After a Harvard Management Company official said that the natural resources portfolio is "pausing" investments in fossil fuels, the University maintained that the remarks did not represent a change in investment strategy.
I think it is fair to say that the US government is now wholly owned subsidiary of ExxonMobil and the Trump Organization of course,” said environmental activist Naomi Klein.
Students have launched a new effort urging Harvard to divest—this time taking aim at the University’s holdings in private prison stocks.
Isa C. Flores-Jones ’19 speaks in front of University Hall during Divest Harvard’s rally on Wednesday afternoon. Divest Harvard members blockaded the doors to the administrative building as a part of their protest to pressure Harvard to divest university endowment from coal and fossil fuel companies.
Divest Harvard is planning to occupy Massachusetts Hall next week in protest of Harvard’s decision not to divest from the coal industry.
Several members of environmental activist group Divest Harvard quietly carried signs outside a Kennedy School film series screening sponsored by Shell Oil Company.
While Corporation members maintained during the meeting that Harvard will not divest from the fossil fuel industry, they did say the University is currently not investing in the coal industry.