15 Yale students received tickets for participating in a “sit-in” in at Yale’s Investment Office Monday night.
The students held the demonstration demanding that Yale get rid of any investments tied to Puerto Rico’s debt and the fossil fuel business.
Nash Keyes, a student from the protest said that it is unethical and is nonsense to invest in fossil fuels.
“Fossil fuel corporations are in an industry that is generating power in a way that is not going to be sustainable for the next 50 years.”
Yale reports that they have examined all of their investment issues, including climate change and Puerto Rico’s debts. According to the University, they are one of the first instititions to formally address the ethical responsibilities of institutional investors. More information can be found on Yale’s Ethical Investment Policy.
In a statement to News 8, Karen Peart, Director of External Communications at Yale, said,
“Regarding the protests, our students are engaged and passionate, and freedom of expression is central to their education. Peaceful demonstrations about various issues are going to be part of that from time to time.”
This is the group’s second demonstration on this topic. The 15 students each got $90 tickets.