New Yorkers can support the state’s transition to renewable energy by divesting from funds and companies that profit from fossil fuels—and instead, investing in companies that promote sustainable economic development.
Here is a list of organizations/information that will guide you in this process:
(Solar) Mosaic connects investors to high quality solar projects. Its mission is to open up clean energy investing and fundamentally change the way energy is financed. The fundamentals of solar make it an attractive component of a diversified investment portfolio because it is reliable technology and has predictable energy output and stable cash flows.
Black Oak Wind Farm, LLC gives New York residents the opportunity to own wind energy assets that provide clean energy to the grid and financial returns to investors. Its goal is to develop, own, and operate an 11.9 megawatt wind farm in western Tompkins County, New York.
350.org’s divestment campaign, Go Fossil Free, is working to have institutions to immediately freeze any new investment in fossil fuel companies, and divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
US SIF – The Forum for Sustainable and Responsible Investment is the US membership association for professionals, firms, institutions and organizations engaged in sustainable and responsible investing. US SIF and its members advance investment practices that consider environmental, social and corporate governance criteria to generate long-term competitive financial returns and positive societal impact.