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.

0 Comments

Your email address will not be published. Required fields are marked *

*

By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. To report comments that you believe do not follow our guidelines, send us an email.