Harvard University “pauses” some fossil fuel investments; students celebrate!

After years of escalated pressure from students, faculty and alumni, Harvard University is taking a significant step toward fossil fuel divestment. Earlier this week, at a Climate Week event entitled, “How Harvard’s Endowment is Thinking About Climate,” Colin Butterfield, Harvard Management Company’s (HMC) Managing Director of the Committee of Natural Resources said that HMC is “pausing” direct investments in oil, gas, and coal in the natural resources portfolio. …. [Persbericht]