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NEW YORK, Sept 29 (Reuters) - New York City's mayor Bill de Blasio has called on the city's $160 billion public pension funds to dump their investments in coal companies and reconsider investments in other fossil fuels as he pushes a clean energy agenda for the city. De Blasio's comments on Tuesday are the latest in a growing chorus advocating cutting coal from public pension portfolios. His remarks come after California lawmakers passed a bill requiring the state's pension funds to sell their investments in coal companies earlier this month. "New York City is a global leader when it comes to taking on climate change and reducing our environmental footprint. It's time that our investments catch up - and divestment from coal is where we must start," de Blasio said in a statement. New York City's five public pension funds have around $33 million in thermal coal investments, the mayor's office said. Each of the funds is run by a separate board that has to sign off on investment decisions. (Reporting by Edward Krudy; Editing by Alan Crosby)
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Arch Coal Inc
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PRODUCER |
CODE : ACI |
ISIN : US0393801008 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Arch Coal is a coal producing company based in United states of america. Arch Coal holds various exploration projects in USA. Its main assets in production are WEST ELK, BLACK THUNDER and JACOB'S RANCH in USA and its main asset in development is SPRUCE N° 1 in USA. Arch Coal is listed in Germany and in United States of America. Its market capitalisation is US$ 366 000 as of today (€ 317 981). Its stock quote reached its highest recent level on June 27, 2003 at US$ 99.96, and its lowest recent point on October 04, 2018 at US$ 0.01. Arch Coal has 36 600 000 shares outstanding. |