In the News
Public Pensions Prepare To Torpedo De Blasio’s Lofty Oil Divestment Push
The Daily Caller
Chris White
Labor unions are pushing back against New York City Democratic Mayor Bill de Blasio’s proposal to strip billions in oil assets from the city’s pension fund, according to a Thursday Politico report. New York’s five largest pension boards are savaging de Blasio’s bid to drop Big Oil. The police pension...
Read MoreIn the News
Divesting from Big Oil a tough sell — even in the bluest cities and states
Politico
Danielle Muoio
NEW YORK — National environmental advocates flanked Bill de Blasio in January as the mayor announced the first steps toward stripping $5 billion in New York City pension fund investments from Big Oil. Fossil fuel corporations have profited from “horrible, disgusting” practices, de Blasio said, and New York has...
Read MoreIn the News
New York City, Albany Part Ways on Divesting Fossil-Fuel Stocks
Bloomberg
Eric Roston
When it comes to climate change, the people who oversee the New York City and State pension investments agree that the threat to people and property is real. But that’s where the comity ends. New York State Comptroller Thomas DiNapoli prefers to use his leverage as a large shareholder...
Read More