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Tag: climateinvesting

US Politics

CalPERS' $60 Billion Climate Gambit: A Betrayal of Transparency and Fiduciary Duty

CalPERS announced a landmark $60 billion investment in climate solutions, yet its opaque strategy includes billions in fossil fuel companies and fails to outline credible criteria. This dangerous lack of transparency and integrity threatens pensioners' financial security and undermines the urgent fight against climate change.