On Mother Earth Day, Call Comptroller DiNapoli and tell him to Divest from Fossil Fuels and Invest in a Sustainable Future (518) 474-4044
By maintaining public funds in fossil fuel companies, New York State is investing in accelerating the climate crisis. New York State's Common Retirement Fund is one of the largest institutional investors in the world and it currently has significant investments in fossil fuel companies, including Exxon and Chevron, who are heavily involved in hydrofracking and are among the worlds heaviest polluters. Investment in fossil fuels is a bad decision for taxpayers, pensioners, and the planet.
We formally request that no tax dollars held within the Comptroller’s Office promote climate disruption, environmental degradation and human suffering.
We call upon our Comptroller to:
1. Immediately freeze any new investments in fossil fuels.
2. Divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
3. Make a concerted effort to fully invest in clean tech, green energy production, retrofitting and infrastructure, which helps the environment, people and the economy.