Connect with us

Hi, what are you looking for?


Green Economy

University Of Hawaii Completely Divests From Fossil Fuel Investments

The global fossil fuel divestment campaign continues apace, with the University of Hawaii agreeing to divest from coal, oil, and gas companies, making it the largest university to do so.

The University of Hawaii Board of Regents voted this week to divest the University’s $66 million endowment, following a report provided by a University-appointed group tasked with investigating the complete divestment from fossil fuels.

UoH-1“The board approached its discussion on divestment with the spirit of collaboration,” said UH Board of Regents Chair Randy Moore. “The divestment task group was comprised of faculty, students, administrators and board members.  The result was a superb collaborative effort and the final outcome represented the best of shared governance.”

The Task Group on Divestment and Sustainability made several recommendations, primarily, a recommendation towards divesting from fossil fuels as well as a second proposal reinforcing the University’s commitment to sustainability.

According to the Task Group, “divestment can and should occur … in a manner that will maintain the Board’s investment criteria while … maintaining reasonable fee levels.” The reality of their decision is clear, as well, with the Group noting that “the act of divestment will not directly result in the reduction of CO2 emissions.”

“However,” as the Task Group continued in its report (PDF), “the value of divestment is to galvanise the University community as well as the greater community to take action to invest in the production of alternative energy (such as wind and solar), to make energy-saving investments, and to change institutional as well as individual behaviours.”

The news comes hot on the heels of divestment plans announced by British universities Oxford and Edinburgh, as well as French insurance giant Axa.

Image Credit: “Regents, divestment task group and Divest UH supporters celebrate UH fossil fuel divestment”, via University of Hawaii

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.


You May Also Like

Fossil Fuels

As we look for methods to spend in a greener way, we buy more sustainably or invest so that we that don’t reward companies...

Clean Power

Recently, I had the great pleasure to sit down with one of my longtime heroes, Henk Rogers, a true climate champion, to talk about...


Hawaii is struggling to convert to renewable energy and has created an innovative residential battery storage sharing program to help make that happen.


The new buzz expression for Australian mining companies that are leaving fossil fuel assets behind to chase greater profits is: “future facing commodities.” No...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.