“New York City’s largest pension funds have voted in favor of dumping fossil fuel investments, selling off an estimated $4 billion in holdings.” Yes! independent.co.uk/environmen…

NYC pension funds to divest $4bn from fossil fuel industry

It is expected to be one of the largest divestments from the oil and gas sector so far

independent.co.uk

Jan 26, 2021 · 1:07 PM UTC

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Replying to @marwilliamson
No, Marianne, not fossil fuel companies, energy companies. This will slow the transition you seek. If you take investment from energy cos. they cannot invest in renewables. This is counterproductive.
Replying to @marwilliamson
Be careful taking financial advice from Bill Diblasio. FF demand isn’t going anywhere, for fuel and for everything from my new underpants to the roads I drive on.
Replying to @marwilliamson
Stupid, got thus idea for Timmermans and Verhofstad? It's just shifting money, gas nothing to do with climate. Check how mutch climate distruction comes with producing windmills and solar panels.
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Replying to @marwilliamson
These gigantic cities drain the life blood out of the rest of the world.
Replying to @marwilliamson
This is great news!
Replying to @marwilliamson @drlorileeoates
Slow but sure. It’s happening.
Replying to @marwilliamson
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Replying to @marwilliamson
Selling off to who?
Replying to @marwilliamson
Should have done it a year ago, green energy mutual funds have been on a tear since 2019.