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California pensions should divest coal assets -state senate leader

2014-12-17 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: California pension plans would divest all assets related to the coal industry under a measure the leader of the state senate said he will propose to reduce support for an industry that critics blame for contributing to climate change. Senate President Pro Tem Kevin de León said on Monday he would introduce a bill that would require state pension plans to divest from coal assets. He had just returned from United Nations talks in Lima, Peru on international efforts to fight climate change. At the...

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