New York to confirm landmark fossil fuel divestment plan

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 The City cites climate change as its reason for divestment. Credit: Skeeze, Pixabay
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The City cites climate change as its reason for divestment. Credit: Skeeze, Pixabay

City authorities could shift billions of dollars from fossil fuel funds in latest victory for divestment movement

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...

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