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November 20, 2014

Students Sue Harvard Over Fossil-Fuel Divestment

A group of graduate and undergraduate students sued Harvard University Wednesday over its refusal to divest from fossil fuels, according to The New York Times. Alleging "mismanagement of charitable funds," the seven plaintiffs filed an 11-page complaint in Massachusetts' Suffolk County Superior Court.

Harvard president Drew Gilpin Faust announced in April that the university would examine "environmental, social, and governance factors" when managing its endowment. That language, however, didn't satisfy the students.

For the past two years, college students around the country have been lobbying their administrations to divest from fossil fuels in order to curb climate change.

The idea has spread to foundations, as well. You can read more about that wing of the movement here.