German universities — technical and otherwise — account for 24 of the 100 ++innovative universities in Europe,Dmost. https://t.co/5xxYHdpIbf— BizDeansTalk (@BizDeansTalk) June 14, 2016
This probably understates SF Bay Area tech dominance, since patents are out of fashion in much of Silicon Valley. https://t.co/io6nATrOlS— Marc Andreessen (@pmarca) May 25, 2016
Prof. @Richard_Florida : That’s the big takeaway from a new study, which looks at the changing geography of innovation across the U.S. over the past four decades. The study—by my University of Toronto colleague Avi Goldfarb, along with Chris Forman of the Georgia Institute of Technology and Shane Greenstein of Harvard University—takes a detailed look at trends in patents (the most commonly used measure of innovation) across U.S. metros between 1976 and 2008.
Startup Fest Europe is a European festival of events that help startups grow faster by bringing together founders, investors, business leaders and developers around specific themes (or verticals). Join us from 24 – 28 May 2016 all around The Netherlands!
Chatterley: What are we getting wrong?
Schmidt: Well it just takes time. There's lots of issues in Europe that have to get addressed.
Chatterley: Like what?
Schmidt: Let's start with the universities in Europe. We hire incredibly smart people that come out of the European universities. Universities themselves are underfunded relative to the American universities, by a lot.
“We have a responsibility to take decisive action on climate change”: U of Toronto president, March30 https://t.co/FXz42foTkq U of T’s $6.5B— BizDeansTalk (@BizDeansTalk) April 9, 2016
In his new book, a Nobel laureate outlines how the huge disparity arose and the huge course correction needed to address it.
In his new book, Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity, Stiglitz, a Nobel-prize winning economist, professor at Columbia University, and the chief economist at the Roosevelt Institute, asks the question “Can the rules of America’s economy be rewritten to benefit everyone—not just the wealthy?” The answer, he insists, is yes.
The objective analysis and evaluation of an issue in order to form a judgement: "professors often find it difficult to encourage critical thinking among their students")
October 20, 2015
Authors: Christopher R. Huber and Nathan R. Kuncel, both of the University of Minnesota-Twin Cities
Publication: Review of Educational Research, a journal of the American Educational Research Association
Summary: Educators, policy makers, and employers all want colleges to teach students critical-thinking skills, but are colleges succeeding in doing so? To answer that question, the study’s authors analyzed 71 research reports published over the past 48 years.
Their conclusion: Yes, despite arguments to the contrary, students’ critical-thinking skills do improve in college
(www.biggareconomics.co.uk study): University of Edinburgh generates £2 billion every year for the Scottish economy, recent figures. £1 fundng generates £9.53. www.heart.co.uk/scotland/news/local/edinburgh-uni-generates-2b-a
A similar economic impact assessment of University College Dublin launched last May showed the university and its students generate an annual economic impact of €1.3 billion in Ireland, and support about 9,000 jobs.
If we choose to attack our opponents before we’ve taken the time to understand them if we prefer denunciations to genuine dialogue … if we seek political victory rather than constructive compromise we will not be able to find solutions to the problems before us. This is the soul-searching plea of today’s idealistic guest. Father John Jenkins is president of the University of Notre Dame. Reverend, professor of philosophy, and a member of the Commission on Presidential Debates. Jenkins celebrates his tenth year at the helm of the university.
See "READ FULL TRANSCRIPT"
EUIMA “Collaborative research” was a two-year project which contributed to the development of monitoring tools and indicators for the assessment of university-based collaborative research. In addition, the project aimed at identifying the necessary requirements and adjustments that universities needed to make in terms of human resource profiles (researchers, managers, etc.) to take forward and support the development of collaborative research and increase the attractiveness of university careers, both in research and in managing the partnership.
The project built on experience from previous and current EUA work looking at building strong relationships between universities and industry for doctoral education and the professional insertion of PhD holders (DOC-CAREERS & the current project DOC-CAREERS II) as well as at the exchange of best practice in collaborative research through the Responsible Partnering Initiative. Following the EUA study “Regions of Knowledge”, the project also addressed the specificities of regional contexts.
The EUIMA Collaborative Research Final Project Report:
The two EUIMA Collaborative Research Project Papers:
In his 1961 inaugural address, President John F. Kennedy said “Ask not what your country can do for you — ask what you can do for your country.” (YouTube)
Similarly, U.S. Department of Health and Human Services’ Chief Learning Officer Trina Shields, née Greer, asks the leaders and employees inside and outside of her organization not what learning can do for them but what they can do to promote each other’s growth and development.
