The Daily Collegian Online	 - Published independently by students at Penn State OPINIONS
[ Friday, Feb. 9, 2007 ]

Letter to the Editor
Penn State must go green in order to help finances

This is in response to the editorial concerning campus sustainability, "Mediocre grade misleading" (Feb. 5).

While I do think Penn State should be commended for its progress in more visible areas, I find that it is still a cause for concern that the university performed so poorly on sustainable financial issues.

Penn State keeps much of its financial practices hidden and out of the public's watchdog eye.

Because of that hiding, it remains hard to hold the university accountable for its financial actions.

Penn State only invests for profit.

That means the institution may be pouring money into enterprises or industries that counteract the sustainability measures the university has so visibly pursued, which is a problem.

As the report suggests, universities are in a position to invest in progressive technologies and innovations because they work with "extremely patient" capital over an investment horizon that is essentially limitless.

It seems as though Penn State is only interested in sustainable practices that will be visible and appear in the public eye.

I urge the university to seek green financial practices as well.

One way it might do this is to more fully support the Center for Sustainability.

Penn State has been reluctant to fund the center despite its vast unexplored research potential.

Daniel Herd
senior - English
 



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