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United Kingdom: 'Greatest university' curbs fossil fuel investment in endowment

2015-05-19 18:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Oxford University said it would curb some of the most polluting fossil fuel-related investments in its 1.7 billion-pound ($3.3 billion) endowment, making it the most prominent institution to join the growing campaign for divestment from the industry. The university's governing board said it will avoid direct investments in coal and oil sands companies, of which it currently has none, and that it will also steer clear of sectors with high social and environmental risks, according to a statement released...

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