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Thu, 2013-01-24 15:41Guest
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James Lawrence Powell: Divest Over Global Warming?

This is a guest post by James Lawrence Powell, originally published on GoFossilFree.org

A generation ago, students urged colleges to sell their stock in companies doing business in Apartheid South Africa. At least 155 colleges and universities, as well as 26 state governments, 22 countries, and 90 cities, partially or fully divested. One of the first private institutions to divest was Columbia University, whose trustees said in 1978 that they had done so “to maintain educational leadership,” which demanded “ethical and humane positions that give effective expression to our highest national ideals” (Columbia Spectator, June 8, 1978). In 1986, the University of California sold $3 billion in South Africa-related stocks, the largest public institution to do so.

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