10 Jan '18, 1pm

New York to confirm landmark fossil fuel divestment plan

New York to confirm landmark fossil fuel divestment plan

New York City is to divest its pension funds of fossil fuels assets, in a move that could see the city authorities offload up to $5bn of fossil fuel-related investments. Democratic Mayor Bill de Blasio and Comptroller Scott Stringer are expected to officially announce heavily trailled plans later today, detailing how they expect to deliver the largest divestment by a US municipality. Related articles Plastic-free aisles: May to promise end to 'avoidable' plastic waste by 2042 New York to confirm landmark fossil fuel divestment plan BusinessGreen Leaders Awards 2018 launches with call to celebrate green economy success Kia revs up electric vehicle push 'Breakthrough': Wales First Minister offers 'substantial investment' to help kick-start Swansea Bay Tidal Lagoon "Safeguarding the retirement of our city's police officers, teachers and firefighters is our top priority, and w...

Full article: https://www.businessgreen.com/bg/news/3024162/new-york-ma...

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