Rutgers University on March 9 enacted a policy that prohibits new investments in fossil fuel companies and also divests Rutgers from current fossil fuel investments over the next 10 years.

“As somebody who teaches about climate change, I’m particularly proud of this institution for putting its money behind its scholarship,” Rutgers AAUP-AFT member David Hughes said during March 9’s Board of Governors meeting.

“The university community at Rutgers has shown that when people come together around an issue like climate sustainability, change is possible,” said AFT President Randi Weingarten. “Hopefully the work Rutgers is doing on fossil fuel divestment will set a standard for other institutions. For our universities to truly become institutions of climate mitigation and resiliency, we must also invest in solarizing buildings and other measures that generate clean energy.”

Insider NJ has more.

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