Of all the universities, non-profits, endowed foundations, pension funds, etc., in Pittsburgh, only Phipps Conservatory has shed fossil fuel stock from its investment portfolio. Now Chatham University shows signs of joining Phipps, as the investment committee recommended to the Board of Trustees moving away from fossil fuels and towards a sustainable fuels.
Initiated by students, this is a significant move for the nascent fossil fuel divestment movement in Pittsburgh. May Carnegie Museums, CMU, Pitt, UPMC, etc., soon follow suit.
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