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Fossil fuel divestment bill passes California Senate

The California Senate passed a bill overnight prohibit the United States' two largest public pension funds from investing in the world's top 200 fossil fuel companies and require them to divest any existing holdings by 2030.

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Read more: CalPERSCalSTRSFossil Free CaliforniaBlackRockCalifornia Fossil Fuel Divestment ActCJ Koepp