OAKLAND, Calif. (AP) -- A community college district in Northern California has promised to sell its stock in fossil fuel companies, joining a small but growing divestment campaign organized by students around the country.
The Peralta Community College District announced Friday that its board of trustees has resolved to stop investing in companies that produce oil, gas and coal within five years. The district includes four schools _ Berkeley City College, College of Alameda, Laney College and Merritt College _ that enroll about 30,000 people.
Student activists have been pushing the governing boards of the University of California and California State University systems to pull their money out of fossil fuel companies to combat climate change.
Last year, the foundations for the Foothill-DeAnza Community College District and San Francisco State University agreed to divest their endowment portfolios of fuel stocks.