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Why Pitzer College decided to quit carbon
Why Pitzer College decided to quit carbon

Last month, the philanthropic Rockefeller Brothers Fund announced it would sell off the fossil fuel stocks that helped to enrich it. Pitzer College, one of the Claremont Colleges, had beaten the Rockefellers to the punch. Its decision to divest, in April, made it an early adopter in the movement to shift endowment money for the sake of the planet. Donald Gould was at the center of the process — a Pomona College graduate who heads an asset management firm and also heads the Pitzer board of trustees' investment committee. As colleges and universities once shed their South Africa investments — something Nelson Mandela credited with helping to end apartheid — so might...