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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

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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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