Institute for Energy Economics and Financial Analysis (IEEFA) – NYC and NYS pension funds should divest coal stocks: A shrinking industry, weak upside, and wrong on climate change

“The New York State and City public pension funds, collectively valued at over $300 billion, should divest their holdings in coal mining companies. The current position of the U.S. coal industry, and increasingly that of coal producers worldwide, is weak. And the worst is yet to come.”