skip to main content
skip to newscasts

Wednesday, June 18, 2025

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Israel announces wave of strikes on Tehran after Trump demands Iran's unconditional surrender; NYC mayoral candidate Brad Lander arrested at immigration court; Federal bill would dim rooftop solar's future, says Michigan CEO; Despite known Iowa nitrate risks, EPA focuses on fluoride; Georgia's Macon-Bibb County launches justice reform plan.

view newscast page
play newscast audioPlay

Trump's big budget and policy act faces pushback from clean energy advocates and small businesses. A federal court weighs legality of deploying the California National Guard over the governor's objections. And ICE detains a New York mayoral candidate.

view newscast page
play newscast audioPlay

EV charging stations are harder to find in rural America, improving the mental health of children and teachers is the goal of a new partnership in seven rural states, and a once segregated Mississippi movie theater is born again.

CA climate-change groups press for fossil-fuel divestment

play audio
Play

Tuesday, June 11, 2024   

State lawmakers are considering a bill which would require two public pension systems to pull about $15 billion in combined investments from the fossil-fuel industry by 2031.

Senate Bill 252 would affect the California Public Employee Retirement System, called CalPERS, and the California State Teachers' Retirement System, or CalSTRS.

Sen. Lena Gonzalez, D-Long Beach, a co-sponsor of the bill, said divestment is a moral imperative.

"We cannot leave our kids with climate risks," Gonzalez emphasized. "I see the impacts every day. I see the pollution in my neighborhood, the asthma and respiratory illnesses, all of it."

CalPERS' governing board opposes the measure, arguing its first responsibility is to maximize returns and the companies would find other, less socially conscious investors. Last November, CalPERS released a summary of a plan to move the portfolio toward net-zero by 2050, where carbon emissions from investments are evenly balanced with carbon reductions.

The bill has passed the state Senate and is now before the Assembly Committee on Public Employment and Retirement.

Gonzalez argued it is fiscally irresponsible to invest pension funds in companies such as Exxon, Chevron, BP and ConocoPhillips, calling them some of the state's largest polluters.

"It's a volatile commodity," Gonzalez pointed out. "We know that it's also on its way to being divested across the globe. We don't want to leave pensioners with these stranded assets and horrible risks financially down the road."

Hawaii, Massachusetts, Maine, New Jersey, New York, Oregon, and Vermont are among the states already moving to divest their pension funds or are considering legislation to do so.


get more stories like this via email

more stories
Nutrient management planning has been around for more than 30 years, traditionally developed for farmers by private sector farm co-ops and agronomists. (Adobe Stock)

Environment

play sound

A new effort is helping Wisconsin farmers protect water quality in their communities by learning more about how to prevent manure and fertilizer spill…


play sound

More than 70,000 Marylanders are student parents, raising kids while attending college full or part-time and proposed cuts in this year's big budget …

Social Issues

play sound

Advocates for homeownership in Oregon are celebrating a new bill which sets targets to boost the state's homeownership rate, currently at 64%…


Medical organizations said the effects of Alzheimer's are projected to rise in states like South Dakota and families should be more in tune with potential issues facing their loved one, including money management. (Adobe Stock)

Social Issues

play sound

June is Alzheimer's and Brain Awareness Month and new research examined the connection between dementia and awareness about money management skills…

Social Issues

play sound

Colorado, already considered a national leader in workforce development, is aiming to raise the bar even higher. Gov. Jared Polis recently issued an …

Health and Wellness

play sound

Gov. Greg Abbott has until June 22 to sign or veto Senate Bill 3, which would ban consumable THC products in Texas. Banning items like vapes and …

Social Issues

play sound

A case with national implications on the power of the U.S. president to use state National Guard troops to quell protests now rests with a panel of …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021