According to Mayor de Blasio, “New York City is standing up for future generations by becoming the first major US city to divest our pension funds from fossil fuels.”
On the other hand, Comptroller Scott M. Stringer, said, “This is a first-in-the-nation step to protect our future and our planet – for this generation and the next. Safeguarding the retirement of our city’s police officers, teachers, firefighters and city workers is our top priority.
“We believe that their financial future is linked to the sustainability of the planet. Our announcement sends a message to the world that a brighter economy rests on being green,” added Comptroller Stringer.
