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Letters to the Editor: Fossil fuels must be phased out. How does investing in them make financial sense?

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? ....

United States , William Prezant , California State Teacher Retirement Board ,

Letters to the Editor: Fossil fuel divestment doesn't make sense for retirees or the climate

A State Teachers' Retirement Board member says that divestment is too blunt an instrument for working toward a net-zero investment portfolio. ....

United States , Margaret Baker Davis , Bill Mckibben , William Prezant , Big Oil , California State Teacher Retirement System , California State Teacher Retirement , California Public Employee Retirement System , California Teacher , Senate Bill , Baker Davis , Climate Change , Fossil Fuel , Public School Teachers , Bill Mckibben , Los Angeles Times , Huntington Beach , Investment Portfolio , Allenj Schaben , California State Teachers ,

CalSTRS' board opposes state bill to divest from fossil fuels

CalSTRS' board voted to oppose a California bill that would require the pension plan to divest from fossil fuel investments by July 1, 2027. ....

United States , West Sacramento , Tony Thurmond , Bettyt Yee , William Prezant , Judiciary Committee , California Senate , Retirement Committee , California Public Employee Retirement System , California State Teacher Retirement System , Public Employment ,