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Lawmakers reach compromise to pass Clean Slate bill - Vimarsana News

Lawmakers reach compromise to pass Clean Slate bill

ALBANY — The Clean Slate bill is set to pass the state Legislature before session ends this week after lawmakers negotiated a deal overnight to change the measure to seal, and no longer expunge, New Yorkers’ criminal records after completing a prison sentence. Initially, Clean Slate was set to automatically seal and expunge New Yorkers’ criminal record after one year for misdemeanors and three years for certain felonies after release from prison. The bill was reintroduced overnight to allow for the automatic sealing of misdemeanors after three years and felonies after seven yea...

Source: nny360.com
NY Bill Would Divest Teachers' Pension from Fossil Fuels | Chief Investment Officer - Vimarsana News

NY Bill Would Divest Teachers' Pension from Fossil Fuels | Chief Investment Officer

A report says the state teachers’ fund has more than $300 million in coal investments.

Source: ai-cio.com
Assemblywoman Anna Kelles takes on cryptocurrency mining - Vimarsana News

Assemblywoman Anna Kelles takes on cryptocurrency mining

By Susan Arbetter City of Albany PUBLISHED 7:34 PM ET May. 27, 2021 PUBLISHED 7:34 PM EDT May. 27, 2021 SHARE Last week, In 2014, Greenidge Generation, owned by Atlas Holdings, took over a formerly defunct coal-fired power plant in Torrey, near Seneca Lake.  Later, Greenidge pivoted to mining cryptocurrency, which needs both fresh water and lots of inexpensive electricity. Upstate New York has both, which may lead to more cryptocurrency min...

Activists want teachers' fund to divest from coal - Vimarsana News

Activists want teachers' fund to divest from coal

Activists want teachers' fund to divest from coal Massive teachers' retirement fund owns coal stocks in China, India FacebookTwitterEmail Student climate activists have been in the forefront of the fossil fuels divestment movement.Times Union file photo ALBANY — A fossil fuel divestment group took aim at the teachers retirement system on Tuesday, urging the organization to divest of the coal stocks they say continue to make up a substantial part of their portfolio. It may be easier said then done, however. “NYSTRS is increasing its exposure to the coal industry,” said Liam Smith, of New...

Legislators, force teachers' fund to drop fossil fuels - Vimarsana News

Legislators, force teachers' fund to drop fossil fuels

“Why should I be studying for a future that soon may be no more, when no one is doing...