OPINION: University administrators should reject calls for fossil fuel divestment
Many institutions of higher learning are taking a wrong turn in embracing calls for divestment from the fossil fuel industry.
Radicalized students, faculty, and officials at universities across the country are demanding administrators divest school endowments from profitable oil companies such as Exxon Mobil, Conoco Phillips, and others.
Although it is unclear how many of these schools have, or actually will divest, one thing is clear. If schools pursue investment strategies based of the feelings of their most radicalized students, faculty and administrators, the consequences could be disastrous.
Already cash-strapped schools cannot afford to search for, and then take-on less profitable investments that may, or may not, fit the narrow moral definitions of leftist members of their communities.
Most schools utterly depend on these investments to maintain crucial infrastructure, fund faculty chairs, and financially support students who may not otherwise be able to afford to go to college.
Financial administrators at campuses across the country should stand strong against the tides of irrational rhetoric and continue to act in the best interest of their college communities by calls for rejecting oil divestment.
Gabriella Hoffman is a Regional Field Coordinator at The Leadership Institute where she is tasked with identifying, recruiting, and training young conservatives on college campuses. Follow her on Twitter: @Gabby_Hoffman