As U.S. universities face growing student pressure to divest fossil-fuel holdings from their more than $500 billion in endowments, Cambridge, Massachusetts, finds itself at the center of a great divide.
At Harvard University, students are digging in this week for a blockade of President Drew Faust’s offices, escalating a confrontation over the school’s holdings of oil, gas and coal stocks.
A mile away, Massachusetts Institute of Technology held a debate last week over divestment. The formal and polite event had the blessing of President Rafael Reif, who billed it as the fourth campus-wide conversation on climate change.
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