California Pension Funds Have Billions Invested in Fossil Fuel Companies Named in State’s Lawsuit
DeSmogBlog
OCTOBER 12, 2023
Over the past month and a half month, California lawmakers have enacted a pair of climate disclosure bills and endorsed a global call to end the fossil fuel era. Lena Gonzalez (D-Long Beach) introduced legislation requiring both funds to divest from the 200 largest fossil fuel companies by the 2030s — holdings worth about $15 billion.
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