Posts by Miriam Eide
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 moreReview: Amalgamated Bank
One of the first questions when moving your money out of fossil fuels is – where should I bank? At Fossil Free California, our Move Your Money team has answered this question by suggesting a variety of different banks that unlike big Wall St. banks, generally avoid financing fossil fuel projects and instead make loans…
Read moreSB 252 announced to divest California’s public pensions from oil and gas
Student-led movement celebrates launch of California Fossil Fuel Divestment Act January 30, 2023 Contacts: Event Livestream Recording: Senator Gonzalez’s Office | YouTube Permalink Event Photos | Fossil Free California Photos California — Today amidst devastating flooding, an historic mega-drought, wildfires, and fossil-fueled public health crises, students, retirees, and California communities across the state celebrate as…
Read moreMedia Advisory: Senator Lena Gonzalez to Host Press Conference Announcing Introduction of Fossil Fuel Divestment Bill to Advance California Climate Goals
Sacramento, Calif. – On February 17, 2022, Senator Lena A. Gonzalez (D-Long Beach) will host a virtual press conference announcing a new bill in her legislative package for the 2022 legislative session. Senator Gonzalez will discuss her bill on fossil fuel divestment, a bill that seizes the momentum of the worldwide divestment movement and continues…
Read moreMedia Advisory: CalSTRS to Go Head to Head with Divestment Advocates at Sustainability Symposium
FOR IMMEDIATE RELEASE For the first time ever, the California State Teachers’ Retirement System (CalSTRS) is engaging publicly with advocates of fossil fuel divestment. Sacramento State’s College of Continuing Education Consensus and Collaboration Program will be hosting a virtual Sustainability Symposium on Wednesday, February 9th from 4:00-6:30 PM PST. Speakers at the symposium will include…
Read moreSanta Monica Youth Call Out CalSTRS’ Harry Keiley
### On August 14th at 10 AM on the Third Street Promenade in Santa Monica, youth from all over Los Angeles will be demonstrating against the California Teachers’ Retirement Association (CalSTRS) investing billions of dollars into fossil fuels. CalSTRS is the 2nd largest pension fund in the U.S., managing over 300 billion dollars and serving…
Read moreLynne Nittler: Youth Mentor & Former English Teacher Wants Teacher Retirement Fund to Divest
Retired secondary English teacher and life-long environmentalist committed to a low-carbon lifestyle, Lynne Nittler advocates for a society freed from its dependence on burning fossil fuels. Lynne: Why are we in this extreme trouble now worldwide? What’s behind the climate change that we’re facing? It traces back to just one thing, it is not a…
Read moreFaculty Association for California Community Colleges (FACCC) Endorses Divestment
FOR IMMEDIATE RELEASE: Contact: Miriam Eide – miriam@fossilfreeca.org – 507-923-6346 Faculty Association for California Community Colleges (FACCC) Endorses Divestment joining a growing movement urging CalSTRS to move its money out of fossil fuels Sacramento, CA – FACCC, an advocacy group for community college faculty, is the latest teachers’ professional association to call on the California State…
Read morePaula Buel: Retired Teacher Urges Teachers to Mobilize for CalSTRS Divestment
Career California school teacher Paula Buel recently spoke with a friend in the northwest U.S. forced to make sudden, heart-wrenching decisions about her horses during a wildfire evacuation, one example of how climate disruptions cause novel and traumatizing last-second decisions. Paula: “Look around you…. these climate disasters are happening all around us and we have…
Read moreIf CalPERS Divested from Coal, Why Does It Still Have $6.5B Invested?
FOR IMMEDIATE RELEASE September 14th, 7am EST Contacts: Miriam Eide, miriam@fossilfreeca.org, 507-923-634 Sandy Emerson, sandy@fossilfreeca.org, 650-743-0524 Vanessa Warheit, vwarheit@gmail.com, 415-225-4435 If CalPERS Divested from Coal, Why Does It Still have $6.5B Invested? Report Finds Nation’s Largest Pension Fund Remains Heavily Invested in Coal, Possibly in Violation of California Law Sacramento, California — A new report…
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