NY State Pension Fund Selling Chesapeake Stock, Keeping EQT & CNX

Yesterday the New York State Common Retirement Fund announced it will "restrict investments" in a hit list of 21 naughty shale oil and gas producing companies. One of the companies on the naughty list is Chesapeake Energy Corp. New York State Comptroller Thomas P. DiNapoli, trustee of the Fund (far-left Democrat) who is the sole manager of the fund, said the companies on his naughty list "have failed to demonstrate they are prepared for the transition to a low-carbon economy." However, another 21 shale companies are on DiNapoli's nice list and he will continue to invest in those companies, including CNX Resources and EQT Corporation.

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