NYC and NYS pension funds

IEEFA Research

Report – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

Report – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change (pdf)

May 8, 2014 Read More →

More News and Commentary

Divestiture Movement, Deepening Distress of Coal Industry, Emerging Battles Over Solar, Overbuilding of Shale Gas Pipelines Highlight IEEFA Energy Finance 2016 Conference in New York City

Panelists From Deutsche Bank, Moody’s, S&P Capital IQ, New York Mayor’s Office, CalSTRS, Massachusetts Attorney General’s Office, Bloomberg New Energy Finance, Norwegian Parliament

COLUMBIA UNIVERSITY, MARCH 14-16; EXPERTS FROM EUROPE, ASIA, AUSTRALIA,  AND THE AMERICAS NEW YORK, Feb. 29, 2016 — The Institute for Energy Economics and Financial Analysis (IEEFA) today announced a 2016 conference lineup that includes leading energy finance experts, industry regulators, institutional investors, activists, market analysts and commentators from around the world. The conference, Energy […]

February 29, 2016 Read More →

A Shakeout Begins for U.S. Shale-Oil Producers

When we published a report nine months ago urging New York State pension funds to divest from increasingly risky coal stocks, we wondered if there might be a similar case to be made broadly for investors in shale-oil companies. It turns out there is. Mark Lewis, a senior analyst at Kepler Cheuvreux, the investment-advisory firm […]

January 12, 2015 Read More →
Few funds ready to follow Stanford’s lead on fossil fuel stocks

Few funds ready to follow Stanford’s lead on fossil fuel stocks

“(Reuters) – Few if any of the big U.S. pension or college endowment funds appear ready to follow in Stanford University’s footsteps and pull their money out of shares of coal miners or other fossil fuel producers. Officials from the pension systems for California’s public employees and schoolteachers and New York public employees, the three […]

May 9, 2014 Read More →
Coal company investments a bad bet

Coal company investments a bad bet

By Brian Nearing, Powersource Post-Gazette – “ALBANY, N.Y. — It’s time to dump coal from the state pension fund, not because of concerns over greenhouse gas and man-made climate change, but because coal companies are a money-losing investment, a former state official who once oversaw the pension fund said Thursday. During the past three years, […]

May 9, 2014 Read More →
Press release- New York State & City pension funds have been & will keep losing money on coal stocks and should sell them, report finds

Press release- New York State & City pension funds have been & will keep losing money on coal stocks and should sell them, report finds

STATE FUND ESTIMATED TO HAVE LOST MORE THAN $100 MILLION Coal stocks have been and will continue to be a losing investment for New York State and City public pension funds, so the funds should sell those stocks, according to a new report by the Institute for Energy Economics and Financial Analysis. The report estimates […]

May 8, 2014 Read More →
Report – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

Report – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change (pdf)

May 8, 2014 Read More →