In this case, MIT's approach to the fossil
fuel divestment question offers several valuable lessons for other research universities as they weigh similar choices.
Not exact matches
But while even a former chairman of Shell, Mark - Stuart, has said fossil
fuel divestment and reinvestment in clean energy makes sense, some
question if total
divestment is a prudent strategy.
But with mainstream banks
questioning the competitiveness of fossil
fuels, and with the Governor of the Bank of England describing most fossil
fuels as unburnable,
divestment (or at least diversification into clean energy investment) is looking less - and-less like gesture politics, and more like a sound plan to protect ourselves from future shocks.
When I wrote about the fossil
fuel industry looking worried, some commenters
questioned my focus on
divestment.