MIT unveils plan to fight climate change but will not divest from fossil fuels

• University's five-year plan does not include divesting $12.4bn endowment
• MIT president: 'Engagement is the only way to get there'

The Massachusetts Institute of Technology announced a five-year plan on Wednesday to combat climate change but said it will not divest its $12.4bn endowment from fossil fuels, despite pressure from students and a campus committee.

Senior officials at the elite science and engineering research school crafted the "action plan" after a year-long effort to gauge campus opinions on climate change.