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University of California task force won't support divesting fossil-fuel holding

2014-09-10 22:51:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A University of California panel announced recommendations on Wednesday to combat climate change and make the university more sustainable, but declined to endorse shedding its fossil fuel holdings from its $91 billion invesment portfolio. The university's Task Force on Sustainable Investing suggested sinking more than $1 billion over a five-year period into climate change solutions, and greatly expanding its use of solar energy in an effort to make the university system carbon-neutral by 2025. ...

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