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Commissioner tomas. Commissioner engardio. Present. Thank you, we have a quorum. Call item number 2. Item number 2, communications, we welcome the publics participation during Public Comment. There will be an opportunity for general Public Comment at this meeting and there will be an opportunity to comment on each discussion or action item on the agenda. Each comment is limited to 22 minutes. Public comment will be taken inperson and remotely by call in. For each item, the board will take Public Comment for people attending the meeting remotely. Comments or opportunities to speak during the Pu...

There will be an opportunity for general Public Comment at this meeting and there will be an opportunity to comment on each discussion or action item on the agenda. Each comment is limited to 22 minutes. Public comment will be taken inperson and remotely by call in. For each item, the board will take Public Comment for people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone calling 4156550001, excess code 26611, 4307349 then pound and pound again. When calling youll hear the meeting discussions, when your item of interes...

I am joined by a distinguished panel of nextgeneration experts. Please help me welcome luka, an assistant director at the Atlantic Councils center for strategy. Sissy martinez, Program Manager and Research Associate for the center of Strategic International studies in russia, europe and eurasia program. And krista, a Program Officer with the transatlantic and Defense Program and the center for european policy and analysis. Thank you for joining us. Before we begin, a few housekeeping things for you guys. This is on the record. We will leave time for audience questions. For virtual participants...

I do believe the riskiest fossil fuels are easily identifiable youve gotten rid of some of them already. And there are others that can be done in a more immediate fashion. And in how many weve sold in the thermal area, what, Nine Companies . Right. Restricted. Okay. Thats what were looking to build on right now. How many people have come to you and said, weve divested and we made a mistake . Or we wanted to slow it down, if we had a chance to resell . Walk me through none of our signatories whatever divestment theyve done. Its important to differentiate. If you divest from all fossil fuels and...

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 ...