U.K. universities divest from fossil fuels
It’s Monday, January 13, and universities across the pond are divesting from fossil fuels.
A whopping 78 of the U.K.’s 154 public universities have pledged to ditch their investments in oil, gas, and coal thanks to the efforts of a climate group called People & Planet. Some have already sealed the deal and divested from fossil fuels entirely.
This past year was a busy year for the divestment movement — a campaign to put pressure on big institutions to stop investing money in and profiting off of fossil fuels. Major players like University College London and the University of York have pledged to divest in the past several months. In the United States, Middlebury College in Vermont and the entire University of California system, among other colleges and universities, have taken the plunge.
But not all universities are willing to abandon their investments in oil, gas, and coal. The University of Cambridge has said it will maintain its investments in oil and gas, and students from Harvard and Yale universities stormed a football field in November to protest their schools’ ongoing investments in fossil fuels.
“Universities not yet divested can now choose to stand with their students on the right side of history or be forever known as complicit in the crimes of climate breakdown,” Chris Saltmarsh, a staffer with People & Planet, told the Guardian.
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