Middlebury College announced a commitment to power its core Vermont campus with 100% renewable energy by 2028. The College also set ambitious goals to reduce energy consumption, to phase out direct fossil-fuel investments in its endowment, and to create new educational programs and opportunities that will help empower future generations of environmental leaders.
MIDDLEBURY — Middlebury College’s board of trustees voted unanimously on Jan. 26 to fully withdraw over time the institution’s $1.1 billion endowment’s investments in the fossil fuel industry.
Middlebury College announced on Tuesday that it would divest its holdings in fossil fuel companies in an effort to address climate change.
“Recognizing the profound threat of climate change, Middlebury College today announced a 10-year commitment that will put the institution on a path toward a complete shift to renewable energy to power and heat its central campus,” the college wrote in a statement.
Middlebury College announced today that it will be divesting from fossil fuels. The school will be finally joining over a thousand other institutions around the world–including major cities like New York and entire countries like Ireland–but for a number of us here at 350.org, this victory is especially sweet.
