Senate committee bans coal investment

By Fossil Free California | April 17, 2015

by Janet Cox On April 13, the California State Senate Public Employment and Retirement Committee approved SB 185, the Public Divestiture of Thermal Coal Companies Act, 3–2 on a party line vote. The bill, sponsored by Senate President pro Tempore Kevin de León, requires the state’s two largest public pension funds to divest from companies…

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Should we campaign for reinvestment?

By Robert Silvey | January 30, 2015

Divestment from fossil fuels sends a clear message: if we support coal, oil, and gas companies in any way, we are contributing to the destruction of the habitable environment. When our money — or the money of our institutions, like CalPERS or the University of California — is invested in those companies, our contribution to climate chaos…

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