Posted on 09/17/2019 8:04:27 PM PDT by Olog-hai
The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds, calling them a financial risk.
An opinion article in Tuesdays Los Angeles Times says UC will make its endowment fund fossil free by months end and its pension fund will soon follow. The pension fund covers 320,000 people.
(Excerpt) Read more at apnews.com ...
To not be hypocritical, they should dump fossil fuels. The professors can ride around on donkeys. No A/C or heat. Only light is candles, made by hand... etc
They’ve probably been looking for an excuse to invest in the marijuana industry anyway.
I had to stop halfway through this excerpt and double check that it was not from the Babylon Bee. lol
not good enough, make the Entire Campus free of Fossil Fuels, require ALL Students and Faculty to Abstain from Any and All products that use Fossil Fuels, then we might have something.
You hit the nail on the head.
84 BILLION???
As well managed as the CalPERS dough, I reckun.
But all the schools including universities need more funding, right?
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