Fossil Free Stanford for the Win: The Farm to Divest from Coal

In a huge win for the "Go Fossil Free" campaign and the students who led it, Stanford University’s Board of Trustees announced Tuesday that they are divesting from coal companies. Stanford, which has a roughly $18 billion endowment, is far and away the largest and most influential university to make such a move to untangle itself from the coal industry.

The resolution means that Stanford will not directly invest in roughly 100 publicly traded companies for which coal extraction is the primary business, and will divest of any current direct holdings in such companies.

Dana Hull

Full Story: http://www.siliconbeat.com/2014/05/06/fossil-free-stanford-for-the-win-the-farm-to-divest-from-coal/