New York’s Massive Pension Fund is Dropping Fossil Fuel Stocks
Posted on 12/10/2020
New York State Comptroller Thomas P. DiNapoli for some time avoided a sell-off of fossil fuel stocks for the New York State Common Retirement Fund, which has around US$ 226 billion in assets. DiNapoli is the pension fund’s sole trustee. The reason for the delay was to protect the taxpayer-guaranteed retirement savings of 1.1 million […]
