UH divests from fossil fuel companies

MANOA — The University of Hawaii Board of Regents on Thursday voted to divest the university’s $66 million endowment from fossil fuel companies.

A task group concluded that the value of divestment is to galvanize the UH community to take action and invest in the production of alternative energy, to make energy-saving investments and to change institutional as well as individual, behaviors.

Makoto Lane, Kauai Community College student and former president of the KCC Sustainability Club, said he’s proud to be a UH system student “when social and environmental issues of this magnitude are being addressed.”

“As with UC Berkeley’s divestment from businesses associated with South Africa … I hope to see this action bring momentum to end fossil-fuel dependence and a cleaner healthier planet for all,” Lane said in an online message.


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