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For divestment advocates, this week has not come as a roaring success. A special committee at The University of British Columbia has voted not to drop carbon-heavy investments from its investment portfolio, choosing instead to retain its approximate $85 million in oil and gas holdings.
To many UBC students and faculty, the move comes as a deep disappointment. In 2015, two referendums showed students and faculty were largely in favour of divestment, with 62 and 77 per cent respectively voting in favour.