The climate advocates who refuse to divest from big oil
As Harvard sheds its fossil fuel investments, some argue it’s dangerous to limit leverage over oil and gas companies
As Harvard sheds its fossil fuel investments, some argue it’s dangerous to limit leverage over oil and gas companies
The announcement is a major victory for the climate change movement, and marks a striking change in tone for the university.
Harvard University will divest itself from holdings in fossil fuels, President Lawrence Bacow said Thursday.
The university, with a $41 billion endowment, said its investment holdings in the fossil-fuel industry will be phased out.
Almost 60% of oil and gas and 90% of coal must stay in the ground to keep global warming below 1.5C.
Researchers who estimate how much of the world’s coal, oil and natural gas reserves should be left unburned to slow the increase in climate-changing gases in the atmosphere say even more of these fossil fuels should be left in the ground.
New research quantifies what it would take to limit global warming to 1.5 degrees Celsius above pre-industrual levels: keeping a vast majority of Earth's remaining fossil fuels tucked underground by 2050.
Analysis shows future is bleak for fossil fuel industry with trillions of dollars of assets at stake