It’ll be interesting to see if this affects the school’s investment returns.

The Huffington Post reported.

Georgetown Becomes The Latest University To Divest From Fossil Fuels

Georgetown University’s board of directors voted last Thursday to end the university’s direct investment of endowment funds in companies whose primary business is mining coal, making it the latest university to divest from fossil fuels — although critics say the move doesn’t go far enough.

The Georgetown resolution comes amid an international movement known as Go Fossil Free, in which climate activists are urging various institutions to end their investment in coal, oil and natural gas because of the central role they play in climate change. Thirty-two colleges and universities have pulled their investments from fossil fuels since 2011. The Rhode Island School of Design announced earlier this month that it plans to divest from all fossil fuels over the next two years.

Some of those institutions have elected to divest conservatively, focusing only on coal, such as Stanford, the University of Maine, the University of Washington and now Georgetown. Coal-fired power plants are the largest source of carbon dioxide pollution, a major cause of global warming.