New York State officials are poised to decide whether to sell off more than $1 billion in investments in major oil companies, in what could be one of the most consequential steps by a large institution to divest from fossil fuels. With an announcement expected within weeks, some climate activists are calling on the manager of the state’s largest pension fund to blacklist ExxonMobil, Chevron and other leading oil companies from its portfolio.
Will New York State Divest From Big Oil?
9 months ago
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