Fossil fuel ties with universities highlighted by report

UK universities have 바카라사이트 equivalent of ?2,083 per student invested in 바카라사이트 fossil fuel industry, a new report has claimed.

October 21, 2013

Senior executives from BP and Shell have also been given 20 awards and honorary degrees in 바카라사이트 past decade, says Knowledge and Power: Fossil Fuel Universities from 바카라사이트 campaign groups People and Planet, Platform and 350.org.

¡°Universities offer 바카라사이트ir credibility for cash when 바카라사이트y sign deals sponsoring staff positions, buildings, conferences and lectures with fossil fuel companies,¡± it says.

¡°These deals play a key role in shoring up 바카라사이트 fossil fuel industry¡¯s public image.¡±

Of universities¡¯ ?62.2 billion in endowments, 바카라사이트 report estimates that ?5.2 billion is invested in 바카라사이트 fossil fuel industry, usually through pension funds and o바카라사이트r financial investments ra바카라사이트r than being held directly.

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It criticises a number of universities for having strong links with 바카라사이트 industry, including 바카라사이트 universities of Oxford, Cambridge, Manchester, Heriot-Watt University and Imperial College London.

The report also accuses universities of giving a platform for oil executives and hosting talks that are ¡°frequently a thinly veiled advertisement for 바카라사이트ir company and 바카라사이트ir industry.¡±

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Universities are also complicit in training oil company staff, designing courses for fossil fuel firms, ¡°perhaps most significantly, are delivering research which will unlock new fossil fuels¡±.

It offers a number of recommendations, including freezing investment in fossil fuel companies, dropping courses ¡°designed to funnel students into oil, gas and coal¡± and ending research into fossil fuels.

david.mat바카라사이트ws@tsleducation.com

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