To do so and remain under budget, the department had to look outside. Shields created “Higher Education @ Work,” a partner model that connected HHS with 22 universities. Instead of relying solely on departmental programs, employees can access certification and degree programs with tuition discounts. This eases HHS learning delivery costs and increases the level of education its workforce can receive.
“Most agencies were afraid to ask universities for savings and discounts,” Shields said.
It is unethical and untenable for universities, that seek to advance global development and health, to invest in the fossil fuels that cause climate change, say a group of 2,000 researchers at Academics Stand Against Poverty (Wikipedia)
That statement from, Academics Stand Against Poverty (Asap) – a global group of about 2,000 researchers who study poverty and development– urges universities to follow the lead of institutions like Stanford, Syracuse and Glasgow that have all committed to divest from fossil fuel holdings.
Voilà pourquoi il faut une économie où on peut facilement créer de nouveaux secteurs, démarrer de nouvelles choses, car c’est cela qui compense les destructions d’emplois dans les secteurs devenus obsolètes. Mais pour cela, il faut à la fois de la flexibilité sur le marché des biens et services et sur le marché du travail, un système de formation qui permettent a tout moment aux individus de facilement rebondir d’un emploi à un autre, et des structures d’incubation où interagissent en permanence chercheurs universitaires, entreprises innovantes, et financiers de l’innovation.
Most physicians already seeing health effects of climate change in patients, survey finds: http://t.co/4aXKvoRefk— Yale Environment 360 (@YaleE360) January 9, 2015
The Bank of England governor has warned that ‘stranded assets’ are a growing risk for fossil fuel companies
Offshore wind more profitable than oil and gas drilling on U.S. East Coast, report says: http://t.co/jEPA5K2F06— Yale Environment 360 (@YaleE360) January 14, 2015
California still in serious widespread drought, despite recent heavy storms: http://t.co/jJMRfOIdp7— Yale Environment 360 (@YaleE360) January 13, 2015
What do Americans think about global warming? http://t.co/XxNr8VxpxV— Yale Environment 360 (@YaleE360) January 14, 2015
And, unfortunately, that’s the good news.
If nations want even a 50 percent chance of avoiding dangerous global warming, they’ll need to keep more than 80 percent of current coal reserves in the ground. And in the United States, more than 90 percent of coal reserves would need to stay buried, according to a new study from University College London.
...In this new paper, published Wednesday by the journal Nature, researchers tighten the focus of this global carbon budget by breaking the global numbers into regional ones...
...In the Middle East, producers would have to forego 38 percent of their oil and 61 percent of their gas. China and India would close off 66 percent of their coal. Former Soviet states would keep 94 percent of their coal underground...
And, unfortunately, that’s the good news.
...The above estimates assume that power plants and industry will be able to capture and hide much of their carbon dioxide beginning in 2025. Without that rosy assumption, idled coal reserves jump to 95 percent in the U.S., 77 percent in China and India, and 97 percent in the former U.S.S.R. And these numbers may be the safer bet
November 6, 2015, Professor Dennis J. Snower (born 14 October 1950) is an American economist and President of the Kiel Institute for the World Economy and Professor of Economics at the Christian-Albrechts Universität zu Kiel.
Are economists superfluous? Since the last financial crisis a debate has raged as to whether economists still have much relevant insight to offer citizens and politicians alike. Even German Chancellor Angela Merkel recently called upon economists at the meeting of Nobel laureates in Lindau to deliver more practical recommendations to policymakers and to revise their conceptual structure of what is described as economic success. Economics is now in the defensive, in a predicament of its own doing.
The criticism is paradoxical. Economics still is hugely influential: most public policy—ranging from employment to social policy, from environmental to resource policy, from monetary to fiscal policy or health policy—is firmly based on mainstream economic assumptions. The way in which most economic phenomena—inflation, unemployment, growth, inequality, etc.—are treated in the media and public discussion also relies implicitly on the paradigms to be found in economics textbooks.
In response to this paradox—widespread dissatisfaction with economics and widespread dependence on mainstream economic thinking—I claim that economics needs to change in one profound way: the domain of “economics” must change, that is, the content of what is considered to be economics must be redefined...
