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Mayor de Blasio calls for divesting public pensions from fossil fuels by 2022

New York City mayor seeks billions from oil companies, blames them for climate change


By —— Bio and Archives--January 11, 2018

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A week after a brutal snowstorm froze New York City, Mayor Bill de Blasio delivered a one-two punch Wednesday in the name of climate change, announcing he will seek billions in damages from five major oil-and-gas companies while moving to divest from fossil fuels.

“It’s time for them to start paying for the damage they have done,” Mr. de Blasio said at a press conference at the Manhattan Youth Center. “It’s time for Big Oil to take responsibility for the devastation they have wrought.”—More…


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