QUT vice-chancellor says university’s $300m endowment fund will divest its shares in coal, oil and gas companies
One of Australia’s largest universities, the Queensland University of Technology, has committed to dumping fossil fuel investments after a two-year campaign by students and staff.
In a move that surprised and delighted campaigners, the university’s vice-chancellor, Peter Coaldrake, revealed on Friday the university’s $300m endowment fund would divest its shares in coal, oil and gas companies.
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Source: Guardian Environment