Oddbean new post about | logout
 Oh dear, many of my erstwhile colleagues in #universities have been taking the #fossilfuel firms money (even as the declare they'll disinvest from the sector)...

Its not the first time universities have held their nose & taken the money... but then again if you force institutions into a difficult financial situation, they will become less fussy on where the cash they need comes from.

(Its also worth noting for the sector this really is rather small change)

https://www.theguardian.com/environment/2023/oct/04/uk-universities-take-41m-in-fossil-fuel-funding-since-2022 
 @43d7c4ea 
“Small change” indeed…
From the OBR:

“In 2023-24, we expect fuel duties to raise £24.3 billion.”

Which I think is £66.5M per day 🤔

https://obr.uk/forecasts-in-depth/tax-by-tax-spend-by-spend/fuel-duties/