The Huntington News

University not to consider fossil fuel divestment in financial strategy

University not to consider fossil fuel divestment in financial strategy

November 22, 2017


Filed under Campus

By Morgan Lloyd, news staff Northeastern is not currently considering divestment from offshore funds that invest in fossil fuels, a Northeastern treasurer announced at Wednesday’s Faculty Senate meeting. “Our endowment holds roughly 10 percent of its endowment in energy stocks and investment. ...

Editorial: Paradise Papers should be a catalyst for change

Editorial: Paradise Papers should be a catalyst for change

November 16, 2017


Filed under Editorials, Opinion

Last Wednesday, The Guardian published an article about the Paradise Papers, a collection of leaked documents that revealed Northeastern was on a list of 12 U.S. universities that had invested part of their endowments in fossil fuels using an offshore hedge fund. The report was no doubt unwelcome media...

Paradise Papers tie Northeastern to offshore fossil fuel investments

Paradise Papers tie Northeastern to offshore fossil fuel investments

November 11, 2017


Filed under Campus

By Glenn Billman, deputy campus editor Leaked Paradise Paper documents revealed Northeastern and several other universities have invested part of their endowments in fossil fuels via an offshore hedge fund, according to an article published in the Guardian Wednesday. EnCap Energy Capital Fund IX-C is based in the Cayman Islands, where there is no corporate or income tax. Northeastern and 11 o...

Op-ed: ISEC showcases Northeastern’s hypocrisy

Op-ed: ISEC showcases Northeastern’s hypocrisy

April 5, 2017


Filed under Op-eds, Opinion

  After years of planning and construction, Northeastern finally opened its new Interdisciplinary Science and Engineering Complex (ISEC) on Monday. Meant to herald a new era of collaboration between students and faculty across a wide variety of academic disciplines, the impressive new buildi...

Letter: DivestNU protest ignorant and hypocritical

Letter: DivestNU protest ignorant and hypocritical

November 3, 2016


Filed under Opinion

Without debating the merits of divesting Northeastern's investment portfolio of ExxonMobil or generally eschewing investment in fossil fuels, I would like to point out the hypocrisy of DivestNU using many of the following items during their occupation of Centennial Common: Nylon tents Plastic-composite Adirondack ch...

State of the University overshadowed by DivestNU protest

State of the University overshadowed by DivestNU protest

October 21, 2016


Filed under Campus, Featured Content

By Lucas Moctezuma, news correspondent Hundreds gathered in Cabot Gymnasium Thursday for Northeastern’s State of the University address, where President Joseph E. Aoun’s speech was interrupted by student demonstrators criticizing the university for its refusal to divest from fossil fuels and its c...

[UPDATED] SGA backs DivestNU, calls for divestment pledge

[UPDATED] SGA backs DivestNU, calls for divestment pledge

October 4, 2016


Filed under Campus, Featured Content

UPDATED at 10:45 p.m. on Wednesday, Oct. 5 with comment from SGA vice president Suchira Sharma By Alex Eng, news correspondent Senators in the Student Government Association (SGA) voted to reaffirm the student body’s call for fossil fuel divestment on Monday night, the same day the DivestNU...

University sustainability pledge draws mixed reactions

University sustainability pledge draws mixed reactions

July 20, 2016


Filed under Campus, Featured Content

By Caroline Boschetto, deputy news editor Northeastern University’s checkbook is a shade greener as of July 11, when the school announced that it will be directing $25 million of its endowment funds toward sustainable investments over the next five years. Michael Armini, senior vice president of ext...

Column: By investing rather than divesting, Northeastern exhibits hypocrisy

Column: By investing rather than divesting, Northeastern exhibits hypocrisy

July 13, 2016


Filed under Featured Content, Opinion

By Elise Harmon, managing editor Northeastern University announced on Monday its plans to invest in environmentally sustainable practices rather than to divest from fossil fuel companies. The university said it will contribute $25 million of its $700 million endowment to investments in “clean energy, r...

Letter: NU needs to divest from fossil fuel industry

Letter: NU needs to divest from fossil fuel industry

October 21, 2015


Filed under Opinion

The beginning of my final semester at Northeastern has started much the same as that of many of my peers. As I prepare to graduate I’m thinking about all I’ve learned here, and it fills me with excitement for what lies ahead. Despite the air of uncertainty around my future plans, one thing is very...

Harvard students stage divestment sit in

Harvard students stage divestment sit in

April 14, 2015


Filed under Uncategorized

By Scotty Schenck, photo editor Harvard students dedicated to divesting the school’s money from stocks and corporations associated with fossil fuels blocked all of the openings to University Hall on Tuesday Almost 25 people stopped access to the building in Harvard Yard where administrative office...

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