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April 13, 2018

This week administrators at NYU and Middlebury College stood their ground against student activists demanding fossil fuel divestment.  In both instances their reasons were simple and straightforward; fossil fuel divestment will decrease investment returns and damage the endowment, a realization the Chief Investment Officer for the New York City Retirement System came to this week …

April 12, 2018

While New York City Mayor Bill de Blasio continues to recklessly push for divestment of New York City’s public pension funds, the Chief Investment Officer of the New York City Retirement System (NYCRS) is throwing cold water on the idea.  Yesterday, during a Pension Bridge Conference panel discussion, Scott Evans, New York City deputy comptroller …

April 10, 2018

For the second time in recent memory, activists are hailing actions taken by the University of California (UC) system as “divestment” when in reality all that was announced is a portfolio reallocation.  Case in point: a tweet by Bill McKibben that read, “Um, the giant Univ of California system, already divested from coal and tar …

March 30, 2018

News articles emerged this week reporting that Harvard Board of Overseers member, Kat Taylor, is calling for the University to divest from fossil fuel holdings, with Reuters calling the public rebuke a “rare” move. Taylor also posted an opinion piece in the Harvard Crimson outlining her position. Worth noting, the Board of Overseers does not …

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