Richard Brooks’ Post

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Climate Finance Director at Stand.earth | Board Director Change Course | Climate Movement Builder

CalPERS and CalSTRS —collectively representing $780 billion and 2.5 million members—must act on their fiduciary duty and responsibly phase out fossil fuel holdings. Good read here from my colleague Lindsay Meiman w/ Stand.earth and Shana DeClercq with Fossil Free California . "California taxpayers shouldn’t have to foot the bill for billions of dollars in damages—wildfires wiping out entire communities, toxic smoke clogging our air, deadly heat waves, record-breaking droughts parching our wells. With this lawsuit, California is taking action to hold big polluters accountable and deliver the justice our people deserve." say Governor Newsom. So why are California's biggest pension staying invested in the same companies that their state is suing? #sb252 #divestment Lena A. Gonzalez, MBA #oilandgas https://lnkd.in/gtMf5gbX

Stand.earth - For the people and places you love

Stand.earth - For the people and places you love

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