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Posted Thu Apr 2 2015: from Guardian:
Syracuse University to divest $1.18bn endowment from fossil fuels
Syracuse University will remove its $1.18bn endowment from direct investments in fossil fuel companies, it announced on Tuesday. Syracuse is the biggest university in the world to have committed to remove its endowment from direct investments in coal, oil and gas companies. It aims to make additional investments in clean energy technologies such as solar, biofuels and advanced recycling. In a statement, the university said it will "not directly invest in publicly traded companies whose primary business is extraction of fossil fuels and will direct its external investment managers to take every step possible to prohibit investments in these public companies as well".
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