Published 2 years ago

Fossil Fuel Investments Are Burning California Pensioners

Summary by Ground News

California’s two biggest pension funds have invested a staggering $43 billion in fossil fuel companies. Their opposition to divesting from the industry — including fighting legislation that would have stopped them investing in firms involved with the controversial Dakota Access Pipeline — has cost retirees and taxpayers billions, research shows.

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dailyposter.com

Fossil Fuel Investments Are Burning California Pensioners

California’s top investment funds have resisted divestment and funneled big money into fossil fuel firms like those behind Dakota Access — costing public workers billions.

2 years ago

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