Brown Divest Coal

The governing board of Brown University has decided against divesting from the coal industry, saying there are better ways to fight global warming.

Students had led an effort to get the Ivy League university to take its money out of coal, arguing Brown should set an example and stop investing in companies that contribute to greenhouse gasses emissions, which are a major contributor to climate change. 

The corporation that runs Brown University has decided against purging its endowment of investments in coal companies, as a student-led group, Brown Divest Coal, had campaigned for.

In a statement released by university President Christina Paxson, the corporation decided that Brown will address climate change though teaching and research, rather than through coal divestment.