Letter to New York City Comptroller Regarding its Request for Information on Investment and Fiduciary Analysis of Strategies for Divestment of Securities Issued by Fossil Fuel Reserve Owners

Letter to New York City Comptroller Regarding its Request for Information on Investment and Fiduciary Analysis of Strategies for Divestment of Securities Issued by Fossil Fuel Reserve Owners

Dear Mr. Stringer – On behalf of Divestment Facts, a project of the Independent Petroleum Association of America (IPAA), I’m writing in response to the Request for Information (RFI) on Mayor Bill de Blasio’s proposal to divest $5 billion in fossil fuel assets from the New York City Retirement System (NYCRS), which includes five separate pension funds.