Princeton divesting

Princeton is not only divesting but ‘dissociating’ from fossil fuel corporations:

Divestment is a decision to refuse to invest in a company or set of companies and entails the sale of all securities associated with a company, including both direct and indirect investments, and precludes the repurchasing of those securities.

Dissociation means also refraining, to the greatest extent possible, from any relationships that involve a financial component with a particular company. It includes no longer soliciting or accepting gifts or grants from a company, purchasing the company’s products, or forming partnerships with the company that depend upon the exchange of money.

Every highly reputable school that acts makes it easier for others to say yes and harder to justify continued fossil fuel investment.

Author: Milan

In the spring of 2005, I graduated from the University of British Columbia with a degree in International Relations and a general focus in the area of environmental politics. In the fall of 2005, I began reading for an M.Phil in IR at Wadham College, Oxford. Outside school, I am very interested in photography, writing, and the outdoors. I am writing this blog to keep in touch with friends and family around the world, provide a more personal view of graduate student life in Oxford, and pass on some lessons I've learned here. View all posts by Milan