Exxon – California Globe

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Delayed Until Next Year

July 5, 2023 1:56 pmJuly 5, 2023 1:56 pm

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was delayed until next year earlier this week, giving time to both build...

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Moves To Senate

May 19, 2023 2:28 amMay 19, 2023 2:29 am

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was passed in the Senate Appropriations Committee Thursday, with the bill next going...

Bill To Force CalPERS, CalSTRS Divestment from Fossil Fuel Investments Passes Second Committee

April 19, 2023 12:34 pmApril 19, 2023 12:34 pm

A bill to phase out fossil fuel investments in the California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS) state public pension funds was passed in the Senate Judiciary Committee Wednesday, with the possibility growing that...

Investors Should Reject the Woke Nonsense of ESG funds

May 10, 2022 6:13 amMay 10, 2022 6:15 am

This essay is adapted from an earlier piece that ran in The Rubin Report, investment advisors for political conservatives. Investment decisions should be based solely on maximizing the individual investors’ returns. Unfortunately, investors have unwittingly or unwillingly fallen prey to...