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As De Blasio Touts Climate Change Divestment, NYC's 'Designated Banks' Continue To Invest In Fossil Fuels

As De Blasio Touts Climate Change Divestment, NYC's 'Designated Banks' Continue To Invest In Fossil Fuels In September, months after declaring the city's intention to divest its pension fund from fossil fuels and "sue Big Oil," Mayor Bill de Blasio published an op-ed in the Guardian touting New York City's effort to tackle climate change through sustainable financial policies. Alongside London Mayor Sadiq Khan, he announced the launch of a new global initiative, and encouraged local governments to "use our economic might to accelerate the transition to a low-carbon economy." [ more › ] Gothamist https://ift.tt/2AyOTqe November 29, 2018 at 06:42PM
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