News & Actions

Kevin de León to Lead California Delegation at COP 22 in Morocco

By Sandy Emerson | November 15, 2016

Senate President pro Tempore Kevin de León (D-Los Angeles) will lead the California delegation at the United Nations 22nd Conference of Parties in Marrakech, Morocco, beginning today, November 15th. The trip is intended to assure global partners that California remains committed to reducing greenhouse gas emissions and building a clean energy future. “California is well…

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Teachers say CalSTRS must divest from Big Oil

By Robert Silvey | November 12, 2016

Prospects at CalSTRS are bright for a real shift in investment strategy. Members of the board are increasingly tuned in to the dangers of climate change, and they are beginning to adjust their financial decisions to focus on more sustainable holdings. We at Fossil Free California applaud their efforts. But so far the shift in investment policy is not large enough…

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California climate action in the time of Trump

By Robert Silvey | November 11, 2016

While all of us are frightened and grieving at the idea that an avowed climate change denier will lead our nation’s response to the Paris climate agreement, Californians need to take heart and get to work. Our state, the fifth largest economy on the planet and the established climate leader among subnational governments, must step…

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The Earth needs us

By Robert Silvey | November 9, 2016

We cannot despair. The fate of humanity rests on what we do over the next four years. David Leonhardt says it best: This morning, many Americans feel sick. The country they thought they knew doesn’t seem to exist. Many of them are worried in a way they never have been before. I share a lot…

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Carbon Bubble Threatens Investments

By Sandy Emerson | October 29, 2016

The carbon bubble threatens the investments of small investors as well as large, according to a recent article by Carol Clouse in The Guardian. When Big Oil’s unburnable reserves become stranded, these companies’ shares will experience a sudden and steep devaluation. As evidence mounts that fossil fuel companies will be required to “keep it in…

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Tell CalPERS: No reinvestment in tobacco!

By Janet Cox | October 22, 2016

Staff of the California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the country, is recommending that the fund’s Board vote in December to reinvest in tobacco, based on profits the tobacco companies have made overseas since CalPERS divested 16 years ago. Q. Why is the tobacco decision important for fossil fuel…

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Upcoming Divestment Events in the Bay Area

By Sandy Emerson | September 20, 2016

Get your meeting on! Three divestment events are offered in the Bay Area next week: • September 28 in Berkeley: Divestment Bay Area-Fossil Free California Meeting  Wednesday, September 28th, from 7-9 pm at Robert and Deborah Silvey’s home in North Berkeley, a three-block walk from the North Berkeley BART Station. Newcomers to the divestment movement are very welcome…

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CalSTRS wants feedback on investment — let them know!

By Robert Silvey | September 12, 2016

UPDATE: CalSTRS has extended the deadline one week, to September 23. The California State Teachers’ Retirement System (CalSTRS) is looking for feedback about their sustainability practices, and we have an excellent opportunity to let them know it’s time to divest. Their sustainability survey is here on the CalSTRS website. It’s open to everyone — not just CalSTRS…

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Break Up with Fossil Fuels

By Sandy Emerson | September 8, 2016

Break Up with Fossil Fuels: How to Invest Sustainably and Divest Effectively Panel Discussion and Reception When: Thursday, Sept. 29th, 6:00-8:00 pm Where: MyDomino office, 327 19th Streeet, Oakland (2 blocks from BART) We’d all like to live a more sustainable and climate-positive life. Many of us have even taken actions like switching to LEDs, driving…

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As You Sow: Unconventional Risks of Oil Investments

By Sandy Emerson | September 7, 2016

A new report from As You Sow, UNCONVENTIONAL RISKS: THE GROWING UNCERTAINTY OF OIL INVESTMENTS details the many ways in which market forces are weakening the fossil fuels industry: higher costs; increased competition; global demand constraints due to government regulations; alternative and substitute technologies; and increased social activism focused on the industry. As You Sow is an Oakland, California…

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