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December 12, 2017

Johns Hopkins University (JHU) just announced it is “divesting” from thermal coal, but with so many caveats included in the decision, one must wonder if the school will actually end up doing any divesting at all. The Board of Trustees voted last week to cease buying stocks and bonds of companies that “produce coal for …

December 5, 2017

There was a fury of divestment activity on the NYU campus this past week, but at the end of the day, the school’s policy remains the same.  First, students began occupying the administrative elevator in the Elmer Holmes Bobst Library on Friday to protest the school’s investments in fossil fuels.  But students then called off …

November 28, 2017

Headlines continued last week about Norway’s sovereign wealth and its proposed idea to sell off its oil and natural gas holdings.  As usual, activists like 350.org’s Bill McKibben over-exaggerated the news to prematurely claim it as a victory for the divestment movement, but a closer look behind tells a different story. Norway’s $1 trillion sovereign …

November 9, 2017

Last week, Fossil Free CU, the student divestment group at the University of Colorado at Boulder, announced it was ceasing operations in a Facebook post.  It’s a somewhat ironic development based on the fact that CU Boulder is typically ranked among the nation’s “greenest” campuses each year—but it’s a reflection of where the divestment movement …

November 3, 2017

The state of Ohio has never been a hotbed for campus divestment activity, but a few students at Ohio University are attempting to reverse that trend. Earlier this week, the Ohio University student senate passed a bill that serves as a “call for the creation of a plan for divestment in fossil fuels.” According to …

November 2, 2017

This week, pro-divestment groups at the University of Pennsylvania are gathering for what is called DivestFest, a weeklong effort to promote divestment on campus. Activities include a panel discussion on the merits of fossil fuel divestment and a protest Friday at the Board of Trustees. As 350.org and others utilize the events at Penn to …

October 25, 2017

As the 2017 school year begins to approach Thanksgiving recess, commentary from across the country continues to find divestment is a failing effort on college campuses, cities, and pension funds alike. The reason: divestment is not only costly, it is ineffective at achieving the environmental goals its backers claim to seek. For starters, divestment means …

October 23, 2017

This week, the Action Network is planning several days of demonstrations as a part of their “Divest the Globe” campaign.  The protests will coincide with 92 of the world’s largest banks meeting in Sao Paulo, Brazil to discuss risk management and climate policy. Protests will focus on targeting banks like Wells Fargo and J.P. Morgan …

October 13, 2017

After striking out in Seattle, New York State and Vermont, it appears divestment activists are now hoping for better luck in Massachusetts.  This week, the Boston Business Journal reports a divestment bill is being debated in the state legislature “as a way to speed decline of fossil fuels.” The proposed bill would require the state’s …

October 4, 2017

Yesterday, 40 Catholic institutions announced their intention to divest from fossil fuels.  While environmental activists are hailing this move as a huge win for the divestment movement, there are –as per usual- some important details being overlooked. First and foremost, several of the institutions taking part in this announcement did not have any fossil fuel …