NYU caves to students, divests from fossil fuels

New York University recently announced that it will forego investments in any company primarily engaged in fossil fuel extraction or discovery.

William Berkley, chair of the school’s board of trustees, announced the decision in a letter to Sunrise NYU, the school’s chapter of an environmental activist group.

The College Fix reached out to Sunrise NYU twice for comment but did not receive a response.

“New York University and Sunrise NYU both recognize climate change’s threat to our community and the world, and we recognize and appreciate that the combustion of fossil fuels is a significant contributor to climate change,” Berkley stated in his letter.