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Divesting from fossil fuels isn’t just good for the planet. billion in returns over the last 10 years by not divesting from fossil fuels. If passed, the bill would also adopt new GHG targets for the state that would slash emissions by 65% (of 2005 levels) by 2035 and 100% by 2050. It can be good for financial returns, too.
The award, which recognizes high-impact research in sustainable finance, was presented to Stefano Giglio (Yale School of Management), Theresa Kuchler (NYU Stern), Johannes Stroebel (NYU Stern), and Xuran Zeng (NYU Stern).
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