As part of his research career, he originated the insider-outsider theory of employment and unemployment with Assar Lindbeck, the theory of high-low search with Steve Alpern, and the chain reaction theory of unemployment and the theory of frictional growth with Marika Karanassou and Hector Sala. He was a seminal contributor to the macroeconomics of imperfect competition, and has published extensively on labor economics, macroeconomic theory and policy, and the design of welfare systems. He has recently proposed a new explanation of the inflation-unemployment tradeoff.
The Kiel Institute for the World Economy (Institut für Weltwirtschaft, IfW) is an economics research center and a think tank that is located in Kiel, Germany. In 2013, it was ranked as one of the top 20 research centers in the world for International Trade and one of the top four think tank in the world for economic policy. With more than four million publications in printed or electronic format and subscriptions to 31,970 periodicals and journals, the Institute has the world's largest specialist library for economics.
EU migrants in UK pay £20bn more in taxes than they receive
New CReAM research shows that European immigrants to the UK have paid more in taxes than they received in benefits http://t.co/hVkcbf5KmC— CReAM (@CReAM_Research) November 5, 2014
"Mary Robinson: Why Europe needs to set the pace on climate change", Irish Times, October 20, 2014
Opinion: The importance of acting now cannot be overstated: every euro spent on fossil fuels today condemns parts of the world to hurricanes, drought and infectious diseases
The meeting of the European Council – the gathering of the EU member states – in Brussels on Thursday and Friday will lead to a decision that will have far-reaching consequences. The summit is expected to see the adoption of a new framework for Europe’s climate and energy policy, including a set of targets for 2030 to cut our greenhouse gas emissions, boost renewable energy use and reduce overall energy use. These pledges matter, for Europe and the international community.
Mary Robinson, former president of Ireland, is the United Nations secretary-general’s special envoy on climate change and a member of the European Climate Foundation’s advisory board
"The future is green for business schools", FT Soapbox, October 5, 2014
Business education needs to be more integrated, more interdisciplinary and more oriented towards thinking about the bigger “system-level” picture. A second order level of thinking is required. Moving beyond the direct relationship between action and value, business schools must offer education that addresses the complex systemic challenges we are all facing.
New organisational forms have evolved in Europe. My own organisation, Climate-KIC, is Europe’s largest public-private partnership with more than 230 partners drawn from prestigious universities, research institutions, blue-chips and SMEs. The EU created the KICs to address the innovation challenge of Europe and make existing models obsolete. These organisations are creating new knowledge and will be a stimulus for business schools to evolve and change.
...As reported last week in University World News, the EUA also used the occasion to launch the 2014 edition of its Public Funding Observatory report , which monitors the evolution of public funding to higher education institutions in nearly 30 European countries...
Prompted by the 20th anniversary of Investing in Health, the World Bank's 1993 World Development Report (WDR 1993), an independent commission of 25 renowned economists and global health experts from around the world came together from December 2012 to July 2013 to revisit the case for health investment. The commission was chaired by Lawrence Summers, the Chief Economist at the World Bank responsible for choosing global health as the focus of WDR 1993, and co-chaired by Dean Jamison, lead author of WDR 1993. The commissioners aimed to reconsider the recommendations of WDR 1993; examine how the context for health investment has changed in the past 20 years, and develop an ambitious forward-looking health policy agenda targeting the world's poor populations.
The commission's report, Global Health 2035: A World Converging within a Generation, was published in The Lancet on December 3, 2013 and launched on the same day at events in London, Tunis, and Johannesburg. View the video of the London Launch Symposium...
UN is asking for donations towards the Ebola fund, which is running dry. http://t.co/1pxATnq3OX— NYTimes Health (@nytimeshealth) October 16, 2014
Other ways to help in efforts to stem Ebola’s tide: http://t.co/B4oDeuZ5TT— NYTimes Health (@nytimeshealth) October 16, 2014
October 1, 2014
All German Universities will be free of charge as of this year...
Andrei's background is in geophysics, and he published his first scientific paper when he was still an undergrad; now, his main focus is on how geology and geophysics can be applied to understand and protect the environment. Feeling that there is a gap between scientists and the general audience, he started ZME Science - and the results are what you see today.
Universities across four continents are rolling out a revamped economics curriculum, after students protested that conventional academic courses failed to grapple with the problems befalling the global economy.
Since the financial crisis, student groups have attacked economics departments for failing to deal with the world’s most pressing social issues, including inequality and global warming. They have also criticised professors’ reluctance to teach a range of economic theories, with courses instead focusing on neoclassical models which they claim do little to explain the 2008 meltdown.
