As the world wakes up to the reality of climate change, many institutions are beginning to distance themselves from fossil fuel companies. The latest example comes from the UK, where a whopping 100 universities have now pledged to divest from these firms.
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This represents a huge shift in the higher education sector, with 65% of all UK universities refusing to invest in fossil fuel companies. This is largely thanks to the large endowments of some of the country\’s biggest institutions, such as the University of Edinburgh, Oxford and Cambridge.
Coventry University has become the 100th institution to make this commitment, and it is hoped that this will encourage even more colleges and universities to follow suit. With the global economy slowly starting to move away from fossil fuels, it is clear that these companies are on the wrong side of history. Hopefully, this divestment trend will continue until these damaging firms are finally forced to change their ways.
According to a new report, 100 UK universities have pledged to divest from fossil fuel companies. This represents a huge shift in the higher education sector, with 65% of all UK universities refusing to invest in these firms.
The University of Edinburgh, Oxford and Cambridge are among the institutions that have made this commitment, and it is hoped that this will encourage even more colleges and universities to follow suit.
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With the global economy slowly starting to move away from fossil fuels, it is clear that these companies are on the wrong side of history. Hopefully, this divestment trend will continue until these damaging firms are finally forced to change their ways.
This is a huge win for the environment, and this trend is hoped to continue until all universities are divested of fossil fuels. With the global economy slowly moving away from these damaging companies, it is clear that they are on the wrong side of history. Hopefully, this will be the beginning of the end for the fossil fuel industry.
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