Nobel prize winning University of Montana climate professor Steve Running believes UM Foundation should divest its fossil fuel investments
|February 17, 2016||View for printing|
Professor Steven Running, whose work on climate change shared in a Nobel Peace Prize, said he believes the University of Montana Foundation should pull its investments from fossil fuels, starting with coal.
"I would absolutely tell our foundation that they should be on a strategic path to pulling out of coal investments as soon as they can," Running said Tuesday. "And then, over a little longer term, oil and gas investments.
KEILA SZPALLER firstname.lastname@example.org
Mr. Running should be careful not to bite the hand that feeds him. The oil, gas and mineral industry has long been a big funding source for the very institution which support him and many others. Were it not for the minerals taxes in Montana, much of the infrastructure you see in local communities would not exist, including those communities that are not in the coal, gas and oil counties. It's easy to be idealistic until you have to pay the bills.
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