The protest has won the backing of prominent economists, including Joseph Stiglitz, a Columbia University academic, and Andy Haldane, chief economist at the Bank of England. Its supporters believe that the exposure to a wider range of approaches is necessary if the next generation of policy makers is to avoid the mistakes made in the run-up to the crisis.
Faculties in London, Paris, New York, Boston, Budapest, Sydney and Bangalore will aim to address these complaints this academic year by road-testing a new syllabus from the CORE project, led ...
Why (and how) The CORE Project is open-access http://t.co/lLhJXhi7uQ— INET CORE Project (@inetcoreteam) September 9, 2014
SAN FRANCISCO (June 4, 2013) - The University of San Francisco (USF) announced today that it has selected the San Francisco Free Clinic to receive the 2013 University of San Francisco California Prize for Service and the Common Good. Focused on community wellness, the San Francisco Free Clinic provides free, accessible medical treatment to those without health insurance, while also advancing the field of primary care by providing educational opportunities for future medical practitioners
Stanford Business Books (July 30, 2014)
"At a time when we are questioning the ROI of universities, this book pulls back the covers to help everyone understand the critical roles that these institutions can play in our economy. Ease of navigation and transparency are lessons that all universities should take seriously. This book underscores why the implementation of those ideals is not for the faint of heart."—Lesa Mitchell, Vice President, Ewing Marion Kauffman Foundation
Today, universities around the world find themselves going beyond the traditional roles of research and teaching to drive the development of local economies through collaborations with industry. At a time when regions with universities are seeking best practices among their peers, Shiri M. Breznitz argues against the notion that one university’s successful technology transfer model can be easily transported to another. Rather, the impact that a university can have on its local economy must be understood in terms of its idiosyncratic internal mechanisms, as well as the state and regional markets within which it operates
To illustrate her argument, Breznitz undertakes a comparative analysis of two universities, Yale and Cambridge, and the different outcomes of their attempts at technology commercialization in biotech. By contrasting these two universities—their unique policies, organizational structure, institutional culture, and location within distinct national polities—she makes a powerful case for the idea that technology transfer is dependent on highly variable historical and environmental factors. Breznitz highlights key features to weigh and engage in developing future university and economic development policies that are tailor-made for their contexts.
August 28, 2014, www.entrepreneur.com/article/236912
But a new list from PitchBook shows that a college education isn’t always a hindrance to launching a high-growth company, especially if you attend Stanford University. The California-based private college has once again topped PitchBook’s Top Universities for VC-backed Entrepreneurs. The research firm reviewed its venture-capital database of more than 13,000 founders and ranked each school by the number of graduates who went on to launch venture-backed companies over five years ending August 2014. It also calculated the total number of startups founded by a college’s alumni and total capital raised from each institution.
Stanford alumni led the pack with 378 founders. PitchBook counts a total of 309 companies originating from Stanford grads, all raising a total of $3.5 billion in venture capital.
Jueves 4 de Setiembre, 09:15 - 10.15
La Gestión del Conocimiento ¿Cómo y Para Qué?
APERHU y CENTRUM Católica, ambos líderes indiscutibles en gestión de personas, proponen al país una mirada hacia afuera, para conocer las mejores prácticas en el mundo sobre la gestión de personas, y una mirada hacia adentro, para evaluar lo que sucede en el país y obtener una propuesta que logre en nuestras empresas laboralmente responsables el éxito esperado.
Te esperamos este 4 y 5 de setiembre en la 23° edición del Congreso de Gestión de Personas en CENTRUM Católica (Jr.Daniel Alomía Robles 125, Los Álamos de Monterrico – Surco).
en.wikipedia.org/wiki/Richard_Florida is currently a professor and head of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto (not the author of the IMF report)
Pinning down the precise relationship between growth and inequality is a challenge. Some studies reckon inequality is mildly bad for growth. Others suggest the relationship changes as poor countries grow rich, while still others reckon it is the trend in inequality rather than its level that matters.
Research by economists at the International Monetary Fund aims to add clarity to the debate. In a 2011 paper Andrew Berg and Jonathan Ostry argued that it is the duration of spells of growth that is most important for long-run economic performance: getting an economy growing in the first place is much easier than keeping the growth spell rolling. They reckon that when growth falters, inequality is often a culprit. Latin America’s Gini index is about 50, well above that in emerging Asia, which has a Gini of about 40. (A Gini index is a measure of income concentration that ranges from 0, representing perfect equality to 100, where all income flows to a single person.) Were Latin America to close half of that gap in inequality, its typical growth spurt might last twice as long, on average.
