NYU May Dump Fossil Fuel Investments

After intense pressure from students, faculty and alumni, New York University is weighing divesting itself of investments in all fuel companies.

"The Board of Trustees takes the University Senate's resolution on fossil fuel divestment seriously, and asked the members of the Investment Committee to take the lead on the matter on behalf of the Board," NYU spokesman John Beckman told DNAInfo.com.

The decision follows an April vote in which 80 percent of the University voted for divestment.

NYU is pushing to make its sprawling Greenwich Village campus more environmentally friendly, hoping to cut 50 percent of its carbon emissions by 2025.

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