Fossil Fuel Divestment and Its Potential Impacts On Students, Faculty and Other University and Pension Stakeholders

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Title:   Fossil Fuel Divestment and Its Potential Impacts On Students, Faculty and Other University and Pension Stakeholders

Author:  Prof. Hendrik Bessembinder

Publisher:  Arizona State University, University of Washington, and Compass Lexecon

Date: April 2017

Full Text Article

Summary:

The costs of divestment are equivalent to annual tuition increases (or equivalent reductions in tuition scholarships) of approximately $123 to $385 at a representative public university or $1,043 to $3,265 at a representative private university. Under similar assumptions, divestment equates to a reduction in monthly pension benefits of approximately five to seven percent for a typical pensioner.

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