Posts Tagged ‘California Senate’
California’s Public Pension Divestment Bill – SB 252 – Confirmed through Senate Appropriations, Now Heads to Senate Floor
It’s the “climate bill that could:” SB 252’s tremendous momentum demonstrates that California, the world’s sixth largest economy, is prepared to lead on climate and fiduciary responsibility, taking the helm…
Read moreWhat Does Divestment Cost? Misinformation from CalPERS and CalSTRS
The “fiscal impact” analysis for the Appropriations Committee in the state Senate or Assembly can make or break a bill. For divestment bills, CalPERS and CalSTRS have repeatedly given imprecise, incorrect, and inflated figures on the costs of divestment, including in the numbers reported to the Appropriations Committee for SB 1173, the Fossil Fuel Divestment Bill.
Read moreState 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)…
Read moreSenate to vote on SB 185 coal divestment
by Janet Cox The bill in the California State Senate requiring CalPERS and CalSTRS to divest from coal companies, SB 185, along with the other bills in this year’s climate…
Read moreSenate committee bans coal investment
by Janet Cox On April 13, the California State Senate Public Employment and Retirement Committee approved SB 185, the Public Divestiture of Thermal Coal Companies Act, 3–2 on a party…
Read moreDivest! Start with coal!
by Janet Cox Help us strip dirty coal money from California pension funds. Help us pass Senate Bill 185! Kevin de León, President pro Tem of the California State Senate,…
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