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MONDAY
april 6, 2015 high 57°, low 39°
t h e i n de p e n de n t s t u de n t n e w s pa p e r of s y r a c u s e , n e w yor k |
N • The wheels on the bike O • Net value Will Fancher, a senior at SU, is planning to bike 3,869 miles from Virginia to Oregon after he graduates in May. Page 3
Business columnist Brian Cheung breaks down exactly how basketball teams make money from the NCAA Tournament. Page 5
Divestment is the opposite of investment. It means to prohibit investment, or take money out of a certain type of stocks or investments. In this case, it means prohibiting the direct investment of any part of SU’s endowment in companies that mainly work with fossil fuels.
HOW DID WE GET HERE?
S • Start the Buss
P • The MySlice club
Former SU guard Ron “Buss” Patterson announced his landing spot yesterday, choosing to transfer to IUPUI for next year. Page 16
Fall registration officially begins Monday, and Pulp’s MySlice guide has the right classes for the brain, athlete and princess in you. Page 9
divestment breakdown WHAT IS DIVESTMENT?
dailyorange.com
Here’s a look at what it means for SU to prohibit fossil fuel investments
WHY DOES IT MATTER THAT SU IS DIVESTING? With an endowment of $1.2 billion, Syracuse University is among the largest institutions to formally announce its plans to divest from fossil fuels.
We have to be more involved. We have to take initiative for the sake of not only our future, but our children’s future.
Ending the fossil fuel era is essential if we are going to have a viable environment. We have to switch our energy so people can thrive.
It’s important for a large university — such as SU — to show that it has an obligation to the welfare of its students and the environment.
Bill McKibben founder of 350.org
Jack Manno environmental studies professor at suny-esf
Bob Wilson associate professor of geography
OTHER UNIVERSITIES TO DIVEST AND THEIR ENDOWMENTS, COMPARED TO SU’S SYRACUSE UNIVERSITY
GREEN MOUNTAIN COLLEGE, VT.
$1.2 BILLION
$960,000
UNIVERSITY OF DANTON
STANFORD UNIVERSITY
$670 MILLION
$21.4 BILLION
February 2015
Following the sit-in, members of Divest SU met with members of the SU administration to discuss divestment.
CITIES THAT HAVE DIVESTED EUGENE, OREGON ANN ARBOR, MICHIGAN ITHACA, NEW YORK BOULDER, COLORADO SANTA FE, NEW MEXICO CAMBRIDGE, MASSACHUSETTS source:fossilfuelfree.org
It starts with believing it in your heart, that you can be change, and then pursuing it with consistent action and consciousness. It can happen and will happen. Elizabeth Kahn director of students of sustainability
(Divest SU) has been involved for a long time and we’ve worked really hard and we’ve tried different tactics to give the university a reason to divest. Emma Edwards founding member of divest su
Permission for parties at Castle remains unclear By Sara Swann asst. news editor
It’s unclear whether parties are being allowed again at Castle Court following a gathering of students in
The Knocks, Skizzy Mars to perform in Walnut Park April 24 asst. news editor
November 2014
The interests of Divest SU were included in the list of demands created by THE General Body, a coalition of student groups that staged an 18-day sit-in in Crouse-Hinds Hall in November.
UU reveals MayFest lineup By Lydia Wilson
October 2012
Environmentalist Bill McKibben spoke during the University Lectures series on the topic of climate change and the need for divestment. Following McKibben’s talk, Divest SU was formed to advocate for the university to divest.
university union
the parking lot last Thursday. The party lasted for a few hours before the rainy weather gradually drove students away. A Syracuse Police Department car was present at the event for some time, but
eventually left. In addition, several Department of Public Safety cars drove past the party on Thursday evening without stopping. Hannah Warren, public information and internal communi-
cations officer for DPS, said she was not aware of parties being allowed again at Castle Court. She added that DPS was conducting regular patrols to ensure that see castle
court page 8
The Knocks, Skizzy Mars and VÉRITÉ will headline University Union’s annual MayFest concert in Walnut Park if you go on April 24. MayFest 2015 The Knocks Where: Walnut are an elecPark tronic music When: April 24, doors open at 1 duo based out of p.m. New York City. How much: Alternative Free with valid rapper Skizzy SU or SUNYESF ID. $22.50 Mars is returnfor graduate ing to Syracuse students and University after guests, tickets available at the his first perforSchine Student mance in UU’s Center Box 2012 BanderOffice snatch Music Series. Alternative pop artist VÉRITÉ was named a Brooklyn band to watch and compared to Lana Del Ray by Harper’s Bazaar in September. Electronic DJ and producer AYO Alex will also perform at the concert. Underg raduate students with valid student IDs at SU and SUNY-ESF can enter for free, while graduate students and guests can purchase tickets for $22.50 in the Schine Student Center Box Office. MayFest starts at 1 p.m. and leads into Block Party, which will be held in the Carrier Dome with doors opening at 6:30 p.m. This year’s Block Party will feature rapper 50 Cent as the headliner with G-Unit, Norwegian electronic dance music artist Kygo and hip-hop duo Rae Sremmurd as supporting acts. lawilson@syr.edu