Pressure Builds for Rutgers to Divest From Fossil Fuels
NEW BRUNSWICK, NJ A Rutgers University committee is tentatively scheduled to submit a report recommending whether or not to pull the university’s $80 million investments in the fossil fuel industry.
The latest development comes as students and environmental activists continue to pressure the University to make the change.
Now, the powerful Rutgers Board of Governors has announced a “special” remote meeting on March 9 at 11am to vote on changes to their investment policy, but school officials have not responded to questions about what exactly is proposed.
Divestment is the selling of financial assets to make a fiduciary, political, or social statement.