Press Releases

Media Advisory: Senator Lena Gonzalez to Host Press Conference Announcing Introduction of Fossil Fuel Divestment Bill to Advance California Climate Goals

February 16, 2022

Sacramento, Calif. – On February 17, 2022, Senator Lena A. Gonzalez (D-Long Beach) will host a virtual press conference announcing a new bill in her legislative package for the 2022 legislative session. Senator Gonzalez will discuss her bill on fossil fuel divestment, a bill that seizes the momentum of the worldwide divestment movement and continues…

Media Advisory: Youth, Teachers, Labor Leaders and Financial Experts Debate CalSTRS’ Fossil Fuel Investments at Sustainability Symposium

February 10, 2022

FOR IMMEDIATE RELEASE For the first time ever, the California State Teachers’ Retirement System (CalSTRS)* met publicly with advocates of fossil fuel divestment at a virtual Sustainability Symposium on Wednesday, February 9th from 4:00-6:30 PM PST. Speakers included CalSTRS staff, investment professionals, teachers, and climate activists. Nalleli Cobo of Los Angeles shared her experience growing…

Media Advisory: CalSTRS to Go Head to Head with Divestment Advocates at Sustainability Symposium

February 7, 2022

FOR IMMEDIATE RELEASE For the first time ever, the California State Teachers’ Retirement System (CalSTRS) is engaging publicly with advocates of fossil fuel divestment. Sacramento State’s College of Continuing Education Consensus and Collaboration Program will be hosting a virtual Sustainability Symposium on Wednesday, February 9th from 4:00-6:30 PM PST. Speakers at the symposium will include…

Santa Monica Youth Call Out CalSTRS’ Harry Keiley

August 13, 2021

### On August 14th at 10 AM on the Third Street Promenade in Santa Monica, youth from all over Los Angeles will be demonstrating against the California Teachers’ Retirement Association (CalSTRS) investing billions of dollars into fossil fuels. CalSTRS is the 2nd largest pension fund in the U.S., managing over 300 billion dollars and serving…

CalPERS Still Holds $8.5 Million in Thermal Coal Producers

March 18, 2021

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…

Faculty Association for California Community Colleges (FACCC) Endorses Divestment

October 16, 2020

FOR IMMEDIATE RELEASE: Contact: Miriam Eide – miriam@fossilfreeca.org – 507-923-6346 Faculty Association for California Community Colleges (FACCC) Endorses Divestment joining a growing movement urging CalSTRS to move its money out of fossil fuels Sacramento, CA – FACCC, an advocacy group for community college faculty, is the latest teachers’ professional association to call on the California State…

If CalPERS Divested from Coal, Why Does It Still Have $6.5B Invested?

September 14, 2020

FOR IMMEDIATE RELEASE September 14th, 7am EST Contacts: Miriam Eide, miriam@fossilfreeca.org, 507-923-634                 Sandy Emerson, sandy@fossilfreeca.org, 650-743-0524                 Vanessa Warheit, vwarheit@gmail.com, 415-225-4435 If CalPERS Divested from Coal, Why Does It Still have $6.5B Invested? Report Finds Nation’s Largest Pension Fund Remains Heavily Invested in Coal, Possibly in Violation of California Law  Sacramento, California — A new report…

California Teachers Deliver Scathing Climate Report Card To CalSTRS Retirement Fund

September 1, 2020

FOR IMMEDIATE RELEASE Contact: Vanessa Warheit, vanessa@fossilfreeca.org 415-225-4435 or Miriam Eide, miriam@fossilfreeca.org, 507-923-6346 California Teachers Deliver Scathing Climate Report Card To CalSTRS Retirement Fund Amidst Multiple Climate Disasters, Nation’s Second Largest Pension Fund Receives Failing Grades on “Climate Competence” West Sacramento, California — Returning to school amidst a pandemic and multiple climate disasters, public school…