The global boycott against South Africa’s apartheid regime is credited, in part, for helping to end it. Now, climate change activists are borrowing from the same playbook — pulling dollars from those who fund the fossil-fuel industry.
In the 1980s, during Apartheid in Sound Africa, about 150 universities divested their endowments of stocks with companies that did business in South Africa. Today, a growing movement at American universities is pressing their institutions to divest in companies that do business in fossil fuels.
President Obama and Republican nominee Mitt Romney hardly mentioned climate change in the 2012 presidential campaign, but college students across dozens of campuses have launched a campaign of their own. Their goal is to divest university endowments of holdings in fossil fuel companies. The move against pollution and global warming is a conscious nod to the […]