Stanford Professors Urge Withdrawal from Fossil Fuel Investments


Fossil Free Stanford

 

Prominent Stanford faculty call on the university’s endowment fund to pull out of all fossil fuel investments, not just coal.  Last May Stanford, which controls a $21.4bn endowment, eliminated direct investments in coal mining companies, making it the most prominent university to cut its ties to industries that cause climate change.  In this article in the Guardian, Stanford professors urge withdrawal from fossil fuel investments and explain Stanford’s paradox:  “If a university seeks to educate extraordinary youth so they may achieve the brightest possible future, what does it mean for that university simultaneously to invest in the destruction of that future? Given that the university has signalled its awareness of the dangers posed by fossil fuels, what are the implications of Stanford’s making only a partial confrontation with this danger?”

Read the Stanford professors’ letter

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