Open Letter to New York Comptrollers DiNapoli and Stringer:
We want you to do more for our climate future. It’s time to divest New York’s pension funds from fossil fuels. We urge you to direct the six New York State and City pension funds, in total $350 billion, to do the following:
1) Immediately stop any new investments in the top 200 fossil fuel companies.
2) Drop coal, oil, and gas from your investment portfolio by divesting from the top 200 fossil fuel companies, pipeline companies, and fossil fuel funds by 2020.
3) Commit to and prioritize reinvesting at least 5 percent of your portfolio into climate solutions such as, but not limited to, renewable energy, energy efficiency, clean technology, transit, and clean energy access.
Sign petition here to support divesting NY’s pension funds from fossil fuels: https://gofossilfree.org/divest-ny-sandy5/#sign