The University of Cambridge announced it will "remove all direct and indirect investments in the fossil fuel industry from its £3.5 billion endowment fund by 2030."
It appears it’s just cutting its losses on money-losing endeavors like fracking in America, tar sands oil production in Canada, and frontier exploration by U.K. companies in Africa and South-East Asia.
The call from the Indigenous Women’s Divestment Delegation is for rights and environmental violations to be more thoroughly reflected in the rating scores given to fossil fuel extraction companies.
Divestment debates are forcing colleges and universities to reconsider how to contribute to a more resilient and sustainable future.
While Ireland is making history, many emphasized the need for the rest of the world to follow the Irish's lead.
Despite the overwhelming evidence that pipelines are unreliable and prone to leaks, energy companies continue to treat their bottom line as the only factor when making decisions.