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Impact of fossil fuel usage. Second, the committee is encourages by the sixpoint recommendation for taking action on this topic, but would like to request more information regarding specific timelines for each of the action items lefted in the staff plan. The committee would like to communicate their grave concern regarding the possibility of a mass divestment of fossil fuels within a short time frame. The committee would advocate that the board undertake no such rash action until completing a complete analysis of the Financial Impact the effect it would have on pension performance and costs. We appreciate and understand the desire to divest from fossil fuels from different entities, but we must understand the implications of such a decision before its made. Sorry. Time. Thank you very much. Again, everyone has 1 minute. Were going to announce loudly when you are at your 1minute mark. Understand the constraints we have. Sara gre ....
That we double up in this category then . You are a consultant. You are giving us advice for now and in the future. So if you believe its going to go up, why was that not in the recommendation that came before the board . Everybody in this room needs to understand that you hold securities in two places. You give them to managers and those managers make the decision on if the security is attractively valued or not. As a consultant, why dont you recommend us investing more money in the field if you think its going to go up . Were not recommending adding Additional Energy to the portfolio unless a manager hired to make that recommendation determines that thats what they should do. Were arguing that you dont take away that choice from them. The figures i quoted to you do not embed an expectation that Energy Prices will increase. What they do embed is taking energy away diversif ....
Melanie louis . I have worked for the city and Health Department the last 30 years, last 18 years in the emergency department. I want to ask all of you to do the right thing. We, who benefit from our pension, dont want our pension money invested in evil. Fossil fuel is evil. Its hurting its hurting what will be left of our planet for our grandchildren and i encourage all of you to vote to divest all of our money from fossil fuels. C. Landry and Carol Brownson after that. I decline to speak. Ruth magony. I worked in the library for the city for 40 years, worked hard for my retirement. Over the last four years, ive been doing research on fossil fuels and investments and though Nelson Mandela said, well, everything that you gave up in the best things from south africa, somebody else picked up, it was still powerful enoug ....
Would have on pension performance and costs. We appreciate and understand the desire to divest from fossil fuels from different entities, but we must understand the implications of such a decision before its made. Sorry. Time. Thank you very much. Again, everyone has 1 minute. Were going to announce loudly when you are at your 1minute mark. Understand the constraints we have. Sara greenwald, are you present . Seeing shes not here. I will set her speaker card aside. Phil casky, followed by margaret pierce. Phil casky, retired from the Water Department. I think i want to say briefly the Water Department is an incredibly wonderful system. Its one of the most protected systems in the world. And we didnt get that way by being unprotective of the environment. So burning fossil fuels is not protective of the environment. And i would like to keep the water system the way it is an ....
Johnson and russ feingold. That is followed by joe heck and Catherine Cortez debating for the nevada u. S. Senate. Watch complete coverage on cspan listen on the cspan radio app. Donald trump says he is not pulling out of the president ial race despite calls by some to do just that after comments he made in the video were made public yesterday. The nominee said today that he had tremendous support and he wa would never withdraw. Well, other republicans continue to express disapproval. Kelly ayotte announced she will not be voting for mr. Trump. In a witten releas written release, she governor mike pence was scheduled to attend a conference today, but there are reports that he has canceled the appearance. It is taking place in speaker paul ryans district. We will take you there live at 3 30 eastern on cspan. The second president ial debate is sunday night in st. Louis, missouri. Watch live coverage at 7 30 eastern for a preview a ....