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New principles regarding fossil fuels to guide Yale's endowment


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New principles regarding fossil fuels to guide Yale’s endowment
The Yale Board of Trustees last week approved a new set of ethical investment principles (PDF) to guide the university’s decisions concerning companies producing fossil fuels.
The five principles, recommended by an expert faculty panel appointed in October by President Peter Salovey, create new standards for the activities, behaviors, and characteristics of fossil fuel companies that would warrant divestment.
The principles establish a framework through which Yale can encourage fossil fuel producers to adopt more sustainable practices and advance the shift to a decarbonized energy future – and to call out and make ineligible for investment by Yale those companies that do not. ....

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At Yale, new FedEx-supported center to focus on climate change solutions


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A $100 million gift from FedEx will help fund a new center at Yale University focused on developing natural solutions for reducing atmospheric carbon. The Center for Natural Carbon Capture will support and accelerate applied research across academic disciplines, helping to establish a more sustainable and healthier future for our planet.
The goal of the center will be to develop interventions that enhance the Earth s abilities to store carbon and methods that model these natural processes. The Center will develop a portfolio of natural carbon removal strategies that combines both rapid and long-term, large-scale approaches.
Yale s efforts to address climate change build upon a rich history of research on the environment, scholarship with policy implications, and education. Our legacy includes faculty members who have defined their fields, Nobel laureates, and students who have gone on to lead meaningful change around the world, said Yale University Presiden ....

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Yale creating carbon capture research center with $100M donation from FedEx


Yale creating carbon capture research center with $100M donation from FedEx
Alexander Soule
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A FedEx cargo plane in 2017 at George Bush Intercontinental Airport in Houston. In March 2021, Yale University announced a $100 million gift from FedEx to fund a research center that will focus on finding ways to use natural sponges like plants and minerals to trap and store carbon.Michael Wyke / For the ChronicleShow MoreShow Less
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FedEx founder and CEO Frederick Smith in April 2019 alongside a FedEx SameDay Bot designed to deliver packages on local streets, at an award s ceremoy sponsored by the Atlantic Council. (Press photo via FedEx) Show MoreShow Less ....

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