Syracuse common councilors push state to get investments out of fossil fuel companies

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SYRACUSE, N.Y. (WSYR-TV) — Pushing to move New York State towards cleaner energy sources, members of Syracuse’s Common Council have announced support for the Fossil Fuel Divestment Act.

The aim is to get state investments out of fossil fuels, like coal.

Councilors say it makes good financial sense, as fossil fuel investments are performing poorly by comparison to renewable energy sources.

They also say it could help to combat climate change.

“For the future generations that are coming up, and we hear their voices – we hear the voices of the youth loud and clear that they don’t want to be handed a broken planet, they don’t want to be handed an unsolvable situation. So it’s on us to start taking action,” Syracuse Common Councilor Joe Driscoll said.

The act being considered in the state legislature would push the state comptroller to get investments out of the 200 largest fossil fuel companies within five years.

Governor Andrew Cuomo has voiced support for the move.
 

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