Shell has taken a $7.7m ( £6m ) donation from Shell to fund oil extraction technology research. The move appears to be at odds with its recent management plan, which laid out how the university could divest multi-billion pound endowments from fossil fuel companies. A spokesperson for Cambridge Zero Carbon said the university had been “hijacked” by the fossil fuel industry, which was already earning hundreds of millions off Cambridge research breakthroughs. The donation was approved in July but not included in financial disclosures in July that announced other donations. Campaign group Cambridge Zero Carbon said the university is being “hijacked” by fossil fuel interests, but Cambridge University said the donation represents the last gift in a July commitment to fund the magnetic resonance research group.
Shell has taken a $7.7m ( £6m ) donation from Shell to fund oil extraction technology research. The move appears to be at odds with its recent management plan, which laid out how the university could divest multi-billion pound endowments from fossil fuel companies. The donation was approved in July but not included in financial disclosures in July that announced other donations. Campaign group Cambridge Zero Carbon said the university is being “hijacked” by fossil fuel interests, but Cambridge University said the donation represents the last gift in a July commitment to fund the magnetic resonance research group.