Cambridge University to Refuse Funding From Fossil Fuel Companies

The university has committed to reducing its energy-related carbon emissions to zero by 2048.

A combination of file photos shows the logos of five of the largest publicly traded oil companies: BP, Chevron, ExxonMobil, Royal Dutch Shell, and Total. File Photo/Reuters

Cambridge University will not accept new funding from fossil fuel companies, the higher education institution has confirmed.

University executives voted in a council meeting last week to halt funding from fossil fuel businesses and subsidiaries until a review of the donation process is complete.