Report reveals CalPERS, CalSTRS exaggerate cost of divestment

New report exposes pattern of misinformation on fossil fuel divestment from two largest public pension funds in U.S. (California) — A first-of-its-kind comprehensive report released today from Fossil Free California reveals that the combined $800 billion California Public Employees’ and State Teachers’ Retirement Systems have repeatedly given incorrect and inflated figures on the costs of…

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