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18 September 2018

New York City moves to divest: First in-depth case study on the fossil fuel divestment decision

For New York City (USA), fossil fuels are no longer the future. On 10 January 2018, Mayor Bill de Blasio announced the city would divest its pension funds from fossil fuel interests within five years. With the largest municipal pension fund in the USA, valued at USD 194 billion, this move positions ...