The University of Cambridge announced plans Thursday to divest from all direct and indirect investments in fossil fuels by 2030 as part of a universitywide plan to cut net greenhouse gas emissions to zero by 2038. 

Cambridge, which has a 3.5 billion pound (about $4.5 billion) endowment fund, said it would increase investments in renewable energy at the same time it divests from fossil fuels.

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Read more: insidehighered.com