The New York state pension fund announced last week that it is going to divest from oil and gas and double its investments in trendy green energy companies:
Hello!! Last year green investments lost bundles of money while the oil and gas industry was one of the highest-performing sectors.
Making investment decisions based on politics is a risky way to gamble retirement funds, and we suspect that New York and the other blue states on this map will be lining up for taxpayer bailouts at some point: