On Wednesday, the University of Colorado Board of Regents finance committee heard two presentations about withdrawing the system’s investments away from fossil fuels.

There were two opposing viewpoints presented. Tom Sanzillo, the director of financial analysis at the Institute of Energy Economics and Financial Analysis, spoke in favor of divestment from fossil fuels and made a financial case for it. Nick Loris, vice president of public policy at C3 Solutions, argued divestment is ineffective and counterproductive.