Positive Future #585 (Feature photo – Activists blocking a Coal Mine in Germany – CCA SA 4.0 International Rikuti)
News portal ALT Energy Stocks looks at a recent research paper in which the New York State Pension Fund is $22 billion poorer by not divesting itself from fossil fuel investments 10 years ago. One wonders, if many of the nation’s 401Ks and other retirement funds are not subject to the same erosion of value.
According to 350.org, Funds totaling $11 trillion have committed to divest themselves from fossil fuel assets.
You can read the full story here: http://www.altenergystocks.com/archives/2019/10/new-york-state-pension-22-billion-poorer-by-not-divesting-10-years-ago/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+AlternativeEnergyStocks+%28AltEnergyStocks.com%29