The California Energy Transition

The California Energy Transition

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The California Energy Transition
The California Energy Transition
Bill Requiring Fossil Fuel Divestment for Public Retirement Systems Introduced
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Bill Requiring Fossil Fuel Divestment for Public Retirement Systems Introduced

Feb 07, 2023
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The California Energy Transition
The California Energy Transition
Bill Requiring Fossil Fuel Divestment for Public Retirement Systems Introduced
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On January 30, 2023, Senator Lena Gonzalez introduced SB 252, which would prohibit the boards of the California Public Employees’ Retirement System (CalPERS) and the State Teachers’ Retirement System (CalSTRS) from making new investments or renewing existing investments of public employee retirement funds in a fossil fuel company. The bill would require…

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