February 19, 2022 - Student climate activists from Yale, Stanford, Princeton, MIT and Vanderbilt file legal complaints to compel divestment

|
February 19, 2022

Student climate activists from Yale, Stanford, Princeton, MIT and Vanderbilt file legal complaints to compel divestment by Susan Svrluga
Appeared in The Washington Post on February 17, 2022

Gina's Thoughts

"For years, they tried to convince universities that investing in fossil fuels was immoral. Now they're telling them it's illegal." It has been just over ten years since the beginning of the divestment movement and the messaging that divestment is the moral solution to climate change. And in those ten years, divestment commitments have increased, demand for oil and gas has increased and emissions have increased. Divestment does nothing to affect the demand for oil and gas. To take a quote from the article, "natural gas and oil power our global economy." Virtually every public company a university endowment fund invests in is reliant on oil and gas to exist, operate and succeed. Trying to make it illegal to invest in oil and gas is wrong and will only hurt the free societies in which universities flourish.

twitterfacebook