"University stops short of fully divesting its $36bn endowment from coal, oil and gas but green groups welcome the breakthrough after a five-year campaign"
"Harvard University is 'pausing' investments in some fossil fuel interests following a five-year campaign by some students and environment groups to pressure the university to divest itself from coal, oil and gas.
The elite university has come under fire for investing its $36 billion endowment in a portfolio that contains fossil fuel companies and has until now resisted a concerted divestment campaign that has also targeted other US universities.
However, Colin Butterfield, head of natural resources at the Harvard Management Company, said that climate change is a 'huge problem' and that 'for now, we are pausing minerals and oil and gas.'"
Oliver Milman reports for the Guardian April 27, 2017.
"Harvard 'Pausing' Investments In Some Fossil Fuels"
Source: Guardian, 04/28/2017
Advertisement 
