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29 Ιουν 2023 · In summary. Climate activists and some lawmakers want two of California’s pension funds to shed about $15 billion of fossil fuel holdings. They say the move would reduce oil and gas companies’ political power, but opponents say it would be a bad move financially.
24 Ιουν 2024 · A California bill forcing the two largest US pension funds to divest an estimated $15 billion in oil and gas assets has quietly fizzled for the third straight year, but the influential state...
21 Ιουν 2024 · A California bill forcing the two largest US pension funds to divest an estimated $15 billion in oil and gas assets has quietly fizzled for the third straight year, but the influential state lawmaker behind the effort vowed to renew the legislation with a stronger alliance of climate activists.
26 Μαΐ 2023 · The California state Senate approved a bill that would force the country’s two largest pensions to divest an estimated $15 billion from oil and gas companies, a measure opposed by the funds’...
California’s two main retirement systems provide over $14 billion to fossil fuel corporations that are building coal plants, oil pipelines and fracked gas wells. SB 252 was introduced in 2023 and is now a two-year bill with expected passage in 2024.
16 Ιουν 2023 · Legislation to force California’s large and public employee pension funds to divest from the top oil and gas companies is a financially prudent move in a world where the impacts of climate ...
26 Μαΐ 2023 · A new bill that was approved by the California state Senate on Thursday would require two of the country’s largest pension fund to pull $15 billion in investments from oil and gas companies.