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Yale committee fails to back fossil fuel divestment

2014-08-29 08:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: The Yale Corporations Committee on Investor Responsibility (CCIR) has not recommended that the Ivy League school divests from fossil fuels, despite pressure from students. Instead shareholder proxy voting guidelines on climate change will be adopted. A survey conducted last year found that 83% of students at Yale University would like the school to free its endowment from fossil fuel investment, with over half of the undergraduate population taking part. After the referendum was set up an...

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