WHEREAS, the Associated Students of UC Irvine (ASUCI) represents the undergraduate student body at UC Irvine;

WHEREAS, the University of California Policy on Sustainable Practices states that it “is
committed to responsible stewardship of resources and to demonstrating leadership in
sustainable business practices. The University’s locations should be living laboratories for
sustainability, contributing to the research and educational mission of the University, consistent
with available funding and safe operational practices” (page 5);

WHEREAS, the policy also states that the University “will reduce consumption of nonrenewable
energy by using a portfolio approach that includes a combination of energy efficiency projects,
the incorporation of local renewable power measures for existing and new facilities, green power
purchases from the electrical grid, and other energy measures with equivalent demonstrable
effect on the environment and reduction in fossil fuel usage” (page 7);

WHEREAS, the University of California has set the goal to have achieved carbon neutrality by
2025 (page 14);

WHEREAS, the University of California has committed to researching “possible funding sources
and financing alternatives for energy efficiency, renewable energy, and clean energy projects that
will enable locations to most economically address their energy needs consistent with Policy
goals” (page 15);

WHEREAS, the University of California, as of September 9, 2015, had announced that it had
divested $198 millions of the University’s nearly $100 billion portfolio from coal mining and oil
companies focused on tar sands extraction;

WHEREAS, according to the UCRP holdings report, the University of California, as of June 30,
2016, directly invests into Energy Transfers Partners (ETP), and indirectly invests into ETP by
investing funds into banks that directly invest into ETP, such as Sunoco Logistics, Citibank,
Intesa SanPaolo, Suntrust, and Wells Fargo and banks that offer credit lines to ETP such as ABN
Amro Bank, Bank of America, Barclays, Compass Bank, Goldman Sachs, JP Morgan Chase,
UBS, Morgan Stanley, and Royal Bank of Scotland;

WHEREAS, continuing to invest in Energy Transfer Partners (ETP), a natural gas and propane
company, as well as banks that directly or through credit line invest into ETP, contradicts
statements made in the University of California- Policy Sustainable Practices;

WHEREAS, investments in ETP have contributed to public safety issues created by attempted
efforts in constructing the Dakota Access Pipeline including but not limited to:

• The hiring of militarized private forces by ETP who have used pepper spray, water
  cannons in sub-zero temperatures, rubber bullets, and LRAD sound devices against
  non-violent Sioux Nation tribal members on their own, legally recognized land on the
  Standing Rock reservation in North Dakota as well as against members from different
  tribal nations throughout the United States;

• Creating the inevitable result of oils spills that will contaminate the Missouri River, a
  source of fresh, clean water for both marginalized First Nations and marginalized,
  non-First Nations communities;

WHEREAS, the University of California, as of November 28, 2016, was aware of the first public
safety referenced above as evidenced by the travel alert posted on the University of California,
Office of the President Worldcue Trip Planner website;

WHEREAS, ETP has also been granted a permit to construct two other pipelines in, the
Trans-Pecos Pipeline and Comanche Trail Pipeline, from Texas (the state where ETP
headquarters are located ) into Mexico;

WHEREAS, continuing to invest in corporations related to or partnered with oil interests,
whether it be in regarding extraction and/or transportation of oil contributes to the following:

• The ongoing neo-colonialism, genocide, land dispossession, and displacement of First
  Nations peoples of North America as well as the continuous failures of the United States
  government to remain accountable to treaties made with First Nations’ tribal
  Governments;

• Wars abroad for oil through the ongoing militarization of Southwest Asian and North African nations (SWANA), formerly known as the “Middle East”, by the United States of
  America and the terrorization, forced displacement, and/or deaths of SWANA peoples

• The hypermilitarization of the US-Mexico border that cuts through the lands of
  Indigenous communities where there’s approval of the crossing of oil and companies yet disapproval and policing of Indigenous, immigrant, migrant, undocumented, and/or
  refugee communities from crossing;

• Increases in toxins and pollutants that disproportionately harm Indigenous peoples, the
  homeless, working class, and Brown, Black, and/or people of color, exposing such
  populations to environmental hazards that increases the likelihood of poor health
  conditions and facilitate premature death;

WHEREAS, any complacency in investing in ETP will further disseminate the University’s role
in “disproportionately harming marginalized communities, including [First Nations peoples], the
homeless, working class neighborhoods, and people of color”, locally, regionally, nationally, and
internationally through militarization of land and marginalized communities;

WHEREAS, the University continues to greatly invest in the military system (through
contributing to the Dakota Access Pipeline by investing into ETP, an oil company and partnered
banks) and at the same time fails to properly invest in the education system and student needs
regarding access and retention as the UC Regents have approved a proposal for tuition that
increases total mandatory systemwide charges for undergraduate and graduate students of $336
to $12,630 and increases Nonresident Supplemental Tuition to $1,332 in addition to the
mandatory systemwide charges for undergraduate students;

WHEREAS, “In 2014 the UC Regents voted to give the lowest paid Chancellors pay raises up to 20%, saying that it was an “injustice” they weren’t paid more. This was just a year or so after the UC tried to unilaterally cut the pay of its service workers in AFSCME 3299, the vast majority of whom qualify for public assistance”;

WHEREAS, increases in tuition and student fees disproportionately affects First Nations
peoples, the homeless, working class communities, and/or Brown, Black, and/or people of color
from accessing the University;

WHEREAS, increases in tuition and student fees disproportionately affects First Nations
peoples, the homeless, working class communities, and/or Brown, Black, and/or people of color
from being retained in the University;

WHEREAS, investing in ETP and other companies --- thereby contributing to the increased
militarization and/or exploitation of land, water, air and marginalized communities --- instead of
funding the University --- thereby making the University increasingly inaccessible for marginalized communities --- is a misuse and mismanagement of University funds;

WHEREAS, investing in ETP and partnered companies while increasing student tuition and
student fees while also having increased administrators’ six figure salaries, is a misuse and
mismanagement of University funds that exploits marginalized students and communities;
WHEREAS, investing in ETP and not the University and it students continues the privatization
of land and education,

THEREFORE, BE IT RESOLVED, that ASUCI urges the University to remove all financial
investments it provides to Energy Transfer Partners as well as the following banks that invest in
Energy Transfer Partners:

• Citibank

• Intesa SanPaolo

• Suntrust

• ABN Amro Bank

• Bank of America

• Barclays Compass Bank

• Goldman Sachs

• JP Morgan Chase

• UBS

• Morgan Stanley

• Royal Bank of Scotland

BE IT FURTHER RESOLVED, that ASUCI urges the University to remain accountable to its
announcement made on September 9, 2015 that it will absolutely divest current investments in
coal mining and oil companies as well as companies that invest in coal mining and oil
Companies;

BE IT FURTHER RESOLVED, that ASUCI  urges that, under no circumstances, will the UC
invest in coal mining or oil companies or companies and banks that invest in such, neither in the
present moment nor the future, and that this be established as University policy and be fully
Enforced;

BE IT FURTHER RESOLVED, that ASUCI  urges that the funds divested from the companies
and banks listed above will strictly be used to roll back student tuition and student fees and to
create, strengthen, and maintain pathways for marginalized students’ and communities’ access
and retention in institutions of higher education and that this be established as University policy
and be fully enforced;

BE IT FURTHER RESOLVED, that ASUCI  urges that students have absolute access to UC
documents that state the exact amount of investments in all companies the UC invests in and that this be established as UC-wide policy and fully enforced;

BE IT FINALLY RESOLVED, that ASUCI  urges that, under no circumstances, neither in the
present moment nor in the future, will there be any increases in the salaries of any UC President,
UC Regents, UC Chancellors, or any other branch or level of University administration, so long
as there are any system-wide and/or individual campus proposals of increasing student tuition or
student fees and that this be established as University policy and be fully enforced;