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University of Washington to Divest from Coal Companies

2015-05-15 15:25:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The University of Washington will remove direct investments in thermal coal from its $2.8bn (1.8bn) endowment, following a vote by the board of regents, its governing body. In a statement on Thursday, the boards chair Bill Ayer said: The regents take very seriously their responsibility for managing the universitys investment portfolio. It has made divestment decisions only a few times on matters it felt represented important values. That we decided to divest from coal companies today reflects...

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