While the government has decided to provide tax breaks for the oil industry in the 2015 Government Budget, everyone else has been talking about divestment. Ben Lucas looks at the growing movement and new evidence published this week on the relationship between government, universities and fracking companies.
What started out as a grassroots campaigning tactic to lobby big institutions to stop backing non-renewable energy production, has this week gained large-scale mainstream support.
The Guardian’s “keep it in the ground” campaign has now gathered a petition with over 60,000 signatures to ask the world’s largest charitable foundations to divest their endowments from fossil fuels. The UN has also come out in open support for the increasingly global movement.
And this week a report published by TalkFracking, a campaign group supported by Vivienne Westwood, on ‘Frackademia’ seeks to raise awareness about the influence of the fracking industry in university research departments.