Greenpeace responds to Mayor de Blasio’s announcement that New York City will divest its pension funds away from fossil fuels, along with taking 5 major oil companies to court to sue for damages

by Travis Nichols

January 10, 2018

New York City is taking 5 major oil companies to court to sue for damages.

In response to Mayor de Blasio’s announcement that New York City will be the first in the nation to divest city funds from coal, oil and gas companies, Greenpeace USA Executive Director Annie Leonard said, “New York City’s impressive leadership makes me hopeful for the future, and the possibilities we have for addressing climate change from the city and state level.  The effects of climate change are here, and they have been devastating. But from coast to coast, cities and communities are finding the solutions we need, like New York City’s major advance today to protect this great city, its citizens, and our climate. Divesting is not only the right thing to do- it’s financially savvy. And this latest lawsuit amplifies the demand that climate polluters pay their share of adapting to the billion-dollar costs of the climate crisis they helped create. New York City’s actions today should be a galvanizing moment for cities around the world, and others should follow suit with ambitious plans and lawsuits of their own.”

Contact: Travis Nichols 206.802.8498

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