MIT climate change plan launched, will work on technology to combat GHG from fossil fuels
MIT to reduce campus emissions by at least 32 per cent by 2030
MIT says it will create new centres to focus on solar energy, nuclear fusion and other technologies. Facebook photo courtesy Christopher Harting.
BOSTON – The Massachusetts Institute of Technology is launching a five-year plan to combat climate change but says it won’t divest its $12.4 billion endowment from fossil fuels.
A world leader in science and engineering research, MIT says, instead, it wants to work with fossil fuel companies to develop the technology to combat climate change. The university plans to create eight new centres to focus on solar energy, nuclear fusion and other technologies.
MIT also plans to reduce campus emissions by at least 32 per cent by 2030 and eliminate its use of fuel oil by 2019.
Students at campuses across the country have pushed for divestment. A student group at MIT called for divestment last year, spurring MIT to study the prospects. The group didn’t immediately respond to a request for comment.
The Canadian Press
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
