Posts Tagged ‘successes’

Ireland Moves Close to Total Divestment

Last week the Irish parliament voted to divest from fossil fuels. This legislation will make Ireland the first nation to ban investment of public money in the fossil fuel industry. The bill now goes to committee, and it is all but certain to become law. It represents Ireland’s commitment to the Paris climate accords — and a strong rebuke to Trump and other climate deniers.

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Oakland Police and Fire System divests from coal

On Wednesday, May 25, the Oakland Police and Fire Retirement System (PFRS) voted to divest their pension funds from investments in coal. Next month, PFRS will consider whether to divest from oil and gas as well. During the morning’s Investment Committee meeting, members of Fossil Free California commented on the damaging effects of coal, after…

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Clean Energy and Prosperity: We Can Have Both

The global economy grew but carbon emissions didn’t.  Climate experts believe a worldwide shift towards renewable energy has kept greenhouse gas emissions level for a second year running, even as the global economy grew 3%.This uncoupling of economic growth and emissions has never been seen before, and represents a rare bit of good news in…

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Brown signs SB 185: Divest coal!

Governor Jerry Brown signed Senate Bill 185 today. Our two state pension funds are now required to purge their portfolios of that most pernicious of fossil fuels, coal. It’s time to celebrate! The enactment of SB 185 is an enormous step forward for the divestment movement—in fact, for the entire climate movement—because CalSTRS and CalPERS are the largest state…

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What do we do now, now that we are happy?

Hey, we are happy! Senate Bill 185 has passed the California Senate and the California Assembly. This unprecedented campaign by Fossil Free California and our many allies has leaped over one obstacle after another, and now we are within a whisker or two of total success. When SB 185 becomes law, the two biggest state pension funds in…

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Assembly passes SB 185!

The California Assembly has passed SB 185, the coal divestment bill, by a vote of 43–27! (Update: When the late votes came in, it was even better, at 47–30.) One more step remains before the bill is enacted: Governor Jerry Brown’s signature. Let him know that when he signs this bill into law, California will become the first…

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Coal divestment advances

JUNE 24: Today the California coal divestment bill, SB 185, cleared another hurdle. The Assembly Committee on Public Employees, Retirement, and Social Security voted to send the bill to the Assembly Appropriations Committee by a vote of 5 to 1. With this success, much remains to be done. You can help by signing this petition and contacting your…

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State Senate passes SB 185 to divest coal

Today the California State Senate made history, passing SB 185 by a large margin, 22–14. The bill calls for the nation’s two largest state pension funds, the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), to divest from thermal coal. The bill now moves to the California State Assembly. Senate President pro Tempore…

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Global Divestment Day is coming!

This has been a year of great successes for the divestment movement around the world, and Global Divestment Day February 13–14 will celebrate those successes. Here in California, Chico State and Humboldt State universities voted to get rid of all their investments in fossil fuel companies, as did the Foothill–De Anza and Peralta community college districts and Pitzer…

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