Cambridge University rejects calls to divest from fossil fuels

Working group on investment responsibility argues it is better to keep investments in oil and gas companies, rather than divest £5.9bn endowmentThe University of Cambridge has rejected calls to divest its £5.9bn endowment from fossil fuels, as students, academics and the former archbishop of Canterbury Rowan Williams have called for.In a report on Friday, the university ruled out future investments in coal and tar sands, although it currently has no direct holdings in either, and onl