Article 3CYBE New York City plans to divest $5bn from fossil fuels and sue oil companies

New York City plans to divest $5bn from fossil fuels and sue oil companies

by
Oliver Milman in New York
from Environment | The Guardian on (#3CYBE)

Mayor Bill de Blasio: 'It's up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient'

New York City is seeking to lead the assault on both climate change and the Trump administration with a plan to divest $5bn from fossil fuels and sue the world's most powerful oil companies over their contribution to dangerous global warming.

Related: Hurricanes and heatwaves: stark signs of climate change 'new normal'

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