Others reckon that it may not be inequality itself that harms growth but rather governments that tax and spend to try to reduce it. In a new paper Messrs Berg and Ostry and Charalambos Tsangarides tease out the separate effects of inequality and redistribution. They turn to a data set put together by Frederick Solt, a political scientist at the University of Iowa, containing Gini indices for 173 economies spanning a period of five decades. Mr Solt provides Ginis for both market income and net income (after taxes and transfers). The difference between the two gives the authors a measure of redistribution (see chart). In America, which does relatively little of it, redistribution trims the Gini index by roughly ten points. In Sweden, in contrast, it cuts the Gini by 23 points—more than half. Using these figures, the economists can separate out the different effects of redistribution and inequality on growth.
Up to a point, spreading the wealth around carries no growth penalty: growth in income per person is not meaningfully lower in countries with more redistribution. But economies that redistribute a lot may enjoy shorter growth spells, the authors reckon. When the gap between the market and net Ginis is 13 points or more (as in much of western Europe) further redistribution shrinks the typical expansion. The authors caution against drawing hasty conclusions. Details surely matter; nationalising firms and doling out profits would presumably be worse for growth than taxing property to fund education.
Inequality is more closely correlated with low growth...
"Inequality and unsustainable growth: Two sides of the same coin?", Andrew Berg and Jonathan Ostry, IMF Staff Discussion Note, April 2011.
"Redistribution, inequality, and growth", Andrew Berg, Jonathan Ostry, and Charalambos Tsangarides, IMF Staff Discussion Note, February 2014.
"Inequality, the Great Recession, and slow recovery", Barry Cynamon and Steven Fazzari, January 2014.
Andreas Bergh is associate professor in economics at Lund University and the Research Institute of Industrial Economics (IFN), and author of Sweden and the Revival of the Capitalist Welfare State (Edward Elgar, Sep 2014). (blog: www.thecapitalistwelfarestate.com-About)
SWEDEN continues to be one of the countries others look to for an answer to this fundamental question of our times: how can a country successfully combine increasing prosperity with a relatively egalitarian distribution?
For a period of about 100 years, from 1870 to 1970, Sweden managed to combine a wealth-generating capitalist economy with increasing equality. This remarkable development has led to the common misunderstanding that Sweden somehow shows that socialism can work. As I document in a new book, Sweden was not very socialist when prosperity accelerated. Swedish taxes were as low as those in the US (or even lower) until around 1960. It would be more correct to use Sweden as an example of how capitalism fosters prosperity...
“The exam was in Spanish and based on the Spanish educational system, with parts of it on Spanish literature, so it was very hard for overseas students to pass,” said Antonio de Castro Carpeño, dean of undergraduate studies at IE University, a private institution based in Segovia and Madrid.
Why we should abandon shareholder capitalism and return to stakeholder capitalism: http://t.co/JSsJKgDtu8— Robert Reich (@RBReich) August 10, 2014
A new study (PDF, 42 pages) scheduled to be published in this fall by Princeton’s Martin Gilens and Northwestern University’s Benjamin Page confirms our worst suspicions.
Gilens and Page analyzed 1,799 policy issues in detail, determining the relative influence on them of economic elites, business groups, mass-based interest groups, and average citizens.
Their conclusion: “The preferences of the average American appear to have only a miniscule, near-zero, statistically non-significant impact upon public policy.”
But if we give up on politics, we’re done for. Powerlessness is a self-fulfilling prophesy.
The only way back toward a democracy and economy that work for the majority is for most of us to get politically active once again, becoming organized and mobilized.
We have to establish a new countervailing power.
My lecture on inequality at Aspen Ideas Festival -- to top 1%, who need to understand what's at stake: http://t.co/EKTsb8dkLZ— Robert Reich (@RBReich) July 1, 2014
$650M gift to @broadinstitute should be a lesson for all universities in what can happen when people are allowed to break traditional molds— Lawrence H. Summers (@LHSummers) July 23, 2014
On Tuesday, July 22, at 10:00 am ET the Broad Institute of MIT and Harvard made a groundbreaking announcement: philanthropist Ted Stanley has made a commitment of $650 million to galvanize scientific research on psychiatric disorders and bring new treatments based on molecular understanding to hundreds of millions of people around the world.
