In the first big win for
the fossil fuel divestment campaign,
Stanford just did what campaign-founder Harvard has not yet:
announced it would divest from coal-mining companies.
Here’s Stanford’s PR dated today, 7 May 2014, Stanford to divest from coal companies,
Acting on a recommendation of Stanford’s Advisory Panel on Investment Responsibility and Licensing, the Board of Trustees announced that Stanford will not make direct investments in coal mining companies. The move reflects the availability of alternate energy sources with lower greenhouse gas emissions than coal.
Who is this Advisory Panel? Continue reading