INVEST OUR NY STATE PENSION FUNDS IN CLEAN ENERGY- NOT FOSSIL FUELS!
An open letter to NY State Comptroller Tom Di Napoli, and NY City Comptroller Scott Stringer. (11-24-16)
Alternative/clean energies are the key to a healthier future for our selves and our planet. This weekend I wrote to these two gentlemen because they are responsible for the NY State public employees pension fund. They decide how to invest our hard earned pension money. This below is a letter I emailed them.
Alternative/clean energies are the key to a healthier future for our selves and our planet. This weekend I wrote to these two gentlemen because they are responsible for the NY State public employees pension fund. They decide how to invest our hard earned pension money. This below is a letter I emailed them.
Dear Mr. Di Napoli and Mr. Stringer;
I am a NY State public school teacher, and I would like to thank you for all you do for our public employees and pension fund. Today
is Thanksgiving and I'm taking a few minutes to write to you about an
article in the PERSPECTIVE section of the Albany TU, titled: "Divest fossil fuel funds to build a sustainable economy"As most people know a warmer earth causes many problems; the melting of glaciers and polar ice sheets are causing sea level to rise and inundating coastal regions, the warming of the ocean's waters are the cause of more unpredictable/stronger storms that bring destruction and death to millions of people.
So, why not invest in clean renewable energy that would help keep out earth cooler?
However,
according to the Albany TU article, NY State investment strategies
"remain in direct contradiction with the agreement and our chance for
at a livable future" (is at risk).
Millions of NY State pension
funds are investing in Exxon Mobil, the same corporation that New York's
own attorney general is currently investigating for its role in
orchestrating a decades-long campaign of deception to block climate
action. This Exxon Mobil is also the corporation the world's top
fracker, a practice which NY State banned in June 2015.
The TU asked these very important questions in their article:
Will NY continue to prop up the fossil industry through billions in investments?
Will NY prioritize profit or people?
Or will NY use every tool it has to be a true climate leader and divest fossil fuels to be on the right side of history?
So, now it's my turn to ask you a question Mr. Di Napoli, What will it be? Will you invest in clean energy, instead of fossil fuels?
Will NY continue to prop up the fossil industry through billions in investments?
Will NY prioritize profit or people?
Or will NY use every tool it has to be a true climate leader and divest fossil fuels to be on the right side of history?
So, now it's my turn to ask you a question Mr. Di Napoli, What will it be? Will you invest in clean energy, instead of fossil fuels?
Thank you
Ottavio Lo Piccolo