New York City’s iconic Empire State Building glowed green Wednesday night following two “watershed” announcements—that the city would seek to divest its pension funds from fossil fuel investments, and that it filed suit against five oil giants for contributing to climate change.
“The Empire State Building is shining green tonight because it’s time to put our planet first. #DivestNY,” Democratic Mayor Bill de Blasio tweeted Wednesday.
The Belgium-based European Green Party also chimed in and advocated for European leaders to follow the Big Apple’s footsteps.
“Let’s join #DivestNY and #DivestEurope for a Green and sustainable future for us and generations to come,” the party said on social media.
Mayor de Blasio and Comptroller Scott Stringer said they intend to divest New York City’s $5 billion in securities of over 190 fossil fuel companies.
New York’s lawsuit, filed in federal court, names BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell as defendants. The city seeks billions of dollars in damages and alleges the fossil fuel industry knew for decades that burning fuels drives global warming.
Environmentalists cheered the city’s historic announcement.
On 34th Street tonight. pic.twitter.com/qeYYeDFWM3
— City of New York (@nycgov) January 11, 2018
Lorraine Chow of EcoWatch originally created and published this article (Empire State Building Shines Green After NYC’s Decision to Take on Fossil Fuel Industry).