San Francisco State University has voted to stop investing its endowment in coal and tar sands companies, joining a growing list of universities that have decided to stop investing in fossil fuels.
Activists fighting climate change and the oil companies persuaded a San Francisco Board of Supervisors committee to move forward with a resolution Wednesday for the city’s retirement fund to divest from fossil fuel investments.
San Francisco Supervisor John Avalos introduced resolutions earlier this week urging the retirement board of the San Francisco Employees’ Retirement System to divest more than $1.9 billion away from firearm and fossil fuels companies over the next five years.
A California watchdog group says the state’s clean energy strategy will saddle ratepayers with soaring utility bills unless officials act soon to organize state energy agencies.
Nearly 100 bicyclists were baring all this morning as they gathered along San Francisco’s Embarcadero for the ninth annual San Francisco World Naked Bike Ride to protest a global dependency on fossil fuels.