oil and gas

  • New York State Just Set a New Standard for Fossil Fuel Divestment

    New York State Just Set a New Standard for Fossil Fuel Divestment

    After an eight-year fight to get New York to divest its $US226 ($305) billion pension fund from fossil fuels, activists have won a major victory. On Wednesday, New York Comptroller Tom DiNapoli announced the state will take a systematic approach to ensure the third-largest pension fund in the U.S. divests from fossil fuels by 2025.