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

California pension fund divests from coal as industry rebounds

August 07, 2017 01:46 PM