"Harvard University is “pausing” investments in some fossil fuel interests following a five-year campaign by some students and environment groups to pressure the university to divest itself from coal, oil and gas.
The elite university has come under fire for investing its $36bn endowment in a portfolio that contains fossil fuel companies and has until now resisted a concerted divestment campaign that has also targeted other US universities.
However, Colin Butterfield, head of natural resources at the Harvard Management Company, said that climate change is a “huge problem” and that “for now, we are pausing minerals and oil and gas.”"
