RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Leftist OZschwitz university pimping divestment campaign, which is really environmental activism, dressed up as investment advice Tue Aug 26, 2014 10:19 pm | |
| The University of Sydney has become the first institution of its type in Australia to halt further investments in coalmining, a move likely to send ripples through the funds industry.
On Monday, the university said it had halted investments in Whitehaven Coal, the miner developing the controversial Maules Creek open-cut coalmine, which is the largest such project in the country.
As part of a review being undertaken by the Mercer Group, however, Sydney University told Fairfax Media the bar on investments extended beyond Whitehaven.
http://www.smh.com.au/environment/climate-change/sydney-university-creates-waves-with-investment-ban-on-coal-20140826-108ecj.html |
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