Deals
Yale Students Urge University to Sell Fossil-Fuel Stakes
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Yale University undergraduates voted overwhelmingly to urge the school to sell its holdings of fossil-fuel companies that are “contributing the most to climate change and associated social ills.”
The Yale College Council referendum concluded yesterday, with more than half of undergraduates casting ballots and 83 percent voting for divestment from major oil, gas and coal companies, according to a statement. The council, representing 5,300 undergraduates at the New Haven, Connecticut-based school, said it will present a position paper to the administration supporting the divestment proposal.