December 09, 2016
Barnard’s Different Approach to Divestment
A minority of colleges have in recent years opted to bar their endowments from holding investments in either the fossil fuel industry generally or specific parts of the industry (such as coal). Barnard College on Thursday announced a different approach: a committee of trustees, professors and students has recommended that the college sell holdings in "all fossil fuel companies that deny climate science or otherwise seek to thwart efforts to mitigate the impact of climate change."