An analysis by MassDivest makes a case for fossil fuel divestment based on financial rather than moral grounds.
As colleges and universities divest from fossil fuels, investments in clean energy have not been as quick to catch on, in part because of unpredictable changes in government policy.
The legislation stems from a 2017 dispute over divestment between state regulators and a city retirement system.
The Massachusetts program will offer training and other services to student activists across the country.
The faculty of Middlebury College will vote on Friday on whether to support a student referendum calling for the Vermont school to divest investments in the fossil fuel industry from its more than $1.1 billion endowment.