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Harvard says fighting climate change is a top priority. But it still won’t divest from fossil fuels.
“Harvard University prides itself on being on the cutting edge of climate policy and research. Its students and faculty have deployed drones over the Amazon, worked on a “bionic leaf” to turn sunlight and water into fuel and fertilizer, and searched for a cheaper electrochemical method of capturing carbon dioxide.
But there’s at least one step on climate change that Harvard has not taken: divesting the university’s $39 billion endowment of investments in fossil fuels.”
Harvard, America’s richest university, will divest from fossil fuels
The action is likely to have ripple effects in higher education and beyond, given Harvard’s $41 billion endowment and its iconic status among American institutions. For years, Harvard resisted calls to cut off funding for oil and gas firms despite demands from many students, alumni, and outside advocates.
“We must act now as citizens, as scholars, and as an institution to address this crisis on as many fronts as we have at our disposal,” Harvard President Larry S. Bacow said recently in a statement to the university community…
Stranded assets
Carbon Tracker introduced the concept of stranded assets to get people thinking about the implications of not adjusting investment in line with the emissions trajectories required to limit global warming.
Quantifying economic and environmental benefits of soil health
Many farmers believe the scientific evidence that soil health practices improve soil and water quality. However, they are reluctant to change management techniques without knowing how much the soil health practices will cost or benefit them. So, AFT found “soil health successful farmers,” and conducted benefit-cost analyses.
The math is in: Soil health practices produce real return on investment
Our nation’s farmers and ranchers care deeply about the land. They want to use practices that improve soil health and protect water quality, like no-till or strip till, cover crops, and nutrient management.
But, farming is a business like any other. If the numbers don’t add up, it’s hard to make improvements that are good for the environment.
Why put a price on carbon?
It also might mean that you encourage your local and regional conservation groups to support the Citizen Climate Lobby’s work on bipartisan efforts to put a price on carbon pollution…and then talk about why they are doing that.
Any infrastructure plan also needs to invest in trees and green space
It’s up to community leaders, neighborhood organizations, nonprofits, and more to ensure that green strategies are not an afterthought but a critical foundation of any infrastructure plan introduced in Congress…
FACT SHEET: The American Jobs Plan
“While the American Rescue Plan is changing the course of the pandemic and delivering relief for working families, this is no time to build back to the way things were. This is the moment to reimagine and rebuild a new economy. The American Jobs Plan is an investment in America that will create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China. Public domestic investment as a share of the economy has fallen by more than 40 percent since the 1960s. The American Jobs Plan will invest in America in a way we have not invested since we built the interstate highways and won the Space Race…”
30 x 30: NRDC’S commitment to protect nature and life on earth
“To prevent mass extinctions and bolster resilience to climate change, scientists warn that we must protect at least 30 percent of our lands, rivers, lakes, and wetlands by 2030. At the same time, we must also fully and highly protect at least 30 percent of our oceans by 2030 to help safeguard marine ecosystems and fisheries that provide food, jobs, and cultural sustenance to billions around the world.
We have the tools to create a better, healthier future for our planet—and ourselves—but we must act now…”
A top U.S. seller of carbon offsets starts investigating its own projects
Following concerns that it is facilitating the sale of meaningless carbon credits to corporate clients, the Nature Conservancy says it’s conducting an internal review of its portfolio of carbon-offset projects. The nonprofit owns or has helped develop more than 20 such projects on forested lands mostly in the U.S., which generate credits that are purchased by such companies as JPMorgan Chase & Co., BlackRock Inc., and Walt Disney Co., which use them to claim large reductions in their own publicly reported emissions…