New York Becomes The First State To Divest From Oil And Gas
New York state announced plans on Wednesday to eject oil and gas stocks from its $226 billion financial portfolio, becoming the first U.S. state and the biggest pension fund anywhere to divest from fossil fuels. By 2025, the New York State Common Retirement Fund, which disburses some $1 billion in benefits to retirees each year, will… Read more…
