{"id":17600,"date":"2017-12-14T05:10:49","date_gmt":"2017-12-13T18:40:49","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=17600"},"modified":"2017-12-14T11:09:00","modified_gmt":"2017-12-14T00:39:00","slug":"coal-divestment-jhu-mb0364","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/","title":{"rendered":"Johns Hopkins University To Divest From Thermal Coal"},"content":{"rendered":"
\"coal

Image: benscherjon<\/a><\/p><\/div>\n

One of the USA’s leading research universities, Johns Hopkins, has hopped on the coal divestment bandwagon after ongoing pressure from a student group.<\/p>\n

The institution’s board voted last week to direct the University to stop buying the stocks and bonds of companies that produce coal for electricity generation as a major part of their business, and to sell off any current investments it directly owns those companies.<\/p>\n

It’s only the third time in the University’s history, which dates back to 1876, that the trustees have forbidden a particular type of investment based on broad social concerns. The other two occasions occurred in the 1980’s in relation to companies operating in South Africa during its apartheid era and in 1991 in connection with tobacco related investments.<\/p>\n

\u00a0“In taking this rare step, the trustees determined that thermal coal poses a unique threat to public health and to the environment,” said<\/a> Ronald J. Daniels, president of the university.<\/p><\/blockquote>\n

An estimate puts the annual premature human death toll from burning coal<\/a> at 800,000 – just through air pollution.<\/p>\n

The university says the divestment decision aligns with efforts it has undertaken since announcing a commitment in 2010 to cut carbon emissions by 2025 to less than half of projected levels. Part of that effort saw solar panels<\/a> installed on the rooftops of seven buildings at its Homewood and East Baltimore campuses<\/a> in 2012, which generate close to 1 million kilowatt-hours of clean electricity each year.<\/p>\n

Student organization Refuel our Future<\/a> played a significant role in the divestment direction.<\/p>\n

While pleased with the decision, the group says it doesn’t go far enough – it had proposed Johns Hopkins divest from all Carbon Underground 200<\/a> companies; a list of the top 100 coal and the top 100 oil and gas publicly-traded reserve holders globally.<\/p>\n

“In fact this divestment strategy is minimum at best,” says<\/a> Refuel our Future. “Continued investment in fossil fuel industries is a contradiction of everything that our community believes in and everything that our institution stands for.”<\/p><\/blockquote>\n

The fossil fuel divestment movement, which originated with universities, has been picking up steam. A report<\/a> published in August stated 113 universities worldwide have made pledges related to fossil fuel divestment representing \u00a380 billion (around AUD $140.7 billion) in investment value.<\/p>\n

Here in Australia, Queensland University of Technology committed to divesting its fossil fuel shares last year, the first university in the state to do so. Monash University, Australian National University and Swinburne have also directed fund managers to divest from fossil fuel exposed companies to varying degrees.<\/p>\n

Beyond universities, divestment from coal and other fossil fuel companies has grown in popularity with other institutions and individual investors around the world, hitting USD $5.58 trillion<\/a> value according to GoFossilFree.<\/p>\n","protected":false},"excerpt":{"rendered":"

One of the USA’s leading research universities, Johns Hopkins, has hopped on the coal divestment bandwagon after ongoing pressure from a student group.<\/p>\n","protected":false},"author":17,"featured_media":17602,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-17600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nJohns Hopkins University To Divest From Thermal Coal - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"One of the USA's leading research universities, Johns Hopkins, has hopped on the coal divestment bandwagon after ongoing pressure from a student group.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Johns Hopkins University To Divest From Thermal Coal\" \/>\n<meta property=\"og:description\" content=\"One of the USA's leading research universities, Johns Hopkins, has hopped on the coal divestment bandwagon after ongoing pressure from a student group.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-13T18:40:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-14T00:39:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/coal-divestment.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"466\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Johns Hopkins University To Divest From Thermal Coal\",\"datePublished\":\"2017-12-13T18:40:49+00:00\",\"dateModified\":\"2017-12-14T00:39:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/\"},\"wordCount\":460,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/coal-divestment.jpg\",\"articleSection\":[\"General Solar & Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/coal-divestment-jhu-mb0364\/\",\"name\":\"Johns Hopkins University To Divest From Thermal Coal - 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This week news came through of the world\u2019s largest coal miner \u2014 Coal India Limited \u2014 pumping a cool $1.2 billion into the development of 1,000MW solar plants in the country. 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Meanwhile a less publicised news article revealed the dirty truth behind the future, or otherwise, of fossil fuel exports to one of our\u2026","rel":"","context":"In "Economics Of Solar"","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"pile of coal","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/11\/coal-price.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/11\/coal-price.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/11\/coal-price.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":58431,"url":"https:\/\/www.solarquotes.com.au\/blog\/health-protest-agl-mb2336\/","url_meta":{"origin":17600,"position":4},"title":"Health Care Workers Stage Coal Power Protest At AGL HQ","author":"Michael Bloch","date":"February 1, 2022","format":false,"excerpt":"Doctors, nurses and other health care workers gathered at AGL's Melbourne headquarters yesterday, calling on the company to totally ditch coal power and replace it with renewables by 2030. The health care sector across Australia has a fair bit going on at the moment, but many workers haven't lost sight\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Coal power protest - AGL Melbourne","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/agl-protest-health.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/agl-protest-health.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/agl-protest-health.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/agl-protest-health.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/02\/agl-protest-health.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":49311,"url":"https:\/\/www.solarquotes.com.au\/blog\/fossil-fuel-levy-mb1953\/","url_meta":{"origin":17600,"position":5},"title":"TAI: Fossil Fuel Exporters Should Cough Up For Climate Damage","author":"Michael Bloch","date":"April 13, 2021","format":false,"excerpt":"The Australia Institute (TAI) is calling on the NSW Government to support a levy on fossil fuel exports to help cover the costs of climate change impacts in the state. The Institute first proposed a National Climate Disaster Fund (NCDF) back in 2019, funded by a $1 per tonne of\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Fossil fuel level for climate damage","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/fossil-fuel-levy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/fossil-fuel-levy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/fossil-fuel-levy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/fossil-fuel-levy.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/04\/fossil-fuel-levy.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/17600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=17600"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/17600\/revisions"}],"predecessor-version":[{"id":17616,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/17600\/revisions\/17616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/17602"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=17600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=17600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=17600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}