Posts Tagged ‘SB 252’
Meet the California Fossil Fuel Divestment Coalition!
Now with over 140 labor unions and organizations in support, the California Fossil Fuel Divestment Coalition is building support in every corner of the state for SB 252, which will divest California’s public pensions from fossil fuels.
Read moreUnions Support Divestment to Protect California State Worker Pensions
Public employees deserve a secure pension, safe working conditions, and a livable place to retire. While fossil fuel investments are extremely volatile and risky, fossil fuel pollution drives climate chaos…
Read moreFrequently Asked Questions – Senate Bill 252, The Fossil Fuel Divestment Act
CalPERS has roughly $9.4 billion dollars, and CalSTRS $5.4 billion dollars ($14.8 billion in all) of stock and bond investments in the top 200 coal, oil and gas production companies.
Read moreGovernor Newsom Will Sign SB 253, SB 261, Advancing the Climate Accountability Bill Package
In a surprise move Sunday, California Governor Gavin Newsom announced his intention to sign Senate Bills 253 and 261, groundbreaking climate legislation, advancing the suite of bills announced jointly in January as the Climate Accountability Bill Package. Senate Bill 252, the third bill in the package, now a two-year bill, is poised to clear the Assembly in 2024.
Read moreOakland City Attorney comes out in strong support of SB 252, California’s fossil fuel divestment bill
Oakland City Attorney Barbara J. Parker’s op-ed reads: “Divesting from fossil fuel companies is the right thing to do to protect California’s frontline and fenceline communities. Due to long legacies of systemic racism, these communities are disproportionately impacted by climate change, climate harm, and pollution. The Legislature must pass SB 252 this year. This bill is both financially prudent and essential to meeting our collective climate goals.”
Read moreOakland City Attorney comes out in strong support of SB 252, California’s fossil fuel divestment bill
Oakland City Attorney Barbara J. Parker’s op-ed reads: “Divesting from fossil fuel companies is the right thing to do to protect California’s frontline and fenceline communities. Due to long legacies of systemic racism, these communities are disproportionately impacted by climate change, climate harm, and pollution. The Legislature must pass SB 252 this year. This bill is both financially prudent and essential to meeting our collective climate goals.”
Read moreCalifornia fossil fuel divestment bill – SB 252 – passes Senate with massive momentum
FOR IMMEDIATE RELEASEMay 25, 2023Contact: Shana DeClercq | shana@fossilfreeca.org | (415) 376-3746Photos available here Indigenous lands of the Nisenan and Miwok Peoples (colonially called Sacramento, California) – Today, SB 252…
Read moreMAY 25: California fossil fuel divestment bill heads to full Senate floor vote
MEDIA ADVISORYFOR PLANNING PURPOSESMay 24, 2023 Contact: Shana DeClercq | shana@fossilfreeca.org | (415) 376-3746 After passing Senate Appropriations, SB252 is the “climate bill that could.” Tremendous momentum for California, the world’s sixth…
Read moreCalifornia’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 moreCalifornia public pension divestment bill building momentum; passed Senate Labor and Judiciary Committees
SACRAMENTO | Today, SB 252 – a widely-supported bill for CalPERS and CalSTRS to phase out fossil fuel investments – is expected to pass its second Committee hearing in the California State Senate at the Senate Judiciary Committee.
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