Following the university's internal guidelines which prohibit it from engaging in "substantial social injury," Stanford University has disinvested "its $18.7 billion endowment of stock in coal-mining companies, becoming the first major university to lend support to a nationwide campaign to purge endowments and pension funds of fossil fuel investments." This part is particularly telling:
The trustees' decision carries more symbolic than financial weight, but it is a major victory for a rapidly growing student-led divestment movement that is now active at roughly 300 universities.
At least 11 small universities have elected to remove fossil-fuel stocks from their endowments, but none approaches Stanford's prestige or national influence. Tuesday's decision seems likely to increase the pressure on other major universities to follow suit.
Among other universities, Harvard has resisted student pressure for divestment, and one student was arrested on Thursday after pro-divestment activists blockaded the entrance to the school's administrative offices.
|Rich Countries Have Clean Money|
|What Flying First Class on an Emirates Airlines A380 is Like|
|In Singapore, Park Your Car in Your High-Rise Apartment|
|Final: 21st Century Credit Card With Disposable Numbers|
|Time Lapse of Planet Earth as Seen from the Space Station|
|“A short cut through spacetime allowing for travel over cosmic scale distances in a short period.”|
|“If you fell asleep in 1945 and woke up in 2018 you would not recognize the world around you.”|
|CaptchaTweet: Write Tweets in Captcha Form|
|Read Advice People Wish They Had at Your Age|
|“Reliably bottling up miniature stars, inside complex machines on Earth, demands otherworldly amounts of patience.”|
|The (Very Scary) People of Public Transit|
|How to Avoid Jury Duty|
|Walking Car Concept|
|“How Facebook Gave my Data Away Without Me Knowing.”|
|The Racist, Sexist Tendencies of AI|
|Timelapse of a Tesla Model 3 Being Made|