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Should Endowments Divest Their Holdings in Fossil Fuels?

2014-11-24 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Wall Street Journal: College and university endowments have roughly $22 billion, or 5% of their assets, invested in energy and natural resources, according to the National Association of College and University Business Officers. Traditional fossil-fuel investments account for a big chunk of those energy bets, which has sparked a showdown between student activists who say it is morally wrong to support an industry contributing to global climate change, and colleges and universities under pressure to raise funds for...

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