June 24, 2014
FOR IMMEDIATE RELEASE
Earlier today, American University (AU), the George Washington University (GWU), and the George Washington University Hospital (GWUH) signed a joint agreement to bring 52 megawatts of photovoltaic (PV) power from North Carolina to the three institutions, equivalent to the electricity used in 8,200 homes each year. While this represents the largest non-utility solar PV power purchase agreement in the United States in total contracted megawatt hours, students from Fossil Free AU and Fossil Free GW fail to see how their universities reconcile such a large investment in renewable energy with continued investment in fossil fuels.
Fossil Free AU and Fossil Free GW, both fossil fuel divestment campaigns, stand together to congratulate our respective universities on their growing commitment to renewable energy and sustainability initiatives. But today, our campaigns urge our universities to acknowledge that our investment practices contradict this new initiative, and that bolder action on climate change is necessary.