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.
|Card for Coin: Buy Bitcoins Using Starbucks Gift Cards|
|Growthism: Capitalism for the Poor, Socialism for the Rich|
|The Most Patriotic Thing You Can Do|
|In a Nutshell: How Money Moves Around the Banking System|
|“Forget reading the book of life—we’re now learning how to write it.”|
|“Buying a new smartphone every two years is taking a toll on the planet.”|
|“New York Central trains in the Hudson River valley in 1928 and 1929”|
|"Waymo is reportedly planning to take the next step towards offering a commercial driverless car service in early December."|
|The (Very Scary) People of Public Transit|
|“Once artificial-intelligence software is good enough to drive a car, it will be good enough to do a lot of other things too.”|
|“We need to make algorithms transparent, regulated, and forgiving of the flawed creatures that converse with them.”|
|How to Avoid Jury Duty|
|Boardwalk Empire: Time Lapse Video|
|CaptchaTweet: Write Tweets in Captcha Form|
|Naked Preacher Lady [NSFW]|
|The Hard Sell of Low Tactics|