Unions Not Sold on Divesting Pension Systems’ Fossil-Fuel Stock Holdings

December 22, 2017

The Chief

Bob Hennelly


A proposal in Albany to have the state pension system divest from fossil-fuel stocks is getting pushback from unions that fear doing so would be a real money-loser.

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Cuomo on collision course with state comptroller over fossil fuel fight and pension fund

Spectrum News NY1

Zack Fink


With an eye on the environment, Gov. Andrew Cuomo would like to divest the state's pension fund from fossil fuels. But Cuomo has no control over how public employee pensions are invested, setting him on a collision course with the man who does control New York's investments: State Comptroller...

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