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NY Fund To Sell $238M Of Securities In 21 Shale Gas Cos.

By Benjamin Horney ( February 9, 2022, 3:57 PM EST) -- The New York state comptroller's office revealed Wednesday that the state's $280 billion pension plan will divest about $238 million of securities in 21 oil and gas companies that have been deemed unprepared for the transition to a low-carbon economy, and said it will not invest in those businesses going forward....

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