The University of California has announced that it has sold off more than $200 million worth of investments in coal and tar sands companies. University officials say the move was prompted by concerns over environmental sustainability as well as the increasing riskiness of investing in the coal and tar sands industries, which have both seen their profits plummet in recent months. We’ll have more on climate change and the divestment movement with renowned climate activist Bill McKibben later in the broadcast.
University of California Divests $200 Million from Fossil Fuels
HeadlineSep 10, 2015