The Stanley commitment – the largest ever in psychiatric research and among the largest for scientific research in general – will support research by a collaborative network of researchers within the Stanley Center for Psychiatric Research at the Broad Institute, a biomedical research institution that brings together faculty from MIT, Harvard University, the Harvard-affiliated hospitals, and collaborators worldwide...
The writer is Charles W Eliot university professor at Harvard and a former US Treasury secretary
... ... Would American government function better if presidents were limited to one term, perhaps six years long? It is an issue worth debating. The historical record makes the case for change.
The reason against such a change is suggested by the term...
The BC3, Basque Centre for Climate Change, has been ranked second place in the Climate Think Tank Ranking, ahead of 293 public and private organisations working in the field of climate change economics and policy.
BC3 es un centro de investigación multidisciplinar que fue creado en 2008 en el marco del programa BERC del Gobierno Vasco y apoyado por la Universidad del País Vasco, con el objetivo de fomentar la excelencia en la investigación a largo plazo de las causas y consecuencias del cambio climático.
Singapore is pushing towards becoming the world’s first Smart Nation; one that is able to use technology to enhance transport, healthcare and other public services – that will improve the quality of life for individuals; productivity for businesses; and, enhanced Government services to better serve and empower citizens. The use of data sciences and analytics is at the heart of the Smart Nation. As Singapore moves to become a Smart Nation, data sciences and analytics professionals are needed by businesses, government and ICT companies to leverage exponential data growth for productivity, competitiveness and growth.
To complement the development of Singapore manpower for Data Sciences & Analytics, the Infocomm Development Authority of Singapore (IDA) will be piloting a Data Sciences training course with Coursera, a leader in providing Massive Open Online Courses (MOOCs) with high-quality learning content and accessibility to international participants. The pilot will tap on Coursera’s Data Sciences specialisation track that is provided by Johns Hopkins University.
...I hasten to disclose that as the principal inventor of the NuVal system...
But even among good systems, NuVal is a stand-out. A study conducted at McGill University, and now in press, shows how much more efficiently NuVal, using a single number, reliably informs more nutritious choices as compared to the confusing profile offered by a traffic light system. The higher the number, the more nutritious the food is hard to beat for simplicity.
The data backing up the NuVal system are unique as well. It is the first and to date only nutrient profiling system shown to correlate directly with both the rate of total chronic disease, and all-cause mortality. In a Harvard study of over 100,000 people, higher average NuVal scores meant a lower likelihood of heart disease, diabetes, obesity, or dying prematurely from any cause over a 20-year period of observation.
NuVal does not penalize total fat. Rather, it scores particular fats on their particular merits. Monounsaturated fats and omega-3 polyunsaturates are rewarded. Trans fat is penalized quite harshly, as it deserves. And saturated fat is handled based not on the currently prevailing hype, but on the basis of the weight of scientific evidence.
June 2, 2014
Around 60 University of Oxford academics have used an open letter to demand the institution stops investing in fossil fuel companies.
Among the 64 signatories so far are Lord May of Oxford, former chief scientific adviser to the UK government and Gordon Clark, current director of the Oxford Smith School of Enterprise and the Environment.
Henry Shue, professor of politics and international relations at Oxford, and one of the letter’s signatories, said: “We at Oxford like to claim the mantle of intellectual leadership…here is our opportunity to display genuine leadership when it counts.”
“We know about housing bubbles. Now we have a carbon bubble, a bubble of unreal value. It is too risky to own shares in this bubble..."
In an open letter to the university’s vice chancellor, the academics urge the world-renowned institution to join the fight to stop climate change by "ridding its £3.8 billion endowment of investments in fossil fuel companies".
The letter says that Oxford has a “responsibility to show leadership in tackling one of the greatest challenges we as a society currently face”.
The Intergovernmental Panel on Climate Change’s (IPCC) recent report concluded that carbon-intensive energy production was the single biggest contributor to global warming.
Energy companies continue to search for new fossil fuels reserves, despite warnings from the IPCC that 80% of the reserves such companies have already claimed must never be used if dangerous climate tipping points are to be avoided.
Recent analysis by the thinktank Carbon Tracker warned that as much as $1.1 trillion (£650 billion) of investors’ money is currently at risk as a result of this.
May 6, 2014
The Fed study looked at the monetary value of a college degree, not its cost, which has soared in recent years. But the value certainly adds up. What’s the bottom line? Fed researchers write: