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A Closer Look at Harvards Choice on Fossil Fuels

2013-10-04 22:51:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The student effort to get universities and colleges to sell off their investments in companies hawking fossil fuels continues, as can be seen in the Twitter item and photo above from Bard College. But on Thursday, Harvard University President Drew Gilpin Faust released a long and reasoned explanation of why the school will not remove fossil fuel investments from its portfolio. Her arguments were mostly macroeconomic (why disinvest when society still buys the companies products?) and financial (the...

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