The University of Massachusetts Amherst
Categories
UMass Economics

News story about mayors of London and New York calling for cities to divest pension funds from fossil fuel producers notes that a 2018 report co-authored by Robert Pollin says the divestment movement has not substantially impacted fossil fuel share prices or reduced carbon emissions

A news story about calls by the mayors of London and New York for cities to divest their pension funds from fossil fuel producers notes that a 2018 report co-authored by Robert Pollin, Distinguished Professor in economics and co-director of the Political Economy Research Institute, says the divestment movement has not substantially impacted fossil fuel share prices or reduced carbon emissions. (Reuters, 1/8/20)