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10 Sep 12:40pm

Harvard University will divest its $42bn endowment from all fossil fuels

The Guardian
Student campaigners: ‘Activism works, plain and simple’ University president cites need to decarbonize economy Harvard will divest itself from holdings in fossil fuels, the university’s president, Lawrence Bacow, announced late on Thursday. Harvard Management Company, which oversees the university’s vast endowment of almost $42bn, has already been reducing its financial exposure to fossil fuels and has no direct investments in companies that explore for or develop further reserves of fossil fuels, Bacow said in a message posted on the university’s website.
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