Stanford dumping coal investments

The divestment movement has convinced Seattle, San Francisco, Portland and other cities to shed fossil fuel firms. Stanford is now the twelfth college to commit to divesting. The others schools are: College of the Atlantic, Foothill-De Anza Community College, Green Mountain College, Hampshire College, Naropa University, Peralta Community College District, Pitzer College, Prescott College, San Francisco State University, Sterling College and Unity College.

Click to expand...

On the heels of an earlier arrest of a student at a growing divestment blockade at Harvard University, seven Washington University students were arrested today in St. Louis, as they sought to enter the quarterly meeting of the Board of Trustees.

Today’s action followed a historic 17-day sit-in at the St. Louis campus, where hundreds of Washington University students have joined in a campaign to remove Peabody Energy CEO Greg Boyce from the Board of Trustees, as part of other demands to cut university ties with the coal industry giant.

Click to expand...

The divestment campaign is moving rapidly sending shockwaves through the system. FTSE managing director Kevin Bourne is quoted as saying: “This is one of the fastest-moving debates I think I’ve seen in my 30 years in markets.”

Click to expand...

The world’s biggest fund manager, Blackrock, and global index provider FTSE have teamed up with US environmental charity Natural Resources Defense Council to launch a set of new fossil-free indices in what the Financial Times describes as “a sign that a global campaign against fossil fuels is entering the financial mainstream”.

Click to expand...