#Harvard students just took the most important step yet in the fight over oil and gas divesting — Fusion
▻http://fusion.net/story/28871/harvard-students-take-most-radical-step-yet-in-oil-and-gas-divestment-battle
While the student divestment movement in the U.S. has been loud, you can still count its outright successes on one hand — just three small colleges have begun fully phasing out their fossil fuel holdings. Stanford recently agreed to divest from coal, but is hanging onto its investments in oil and gas companies. American University in Washington DC is voting on a divestment proposal tomorrow.
Skaggs says the movement would be jolted if a university as big as Harvard stepped up.
“It may not have a financial impact, but that’s not really the point,” she said. ” The goal is revoking the social license of these fossil fuel companies.”
She said the group doesn’t expect a ruling for several months. Harvard told the New York Times they’re not sure whether the claims are applicable.