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University of California to dump fossil fuel investments
Associated Press ^
 | September 17, 2019
Posted on 09/17/2019 8:04:27 PM PDT by Olog-hai
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1
posted on 
09/17/2019 8:04:27 PM PDT
by 
Olog-hai
 
To: Olog-hai
    The pensioners should be coming for these loons with pitchforks and torches...
 
2
posted on 
09/17/2019 8:08:58 PM PDT
by 
mewzilla
(Break out the mustard seeds)
 
To: Olog-hai
    Others will buy what they sell-off.
 
3
posted on 
09/17/2019 8:09:21 PM PDT
by 
Army Air Corps
(Four Fried Chickens and a Coke)
 
To: Army Air Corps
    And then when the pension fund goes bust, guess who the people running that charlie foxtrot and those pensioners will go to demanding a bailout.
 
4
posted on 
09/17/2019 8:11:25 PM PDT
by 
mewzilla
(Break out the mustard seeds)
 
To: Olog-hai
    Weh..ell you know-o-o
We all wanna change the world...
Shoo-bee-doo-wah, uh-um-shoo-bee-doo-wah...
 
5
posted on 
09/17/2019 8:11:29 PM PDT
by 
Migraine
(ThereÂ’s going to be a serious third-party candidate. Mark my words.)
 
To: mewzilla
    Oh my, maybe they will invest in plastics.
 
6
posted on 
09/17/2019 8:13:21 PM PDT
by 
eyedigress
((Old storm chaser from the west))
 
To: mewzilla
    You are on the right track. They will want to put the tap on everyone else.
 
7
posted on 
09/17/2019 8:15:17 PM PDT
by 
Army Air Corps
(Four Fried Chickens and a Coke)
 
To: eyedigress
    Get woke go broke, yet another example.
 
To: Olog-hai
    Yup, that’ll work. Just plug in them electric cars with power supplied from some battery pack charged by a windmill or solar panel with a back up generator. Oh, dang. Well at least they won’t be using any petro products in other things like tires and dash boards and.......... Damn it. This could be a problem. But hey, UCXXX
 
9
posted on 
09/17/2019 8:18:08 PM PDT
by 
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights.  WTH?)
 
To: rktman
    DUH! Well if they really cared they’d go beyond just their portfolios. Forehead smack!
 
10
posted on 
09/17/2019 8:19:05 PM PDT
by 
rktman
( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights.  WTH?)
 
To: Olog-hai
    Insane...total mismanagement right in plain sight.
 
11
posted on 
09/17/2019 8:19:12 PM PDT
by 
lgjhn23
(It's easy to be liberal when you're dumber than a box of rocks.)
 
To: Olog-hai
    Have to go to school a long time to get that stupid, apparently.
 
To: Freedom4US
    On this large a scale, that stupidity is criminal.
 
13
posted on 
09/17/2019 8:21:41 PM PDT
by 
mewzilla
(Break out the mustard seeds)
 
To: mewzilla
    And one more thing to ponder, all this money will be going somewhere...
Cui bono?
 
14
posted on 
09/17/2019 8:23:49 PM PDT
by 
mewzilla
(Break out the mustard seeds)
 
To: phormer phrog phlyer
    They have pensions to deal with. Gonna be tough.
Not my problem.
 
15
posted on 
09/17/2019 8:24:54 PM PDT
by 
eyedigress
((Old storm chaser from the west))
 
To: Olog-hai
    I can't think of anyone who is more richly deserving of having their pension fund go TU because they invested per their woke political "feeeeeelingssss" than U of C tenured professors...
I hope they enjoy living under a blue tarp, with all their published works in a stolen shopping cart...
BWAHAHAHAHAHA!!!
 
16
posted on 
09/17/2019 9:11:55 PM PDT
by 
jonascord
(First rule of the Dunning-Kruger Club is that you do not know you are in the Dunning-Kruger club.)
 
To: Army Air Corps
    oil companies are among the best dividend-payers in the S&P today
Ewwww! Profits!
These idiots are fully versed in 21st century progressive-fascist crony capitalism. Speculate on some emerging technology, hope it gets government support, and win big if lots of printed Federal Reserve money at zero interest rates pours into it.
 
17
posted on 
09/17/2019 9:19:35 PM PDT
by 
PGR88
 
To: Olog-hai
    Shouldn’t they sell all their cars and turn the heat off?
 
18
posted on 
09/17/2019 9:21:09 PM PDT
by 
bray
(Pray for President Trump)
 
To: Olog-hai
    What could go wrong? The best and the brightest are in charge of being politically correct, even though they deny the PC angle, but his words speak for themselves.
 "That year we were the first public university in the United States to sign onto the U.N.s Principles for Responsible Investing.
 Some might see our action as born of political pressure, or as green movement idealism or perhaps political correctness run amok. So be it; we are part of a university system where diversity of opinion thrives.
 We have chosen to invest for a better planet, and reap the financial rewards for UC, rather than simply divest for a headline."
https://www.latimes.com/opinion/story/2019-09-16/divestment-fossil-fuel-university-of-california-climate-change 
 
To: Olog-hai
    The University of California is dumping fossil fuel investmentsThe University of California are idiots.
 
20
posted on 
09/17/2019 10:16:20 PM PDT
by 
upchuck
(If democrats would stop shooting people gun violence would drop by 90%  ~ h/t Mr K.)
 
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