5 things we learned from the Ravens' win over the Jaguars

University of Utah

UM foundation's divestment does more harm than good

The Baltimore Sun reported last week on the decision by the University System of Maryland Foundation — which oversees the $1 billion endowment that funds student scholarships — to stop investing directly in fossil fuel companies ("University System of Maryland to direct its endowment away from fossil fuels," June 28). Readers should understand, however, that the decision to "divest" is simply an empty gesture. The foundation "has no direct investments in coal, tar sands, or any companies on the Carbon Undergound 200 list," according to the...