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Stanford will not divest from fossil fuels, Board of Trustees decides

$7 billion annual budget also approved

The Board of Trustees has decided not to divest from publicly-traded oil and natural gas companies, despite calls to do so from students, some faculty members and the group Fossil Free Stanford, Board Chair Jeff Raikes ’80 told The Daily. The Board also approved a $7 billion annual budget for the next fiscal year. The…
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