Posts Tagged ‘financial security’
Financial 101 – What Divesting California’s Public Pensions from Fossil Fuels Means
What’s a public pension? What does public pension divestment mean? Why is this good for workers? Has divestment worked before? Get your questions answered with our Financial 101. Read below, or download the PDF. What is a public pension? What are CalPERS and CalSTRS? A public pension is a pension system for public employees –…
Read moreBig Oil isn't so big any more
This essay is by Diane Moe. Diane is a freelance copywriter, Cal grad (’75), and mother of two fierce sons. Big Oil, always a steady earner, is a solid financial investment, right? Why else would our state institutions such as CalPERS and the University of California invest so heavily in oil companies—despite the incontrovertible evidence that oil…
Read moreKilday-Hicks: Unions will join divestment consensus
Russell Kilday-Hicks wrapped up the Sacramento launch of Fossil Free California, speaking for union members. He is statewide vice president of the California State Employees Association, an active member of the CSU Employees Union, and a staff employee at San Francisco State University. His speech: I am statewide VP for the organization that started CalPERS…
Read moreDivest for financial security
Public policymakers, when they look carefully at the facts about climate change, usually conclude that it’s essential to divest from fossil fuels. The slide toward climate chaos must be resisted with every weapon, and it doesn’t make sense for public leaders to remain invested in products that are destroying the world they are trying to…
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