January, 2018 Toggle

Navigating the Complexities of Public Pension Divestment

Fossil fuel divestment activists celebrated on January 10 when Mayor Bill de Blasio announced that the City of New York’s pension funds would divest from fossil fuel companies. Comptroller Scott Stringer mentioned that it had taken two years to arrive at this decision, and that the implementation of a divestment strategy would be “complex”. The complexity Stringer referred to is driven in part by the laws that govern the behavior of...

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