350.org: Pandemic & Market Crash Escalates Urgency of New York State Divestment Fight
March 13, 2020
March 13, 2020
NEW YORK, March 13 -- The 350.org issued the following news release:
The recent plunge in oil stocks is costing New York retirees hundreds of millions of dollars because of Comptroller Thomas DiNapoli's refusal to divest the New York State Common Retirement Fund (NYSCRF) from fossil fuels, according to new analysis by 350.org.
The analysis of just 18 tar sands and fracking companies reveal that the fund lost more than $850 million in the past year. The companies had bee . . .
The recent plunge in oil stocks is costing New York retirees hundreds of millions of dollars because of Comptroller Thomas DiNapoli's refusal to divest the New York State Common Retirement Fund (NYSCRF) from fossil fuels, according to new analysis by 350.org.
The analysis of just 18 tar sands and fracking companies reveal that the fund lost more than $850 million in the past year. The companies had bee . . .