“it is unethical and is nonsense to invest in fossil fuels”
Why are these students paying tuition to attend Yale? They’re obviously smarter than the people who are paid to run the school.
WTNH News reports:
15 Yale students ticketed for occupying Yale Investment Office
15 Yale students received tickets for participating in a “sit-in” in at Yale’s Investment Office Monday night.
The students held the demonstration demanding that Yale get rid of any investments tied to Puerto Rico’s debt and the fossil fuel business.
Nash Keyes, a student from the protest said that it is unethical and is nonsense to invest in fossil fuels.
“Fossil fuel corporations are in an industry that is generating power in a way that is not going to be sustainable for the next 50 years.”
Yale reports that they have examined all of their investment issues, including climate change and Puerto Rico’s debts. According to the University, they are one of the first instititions to formally address the ethical responsibilities of institutional investors. More information can be found on Yale’s Ethical Investment Policy.
Donations tax deductible
to the full extent allowed by law.