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Harvard's decision to ditch fossil fuel investments reflects changing financial realities and its climate change stance

By Susan Gary, Professor Emerita of Law, University of Oregon

Harvard University will keep phasing out all investments tied to oil, gas and coal, it announced on Sept. 9, 2021. When Larry Bacow, the school’s president, announced this plan, he cast it as a response to climate change – part of a broader trend that’s gaining steam among many large institutions…

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