Cuomo on collision course with state comptroller over fossil fuel fight and pension fund

December 23, 2017


Zack Fink

With an eye on the environment, Gov. Andrew Cuomo would like to divest the state’s pension fund from fossil fuels. But Cuomo has no control over how public employee pensions are invested, setting him on a collision course with the man who does control New York’s investments: State Comptroller Tom DiNapoli. State House Reporter Zack Fink has the story.


Read All

Next Post.

In the News

New York Governor Seeks Fossil-Fuel Divestment, But Comptroller Has Other Plans

The Wall Street Journal

Thomas MacMillan

Gov. Andrew Cuomo said he will push for the state pension fund to divest from fossil-fuel companies, but the official who controls the fund says the best way to address climate change is by leveraging shareholder power. The governor is creating a plan for divesting the New York State...

Read More