To: NYS Comptroller Mr. Thomas DiNapoli and NYS Comptroller's Office
Divest NYS's Common Retirement Fund ($164 billion) from Fossil Fuel Production and Infrastructure
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 sustainable green energy production, infrastructure and clean technologies - which help the environment, people and the economy.
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 sustainable green energy production, infrastructure and clean technologies - which help the environment, people and the economy.
Why is this important?
All across the earth, plants, animals and people are suffering from climate disruption. Politicians keep debating and thwarting significant climate protection policy, while extreme energy causes rapid, irreversible harm.
Our NY state tax dollars are funding extreme energy production and infrastructure. It is wrong and utterly irresponsible.
As NYS citizens and stakeholders, we affirm and uphold that our tax dollars (held in the NYS $164 billion Common Retirement Fund) should "promote the common good." We do not want our tax dollars to cause climate disruption, environmental degradation and immense suffering.
Investing in fossil fuels is personally affecting millions of NY residents. The vibrant, natural land around our rural, upstate homes, farms and wineries is leased for fracking and targeted for LNG pipeline expansion, storage and transport. NYC is being hit hard by LNG infrastructure. All across the state, land, water and air quality is being threatened and severely impaired.
There is a comprehensive, sustainable, green energy pathway - available now - which is environmentally, socially and financially responsible and prudent.
Our NY state tax dollars are funding extreme energy production and infrastructure. It is wrong and utterly irresponsible.
As NYS citizens and stakeholders, we affirm and uphold that our tax dollars (held in the NYS $164 billion Common Retirement Fund) should "promote the common good." We do not want our tax dollars to cause climate disruption, environmental degradation and immense suffering.
Investing in fossil fuels is personally affecting millions of NY residents. The vibrant, natural land around our rural, upstate homes, farms and wineries is leased for fracking and targeted for LNG pipeline expansion, storage and transport. NYC is being hit hard by LNG infrastructure. All across the state, land, water and air quality is being threatened and severely impaired.
There is a comprehensive, sustainable, green energy pathway - available now - which is environmentally, socially and financially responsible and prudent.