Wen Stephenson and Benjamin Franta, via the Nation:
The movement for fossil-fuel divestment has swelled to what an Oxford University study calls the fastest-growing divestment movement in history, one with the potential to shift the political ground beneath the fossil-fuel lobby’s feet. There are more than 500 campaigns globally—including on some 400 college and university campuses in the United States, along with city and state governments and major religious institutions. Ten colleges and more than twenty cities—including Seattle, San Francisco and, as it happens, Cambridge, Massachusetts—have committed to divest.
Back in October, Harvard University President and distinguished American historian Drew Gilpin Faust, having faced more than a year of increasing calls by students, faculty and almuni to divest from fossil fuels, released a statement in which she explained why Harvard would do no such thing, at least not on her watch. Reactions to her position—by critics ranging from climate activist Tim DeChristopher (now at Harvard Divinity School) and Columbia’s Todd Gitlin (an alum) to former Oberlin president and National Science Board member James Lawrence Powell, among others—pointed to its logical inconsistency, not to mention blindness to moral, political and economic facts.