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U.S. pension fund may divest TotalEnergies stake over offshore wind exit.
The New York State Common Retirement Fund is reconsidering its investment in TotalEnergies.
KEY POINTS
- TotalEnergies accepted nearly $1 billion from the Trump administration to end two U.S. offshore wind leases.
- TotalEnergies plans to shift investment away from renewable energy and back toward fossil fuels.
- The potential divestment reflects rising investor pressure regarding climate and energy strategies.
COMPANIES
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