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A public pension official decried the push to divest from Big Oil. A reader responds: What sense does it make to invest in companies that must be phased out?
A State Teachers' Retirement Board member says that divestment is too blunt an instrument for working toward a net-zero investment portfolio.
CalSTRS' board voted to oppose a California bill that would require the pension plan to divest from fossil fuel investments by July 1, 2027.