http://ecite.utas.edu.au/110129 |
genre |
Carbon and Climate Law Review |
genre_facet |
Carbon and Climate Law Review |
op_relation |
http://ecite.utas.edu.au/110129/1/Richardson article 2016.pdf Richardson, BJ, Universities unloading on fossil fuels: the legality of divesting, Carbon and Climate Law Review, 10, (1) pp. 62-74. ISSN 1864-9904 (2016) [Refereed Article] http://ecite.utas.edu.au/110129 |
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1766387288941527040 |