California Gov. Signs Bill Mandating Coal Divestment for CalPERS, CalSTRS
California Gov. Jerry Brown on Thursday signed SB 185 into law; the measure forces the two state pension funds – CalSTRS and CalPERS – to begin selling their stakes in companies that earn a majority of their revenue from coal mining. The funds have until July 1, 2017 to divest entirely from such companies. More … Continue reading California Gov. Signs Bill Mandating Coal Divestment for CalPERS, CalSTRS