MIT Rejects Demands to Divest Fossil-Fuel Stocks, Joining Yale

The Massachusetts Institute of Technology rejected demands from a student-led group to divest its $13.5 billion endowment of fossil-fuel investments, joining universities such as Harvard and Yale. MIT said in an announcement on Wednesday that it will instead remain engaged with energy companies and introduced a five-year plan to combat climate change that includes bolstering research and cutting carbon emissions on its campus in Cambridge, MA.