Should Vermont divest?
Should Vermont divest? A recent study argues that Vermont’s state pension funds have given up $77 million in gains due to investments in fossil fuels. Gov. Peter Shumlin has also recently called for the state to divest, causing a rift with State Treasurer Beth Pearce, who opposes divestment. We speak with a Vermont investment manager about why he advocates for divestment.
Eric Becker, Chief Investment Officer, Clean Yield Asset Management