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Editor’s Note: Physicist Luboš Motl’s take on the lefties divestment campaign at MIT/Cambridge and his views on catastrophic global warming, consensus science, and adaptation.
ChomskyTogether, Aaronson, Chomsky, and 79 other “luminaries” have signed under the MIT faculty divestment petition. I don’t think that it’s a big deal if MIT eliminates the fossil fuel companies from its endowment. Most investors don’t have any fossil fuel companies, either, and whatever they have, they may switch from one sector to another.
The campaign is clearly meant to be a theater analogous to the Night of Broken Glass. During the night of 9-10th of November 1938, the Third Reich saw omnipresent pogroms against the Jews and their property. Aaronson, Chomsky, and pals want to do the same thing to the companies providing us with the most abundant and cheapest source of energy as of today, the fossil fuel companies. These Luddites would like to delegitimize this sector of the economy, hurt it, and ultimately destroy it.