Harvard Management Company’s head of natural resources Colin Butterfield said that Harvard is “pausing” investments in some fossil fuels at a Business School event Monday. During the discussion on the effects of climate change on investments, Butterfield said that Harvard’s natural resources portfolio will not likely invest in the fossil fuel industry in the future because those funds do not perform that well financially.
Harvard Management Company’s head of natural resources Colin Butterfield said that Harvard is “pausing” investments in some fossil fuels at a Business School event Monday. During the discussion on the effects of climate change on investments, Butterfield said that Harvard’s natural resources portfolio will not likely invest in the fossil fuel industry in the future because those funds do not perform that well financially.