The California Legislature passed a law compelling CalPERS to divest from the coal in 2015 when the industry was struggling. Today, coal companies are rebounding and CalPERS does not have a stake in them.
The California Legislature passed a law compelling CalPERS to divest from the coal in 2015 when the industry was struggling. Today, coal companies are rebounding and CalPERS does not have a stake in them. Nati Harnik Associated Press file photo, 2014
The California Legislature passed a law compelling CalPERS to divest from the coal in 2015 when the industry was struggling. Today, coal companies are rebounding and CalPERS does not have a stake in them. Nati Harnik Associated Press file photo, 2014

The State Worker

Chronicling civil-service life for California state workers

The State Worker

California pension fund divests from coal as industry rebounds

August 07, 2017 1:46 PM

Comments

Videos

About This Blog


The Sacramento Bee launched The State Worker blog in 2008 to cover state government from the perspective of California government employees. Every day The Bee filters the news through a single question: "What does this mean for state workers?" Subscribe to alerts on state pay, benefits, pensions, contracts and jobs at sacbee.com/newsletters. Twitter: @TheStateWorker.