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Editorial: UNM should reject oil & gas divestment » Albuquerque Journal

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... Last fall, the state Educational Retirement Board bent to political pressure and voted to drop its meager investments in two private prison companies. That was in spite of warnings from its investment adviser of “sacrific(ing) return for other particular factors” and of the risks of cherry-picking stocks from market-determined index funds. Now, the University of New Mexico Faculty Senate wants UNM to divest itself of investments in companies involved in fossil fuel extraction and production. The UNM Foundation’s Consolidated Investment Fund portfolio includes several equity firms with direct ties to oil and gas, natural gas and coal production.

University Of New Mexico Faculty Demands Divestment From Fossil Fuels

University Of New Mexico Faculty Demands Divestment From Fossil Fuels
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