Commentary: California’s pension funds are wrecking the planet and losing billions. It’s quite a trick
by Bill McKibben, Los Angeles Times
Jul 03, 2023
3 minutes
I remember, more than a decade ago, sitting down with a financial executive from the Church of England in a plush London office. The organization I co-founded, 350.org, had just launched its fossil fuel divestment campaign, and we were encouraging the Anglicans to join in, on the grounds that Exxon et al were helping to run Genesis in reverse. He looked at us, shook his head and explained that he had a much better route: “Engage” with the oil companies to get them to change their practices.
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