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Take Two

Claremont's Pitzer College to divest from fossil fuels

By Take Two Staff
Published Apr 14, 2014
Robert Redford using Molly Peterson's microphone to interview the president of Pitzer College about climate divestment on Saturday, April 12, 2014.
Robert Redford using Molly Peterson's microphone to interview the president of Pitzer College about climate divestment on Saturday, April 12, 2014.
(
Molly Peterson/KPCC
)
Pitzer College junior Jess Grady-Benson and dozens of other students at the Claremont colleges are working together to push their schools' investments out of fossil fuels.
Pitzer College senior Jess Grady-Benson and dozens of other students at the Claremont colleges have worked together to push their schools' investments out of fossil fuels.
(
Molly Peterson/KPCC
)

Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.

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Claremont's Pitzer College to divest from fossil fuels

Over the weekend, Pitzer College announced plans to sell off its financial holdings related to fossil fuels by the end of this year. 

The move makes Pitzer College the first college in Southern California to commit to climate divestment. With a $125 million endowment, the Claremont-based school is the biggest name in higher education so far to divest as a matter of climate policy.

RELATED: Pitzer College, Robert Redford announce plans to divest $125 million endowment of fossil fuels

Trustee Don Gould says it's a careful move for the college.

"Divestment is about aligning our actions with our values. We envision a future substantially less dependent on fossil fuels. We can no longer reconcile that vision with an endowment that seeks to profit from investment in those same fossil fuels," said Gould.

Here to tell us more is KPCC's environment correspondent Molly Peterson.