NYC, DIVEST FROM FOSSIL FUELS NOW!!!
Tell NYC Comptroller Scott Stringer to Show the Planet Some Love on Valentine’s Day! Divest NYC Pension Funds from the banks funding Dakota Access Pipeline #DefundDAPL and the top 200 fossil fuel companies doing the most harm to our climate!
Feb 14: Press conference & rally “We Love New York, That’s Why We Must Divest”
Join Josh Fox to deliver a divestment valentine to Comptroller Stringer!
New Yorkers will deliver a divestment valentine of thousands of petition signatures to New York City Comptroller Scott Stringer with the message that we love New York, that’s why we must divest. This comes days after Stringer announced the City will begin a climate risk assessment of its investments.
WHAT: Press conference & rally: “We Love New York, That’s Why We Must Divest”
WHO: New Yorkers representing 350NYC, 350BK, 350.org, NYU Divest, Riverside Church Beloved Earth Community, organizations of the #DivestNY coalition
Speakers include:
Josh Fox, film director and environmental activist
Sean Petty, New York State Nurses Association (NYSNA)
WHERE: Outside the City Comptroller’s Office,
1 Centre St, New York, NY
WHEN: Tuesday, February 14, 2017 at 12pm ET
WHY: We love New York, but we don’t love its current ties in fossil fuels threatening the lives and livelihoods of our communities. With the corrupt and anti-climate Trump administration is regressing on hard-won climate action, New York must step into its leadership. We are a broad spectrum of New York society urging Comptroller Stringer to divest the City’s $170 billion pension funds from fossil fuel companies knowingly perpetuating the climate crisis, and reinvest in a sustainable economy that works for all New Yorkers.
From the 350.org Press release
“Comptroller Stringer’s study needs to tell the City’s pension fund trustees and its taxpayers how the City will manage a fossil free portfolio. The study needs to show the public the options. It is then up to the elected leaders of the City to take steps to protect the public interest from the poor financial performance of fossil fuel companies and their collective mishandling of risks created by climate change,” said Tom Sanzillo, Director of Finance at the Institute for Energy Economics and Financial Analysis, and former Deputy Comptroller of New York State. “We look forward to meeting with the Comptroller and the consultants responsible for the report to discuss the future of the CIty’s pension funds”
To date, more than 600 institutions across 76 countries representing over $5 trillion in assets have committed to some level of divestment, doubling in size in just one year. Notable motions in New York to cut ties with fossil fuels include Amalgamated Bank, Cooperstown, NY, the New School, and the American Museum of Natural History.
A recent report showed humans are causing the climate to change 170 times faster than natural forces. New Yorkers know who is responsible: Big Oil and its political allies knowingly perpetuating climate change. #DivestNY will ramp up pressure on Stringer and New York officials in the weeks to come, including mobilizing for the People’s Climate March on April 29, 2017.
