CalSTRS Avoids Discussing Losses, Bungles Public Participation at First Virtual Public Meeting

Teachers, Youth, and Allies Demand Answers on Plummeting Fossil Fuel Investment Returns At its first public meeting since the state’s shelter-in-place order and the stock market’s recent collapse, CalSTRS’ Investment Committee met via Zoom and ignored calls for discussion of catastrophic losses incurred by continuing to invest in fossil fuels. The nation’s second-largest pension fund…

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Watch This Video and Tell CalSTRS to Divest

California teachers and retirees: Did you know that $6 billion of your pension fund is invested in fossil fuel companies? Let’s stop financing climate change. Watch this video and tell CalSTRS to Divest! #YourTeacherHasHomework #DivestCalSTRS #GoFossilFree

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CalSTRS divestment: An apple for the teacher

On Wednesday, June 8, Fossil Free California and our allies came together for a silent demonstration at the CalSTRS headquarters in West Sacramento. As CalSTRS staff and board members entered the meeting room for the open session of the Investment Committee, we all lined the walls, holding red posterboard apples (“for the teacher”), each apple…

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Science teachers support divestment

by Heather MacLeod The California Science Education Conference was held October 2–4 in Sacramento, sponsored by the California Science Teacher’s Association, and Fossil Free California was there. Two volunteers from 350 Sacramento, Jaime Gonzalez and Megan Elsea, joined me at our table in the exhibit hall, and we asked science teachers to sign our divestment petition. We talked…

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CalSTRS rally for teachers and students

On June 12, the Fossil Free California rally at CalSTRS headquarters drew 50 protesters, an extraordinary number for an 8:15 am gathering on a weekday in West Sacramento. Thanks to the organizational efforts of Jane Vosburg, FFCA CalSTRS coordinator, people came from all over Northern California. Among them were many active and retired teachers who wanted…

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Teachers' unions support divestment

by Carlos Davidson California, famous worldwide for its leadership on climate change, is making big news in fossil fuel divestment, and it is doing it with some surprising union support. The California Senate recently approved a bill calling on its two massive public employee pension funds to divest their holdings in coal companies. Two unions representing…

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