350 Responds to NYC Divestment Announcement

For Immediate Release

Contact: 

Karthik Ganapathy <karthik@350.org>

350 Responds to NYC Divestment Announcement

NEW YORK - In response to reports that New York City Mayor Bill de Blasio will push the city’s pension funds to divest from coal, 350.org Executive Director May Boeve issued the following statement:

"Coming just after news that the divestment movement has engaged institutions collectively worth $2.6 trillion, and the passage of California legislation that will divest the country’s largest pension funds from coal, Mayor de Blasio’s announcement is another big step adding even more momentum to this campaign. In the final months before crucial climate talks in Paris, wins like these send a clear message to world leaders that people across our society are clamoring for real, ambitious leadership on climate change. We expect to see other municipal leaders around the world take note of the Mayor’s words today, and join New York in acknowledging the financial and moral imperative to divest from climate chaos."

In addition, 350 NYC Steering Committee Member Mark Dunlea said:

"We appreciate Mayor de Blasio calling for a critical first step to divest the city's pension funds from fossil fuels, starting with coal and a study on the rest. We hope that our other elected officials will stand with him to help protect our city and our future from the risks of climate change. We look forward to a fossil free future."

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350 is the red line for human beings, the most important number on the planet. The most recent science tells us that unless we can reduce the amount of carbon dioxide in the atmosphere to 350 parts per million, we will cause huge and irreversible damage to the earth. But solutions exist. All around the world, a movement is building to take on the climate crisis, to get humanity out of the danger zone and below 350. This movement is massive, it is diverse, and it is visionary. We are activists, scholars, and scientists. We are leaders in our businesses, our churches, our governments, and our schools. We are clean energy advocates, forward-thinking politicians, and fearless revolutionaries. And we are united around the world, driven to make our planet livable for all who come after us.

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