Big Step in the fight against climate change: 3 of the biggest City pension funds ($100 billion-plus) have issued RFI's on fossil fuel divestment. City retiree dollars should not be funding climate destruction. Thank You @NYCMayorsOffice, @NYCComptroller @350NYC @SierraClub
New York's goal to reduce CO2 emissions 80% by 2050 will force a reduction in fossil fuel sales. This dramatically increases the financial risk of fossil fuel investments. Pension funds and others with fiduciary responsibility should be barred from making high risk investments.
