Big news for the climate divestment movement: Stanford is getting out of coal. While getting out of oil and maybe even natural gas would be good, this is a great start and will put enormous pressure on other universities. And as the article says, the action is just the start and not the end of their process for handling the issue.
Left unmentioned in the article is the tanking of coal stocks, down 70% over the last few years - why not get out of coal?
I'm sure the email I sent to the university president and my piddling status as a donor made a huge difference.
Now it's time to get some more water districts to do the same thing. I talked to one today and another yesterday, so I'm working on it....
Stanfords press release is here, and from the students who made it happen here.
