Should MIT Divest? A Debate on Fossil Fuel Investment

Yesterday, Tony Cortese, a Principal of the Intentional Endowments Network, moderated a debate on whether or not MIT should divest of fossil fuels.  Click here or on the image below to watch the full program on the MIT site. 

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A description of the event and speakers from MIT's website:

Join this event of the MIT Climate Change Conversation to learn about different facets of divestment from fossil fuel companies and explore whether MIT should divest its endowment as part of its response to climate change. Six prominent voices in the dialogue on climate change and energy will be staged as two teams that present PRO-divestment and AGAINST-divestment arguments in a classic debate format. The discussion will provide a nuanced view of the relevant issues being widely contested on university campuses, and in particular at MIT.  This is an unprecedented opportunity for the MIT community to hear a diversity of expert perspectives, to have questions answered, and to deepen our understanding of the opportunities, drawbacks, and alternatives to fossil fuel divestment and of how universities can address global warming.

ModeratorTony Cortese, Intentional Endowments Network

Debating for fossil fuel divestment:

  • Naomi Oreskes, Professor of History of Science at Harvard University
  • Don Gould, Trustee Pitzer College & CIO Gould Asset Management
  • John Sterman, Professor, MIT Sloan School of Management

Debating against fossil fuel divestment:

  • Brad Hager, Professor, Director of the MIT Earth Resources Laboratory
  • Frank Wolak, Professor of Economics, Stanford University
  • Timothy Smith, Director of ESG Engagement, Walden Asset Management