3p Daily: NYC’s Decision Opens the Door to More Fossil Fuel Divestment Worldwide and more…

Triple Pundit

Today’s Top Stories:

NYC’s Decision Opens the Door to More Fossil Fuel Divestment Worldwide

By Leon Kaye

New York City has embarked on a two-part plan to divest its municipal pension plans from fossil fuels. But in a massive equities market, can such tactics actually work?

Read More ExxonMobil Plans to Sue Climate-Impacted Communities

By Jan Lee

ExxonMobil has petitioned a Texas county court for the ability to depose 16 city, county and state officials about their involvement in an effort to coordinate lawsuits against the oil and gas giant. Meanwhile, New York City has jumped on board with a suit against Big Oil, the latest effort to attribute responsibility for climate change impacts.

Read More U.S. Coal on the Ropes as Global Renewable Energy Developers Take the Reins

By Tina Casey

More evidence that renewable energy is here to stay: experienced developers, mature supply chain, big investments from oil companies help drive costs down.

Read More NGOs Pressure BlackRock, JPMorgan to Stop Funding Oil Exploration in the Amazon

By Leon Kaye

This week, Amazon Watch and CREDO announced they had delivered over 120,000 signatures on petitions urging BlackRock, Inc. and JPMorgan Chase to stop the financing of what activists say are destructive oil exploration activities in the Western Amazon region of Peru and Ecuador.

Read More In Michigan, Walk for Warmth Combines Corporate and Grassroots Action to Help with Winter Heating Costs

By Leon Kaye

Across Michigan, Walk for Warmth events raise funds to help struggling Michigan families pay their utility bills during the Wolverine State’s harsh winters.

Read More It’s Lights Out for Sam’s Club Workers, Despite Trump’s New Tax Law

By Tina Casey

Trump championed the new tax law as a boon to U.S. workers, but it didn’t stop Walmart from closing 63 Sam’s Club stores and laying off thousands.

Read More Top CEOs Urges Congress to Act on DACA This Week

By Leon Kaye

Many corporate leaders say they have had enough over the uncertainty of DACA, as the ongoing saga is affecting everything from employee morale to the potential drag on their business.

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