Pomona College sold its mineral rights for an undisclosed amount on March 18. The holdings were accumulated roughly over the past 50 years and were located across 14 states in the U.S.
Tag: David Wallace
Pomona students approve ASPC referendum on fossil fuel divestment and disclosure
Nearly nine in ten Pomona College students believe the school should move toward complete divestment from fossil fuels, a March 29 referendum revealed. 88 percent of students voted in favor of a resolution to divest on the ballot, while 96 percent of those who voted agreed that the Board of Trustees’ Investment Committee should disclose the percentage of Pomona’s endowment that remains invested in fossil fuels.