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Harvard Students Move Fossil Fuel Stock Fight To Court

mdsolar writes A group of Harvard students, frustrated by the university's refusal to shed fossil fuel stocks from its investment portfolios, is looking beyond protests and resolutions to a new form of pressure: the courts. The seven law students and undergraduates filed a lawsuit on Wednesday in Suffolk County Superior Court in Massachusetts against the president and fellows of Harvard College, among others, for what they call "mismanagement of charitable funds." The 11-page complaint, with 167 pages of supporting exhibits, asks the court to compel divestment on behalf of the students and "future generations."

5 of 203 comments (clear)

  1. Standing by phantomfive · · Score: 4, Insightful
    This quote from the end of the article says it all:

    "Lee Goldstein, a clinical instructor in the Harvard Law School legal aid bureau, said that the issue of whether the students were legally qualified to sue, known as standing, could be fatal to the students’ suit, as it was to the earlier suit brought by Mr. Bonifaz and others."

    "could be" is a way of putting it politely.

    --
    "First they came for the slanderers and i said nothing."
    1. Re:Standing by Oligonicella · · Score: 5, Insightful

      They're hypocrites. If they don't like the policies the college has concerning investment, why are *they* investing in the college instead of finding another? They want to force the college to divest but they don't have the gonads to divest themselves.

  2. The only thing worse than a lawyer by thegarbz · · Score: 4, Insightful

    The only thing worse than a lawyer is a law student, they think they can use the courts for anything.

  3. Can other students sue this group? by schneidafunk · · Score: 5, Insightful

    What happens if the investments in fossil fuel companies turn out the be the most profitable and the school loses money?

    As Harvard's president said "the endowment is a resource, not an instrument to impel social or political change"

    --
    Some people die at 25 and aren't buried until 75. -Benjamin Franklin
  4. Turn off the electricity to the dorms by sasquatch989 · · Score: 5, Insightful

    Every night from 9pm-5am turn off the electricty. Better yet, random rolling blackouts. Let them know what it's like to live somewhere where energy has to be rationed. Kids take it for granted