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Exchange Place Alliance bringing trees to Jersey City

Exchange Place Alliance bringing trees to Jersey City
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Solomon proposing Jersey City Council measure asking pension funds to end fossil fuel investments

Hudson County View
Photo courtesy of Jersey City Ward E Councilman James Solomon’s office.
By John Heinis/Hudson County View
“As a state and a city that knows climate change’s ravages first hand, New Jersey and Jersey City should be leaders on fossil fuel divestment. The time for half measures on climate is over,” Solomon said in a statement.
“The state should sell their current investments in fossil fuels. Rules should be established to prevent any future investment in corporations that poison the earth.”
The measure, which was prepared in partnering with Divest NJ, will call for the New Jersey State Legislature, the New Jersey State Investment Council, and the Pension Committee for the Employees’ Retirement System of Jersey City to divest from current fossil fuel investments and ban future investments in corporations who profit off climate pollution. ....

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Jersey City councilman calls for a ban on fossil fuels investments

Hudson Reporter
Jersey City councilman calls for a ban on fossil fuels investments
Councilman James Solomon
Jersey City Ward E Councilmember James Solomon will present a resolution calling on local and state pension boards to ban future investments in fossil fuels
The resolution, scheduled to be put before the council on April 28 at 6 p.m., calls for the New Jersey State Legislature, the New Jersey State Investment Council, and the Pension Committee for the Employees’ Retirement System of Jersey City to divest from current fossil fuel investments.
“As a state and a city that knows climate change’s ravages firsthand, New Jersey and Jersey City should be leaders on fossil fuel divestment,” said Solomon. “The time for half measures on climate is over. The state should sell their current investments in fossil fuels. Rules should be established to prevent any future investment in corporations that poison the earth.” ....

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