
UK universities have £5.2bn invested in the fossil fuel industry, report says
By Ilaria Bertini. British universities have strong connections to the fossil fuels industry, with the equivalent of £2,083 invested for each UK student in the sector, according to a report by People & Planet.
The study, produced by the student campaign network alongside oil and gas watchdog Platform and divestment group 350.org estimates that universities have £5.2 billion invested in oil and gas companies. It also reveals that senior executives from BP and Shell have received 20 awards and honorary degrees from British universities over the past decade. More...