New York City Comptroller Brad Lander released the following statement in reaction to the Supreme Court’s decision in West Virginia v. Environmental Protection Agency:
“Today’s decision is yet another blow by our nation’s highest court with far-reaching impacts for our collective future. We cannot confront the scale of the risks the climate crisis poses to our communities and the global economy without strong, concerted action by both the federal government and the private sector. Today’s decision undermines the federal government’s ability to set critical standards for meaningful reductions in our greenhouse gas (GHG) emissions and to provide for a just transition to a low-carbon economy.
“This ruling underscores how important it is that New York City continues to lead on climate and do everything within our power to limit emissions and accelerate our transition away from dirty energy. Thanks to the leadership of the trustees of the Teachers’ Retirement System, New York City Employees’ Retirement System, and Board of Education Retirement System, we are divesting from fossil fuel reserve owner companies, increasing investments in climate solutions, and working to achieve our goal of net zero GHG emissions by 2040 to reduce emissions across our managed assets. We will continue to review the implications of this decision for our work to confront the climate crisis using all the tools available to us.”
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