Stanford Divests from Coal Mining

I thought this article about Stanford University taking a stance against climate change and trying to make the university fossil-fuel was pretty interesting:

"At least 11 small universities have elected to remove fossil-fuel stocks from their endowments, but none approaches Stanford’s prestige or national influence. Tuesday’s decision seems likely to increase the pressure on other major universities to follow suit."

It's not only the consumer brands (IKEA, H&M, Walmart) trying to re-invest in renewables, but even the universities are coming together in order to try to affect the energy sector. I mean, are there still people out there trying to convince themselves that the sustainability era isn't something real? That people on this planet - major decision makers, corporation and institutional leaders that influence huge assets - won't change? But they are!

http://www.nytimes.com/2014/05/07/education/stanford-to-purge-18-billion-endowment-of-coal-stock.html?_r=0


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