Opinion: Harvard’s investment in land and natural resources
For rural communities in the central coast region of California, the name “Harvard” does not connote excellence. For these communities, where water is scarce and becoming scarcer, it evokes greed and exploitation. As California takes its first steps to regulate groundwater in the midst of a worsening water crisis, Harvard’s endowment fund is investing millions into vineyards that pump inordinate amounts of water from California’s critically overdrafted groundwater basins.