UdeM to divest from fossil fuels
The Université de Montréal is promising to divest from fossil fuels by 2025, although it’s not divesting its sizable retirement fund. Le Devoir’s article says UQÀM, Concordia and Laval are all divesting: UdeM’s decision should give McGill’s divestment proponents a boost.
Dogandbone 15:28 on 2022-06-16 Permalink
there divestment in fossil is intriguing, but as a part of a global system underpinned by the economies of resource extraction seems to me like image management rather than a genuine ethical stance, especially when taking into consideration all of UdeM’s activities
the ethical void of the UdeM is palpable in parc-ex, and it is clear that any promise of an equitable relationship with local communities was a wispy PR strategy, and behind was no meaningful organisation or funding. I still fail to see any ethical redlines that hav ben adhered.
Maybe I am being cynical, but this announcement feels like collateral from a concerted move to target ‘clean’ investment, i.e. from other burgeoning sectors that have more robust intergovernmental support – tech / services. I recommend reading the recently released study by the CBAR on Montreal’s AI ecosystems, and how the divide between UdeM and its communities is more than just an ethical or cultural quagmire. It is another ethical time bomb. It is colonization in action.
https://communityactionresearchparcex.ca/projects/digital-divides-the-impact-of-montreals-ai-ecosystems-on-parc-extension-housing-environment-and-access-to-services-april-2022/