Blog Archive: International Archives - Bright Now

19

Jan

2018

New York City takes the lead on fossil fuel divestment

The Statue of Liberty in New York.

In a significant step forward for the divestment movement, New York City announced last week that it will divest its city pension funds from the fossil fuel industry.

At the same time, the city announced a lawsuit against five of the biggest oil and gas corporations for the damage caused by climate change, following the devastation caused by Hurricane Sandy in 2012. Read more