Student activists on many campuses are trying to force colleges and public pension funds to participate in a political cause against global warming, by diverting all their endowment holdings away from large fossil-fuel companies.
Here’s what today’s college students should know about fossil fuels:
As a direct result of America’s large and growing reserves of natural gas, there has been a dramatic decline in greenhouse-gas emissions. The fact is, carbon emissions in the United States have fallen by 13 percent over the last five years and are now at their lowest level since1992, around the time when many of today’s college students were born (see chart above).
By encouraging disinvestment in fossil-fuel companies, college students are attacking the very companies that have helped bring carbon emissions to the lowest level in their lifetimes.