NYC Continues Tone-Deaf Divestment Efforts

The U.S. energy industry is facing unprecedented challenges: an international oil price war, a global pandemic that has not only changed our way of life but depressed economy activity and transport, and the implementation of protocols that ensure social distancing while maintaining essential operations. But even in these challenging and uncertain times, the industry is stepping up. Operators are finding ways to do whatever they can to support those battling COVID-19 on the front lines, from converting operations to develop protective gear for healthcare workers to rallying to raise donations for direct relief.

And yet, somewhat inexplicitly, there are some New York lawmakers and activists looking to instead take advantage of this crisis to push for a politicized stance against this very industry. Even more perplexing, the push is coming from the state at the epicenter of the fight against this pandemic. Read Full Article »