Posts by Sandy Emerson
Promises, Promises: Evaluating CalPERS’ Climate Engagements
This report looks at CalPERS’ proxy voting patterns and companies’ reports on greenhouse gas emissions to determine the effects of engagement. The report concludes that engagement alone is unlikely to convince fossil fuel companies to transform at the speed and scale required.
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 moreCalPERS Still Holds $8.5 Million in Thermal Coal Producers
IMMEDIATE RELEASE7am EST, Monday, March 15, 2021Contacts: Miriam Eide, miriam@fossilfreeca.org, 507-923-6346Sandy Emerson, sandy@fossilfreeca.org, 650-743-0524 Sacramento, California — The California Public Employees Retirement System still holds $8.5 million in thermal coal producers that were mandated to be excluded by SB 185, a 2015 state law on thermal coal divestment. SB185, the 2015 Public Divestiture of Thermal…
Read moreEnjoy PHOTO ARK Exhibit & Show Your Love for the Planet
Fossil Free California loves the planet – and we know you do, too. That’s why you’re invited to Show Your Love for The Planet – a fundraising event for Fossil Free California and our youth activist allies. Come see acclaimed photographer Joel Sartore’s amazing National Geographic Photo Ark exhibit (ends February 14) and celebrate Fossil Fuel Divestment…
Read moreFinancial Risk of CalPERS’ Fossil Fuel Assets
Clair Brown’s advanced economics students at UC Berkeley released a report detailing three factors contributing to CalPERS’ financial risks and the societal costs of fossil fuel asset ownership.
Read moreMoney Talks: Climate Finance Summit at the David Brower Center
Tuesday, September 11, 2018 David Brower Center 2150 Allston Way, Berkeley CA 94703 Free and open to the public. Fossil Free California and partners present a day of discussion on how “money talks” in our transition to a healthier planet. The Climate Finance Summit, an affiliate event of the Global Climate Action Summit, has three sessions…
Read moreUpcoming Bay Area Events: Fossil Free Around the Bay
Upcoming bank walk and “Move Your Money” divestment events around the Bay Area. Learn how to break up with your megabank, decarbonize your portfolio, and the latest developments in Marin County’s groundbreaking lawsuit against Big Oil.
Read moreSFERS Finally Takes Up Fossil Fuel Divestment
After a number of delays, and following well behind the wake of New York City’s recent divestment announcement, the San Francisco Employees Retirement System (SFERS) will take up the question of fossil fuel divestment on January 24. As the posted notice says: “The Retirement Board will conduct a special meeting to hear the fossil fuel divestment…
Read moreThis Week: Support 100 Percent Clean Energy for California
Let’s go for 100 percent! Tell your Assembly member to vote “yes” on SB 100.
Read moreDivest CalPERS
Since CalPERS is the largest public pension fund in the U.S., getting CalPERS to divest from fossil fuels has been a key goal of Fossil Free California (FFCA) since we began. In 2015 FFCA worked hard to help pass SB185, the state legislation that requires both CalPERS and CalSTRS to divest from thermal coal. Now we…
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