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

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