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Gov. Brown says UC divestment from coal is a possibility

2014-05-16 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: Gov. Jerry Brown suggested Thursday that UC should study the possibility of divesting its endowment of any connection to the coal industry, a move that could echo a recent decision by Stanford University. Concerned that fossil fuel burning is hastening climate change, student activists are urging the UC regents to sell off holdings in the largest such companies from the university system`s $7.7 billion general endowment fund. In the past, UC administrators said they were reluctant to do so because...

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