This week in New York, the UN Climate Summit is underway, and the Rockefeller Foundation made news with the announcement that it will divest close to a billion dollars from fossil fuels. Here in Austin, University of Texas President Bill Powers gave his State of the University address. But in contrast to the news from New York, Powers thanked “heavens” for the oil wealth provided to UT by its land holdings, and celebrated the fracking revolution as “good news” for the University

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