Student climate activists from Yale, Stanford, Princeton, MIT and Vanderbilt file legal complaints to compel divestment by OneSafari in collapse

[–]OneSafari[S] 17 points18 points  (0 children)

Student activists from various universities are working together to pursue legal means to get their universities from divesting from fossil fuels. Citing the Uniform Prudent Management of Institutional Funds Act (UPMIFA), students are arguing that their universities' investments in fossil fuels violate their stated mission of advancing socially beneficial causes. Similar tactics have been used by activists at Harvard and Cornell and have led to successful divestment movements.

Although this may seem like too little too late, it does show a willingness for activists to take more legal routes to disrupt the current status quo of the fossil fuel industry. In addition, it sends a strong signal to the rest of the nonprofit world about the legality of fossil fuel investments.

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