5529698153ab13dd4efff65c_IPAA.png
February 15, 2018

In this week’s State of the City address, Mayor Bill de Blasio touted the city’s effort to divest, stating: “We are not going to ignore this crisis; we are going to address it ourselves. And while we take positive steps to protect our Earth, we’re also going after the big corporations who caused this mess …

February 7, 2018

A recent nine-page report published in Ecological Economics uses shaky methodology to claim that fossil fuel divestment would not lead to financial costs for a portfolio, alleging instead that energy stocks provide “limited” diversification benefits and “do not outperform other stocks on a risk-adjusted basis.” This conclusion, of course, is in stark contrast to the …

February 7, 2018

During this year’s New York State Employee Conference one message came through loud and clear: New York State public employees do not want their pension fund to bear the cost of a misguided fossil fuel divestment scheme.   Lucky for them, their pensions are under the watchful eye of State Comptroller, Tom DiNapoli, who – in …

January 31, 2018

A new op-ed in The Hill details the many reasons why pension funds and universities have been — and should continue to— steer clear of a fossil fuel divestment policy.  Signed by Jeff Eshelman of the Independent Petroleum Association of America, the piece not only highlights how fossil fuel divestment conflicts with a manager’s fiduciary …

View More Blog Posts ›