Profs. Present Case for Divestment at Climate Event

By Steven R. Watros, CRIMSON STAFF WRITER15 hours ago

Daniel J. Hilhorst
English professor James T. Engell ’73 emphasizes the necessity of reducing CO2 and other greenhouse gas emissions at a Harvard Faculty for Divestment presentation in Fong Auditorium on Sunday.

Several members of Harvard Faculty for Divestment discussed the science behind climate change on Sunday evening and continued to urge University officials to divest Harvard’s endowment from fossil fuel companies, arguing that doing so would galvanize “political will” needed to change energy production and consumption.

Presenter Stephen A. Marglin ’59, an Economics professor, said that Harvard’s divestiture would not cause fossil fuel companies to collapse, but could set an example for other institutions that might be waiting to follow Harvard’s lead.

This, he and the other presenters said, could provoke civil action and political response to match the economic and political forces of fossil fuel companies.

Marglin was joined in presenting by Chemistry professor James G. Anderson and English professor James T. Engell ’73. The three are among the 164 signatories of an open letter published last spring and addressed to University President Drew G. Faust and members of the Harvard Corporation, calling on them to divest from fossil fuels.

In subsequent correspondence, Faust has restated that the University will not divest, arguing that such a move would undesirably politicize the endowment and that Harvard can best address climate change by promoting research and education.

Jim-Anderson

…(read more).

Global Climate Change
Environment Ethics
Environment Justice

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