climate finance Archives - Fossil Free California

Governor Newsom Will Sign SB 253, SB 261, Advancing the Climate Accountability Bill Package

By Shana DeClercq | September 19, 2023

In a surprise move Sunday, California Governor Gavin Newsom announced his intention to sign Senate Bills 253 and 261, groundbreaking climate legislation, advancing the suite of bills announced jointly in January as the Climate Accountability Bill Package. Senate Bill 252, the third bill in the package, now a two-year bill, is poised to clear the Assembly in 2024.

Financial Risk of CalPERS’ Fossil Fuel Assets

By Sandy Emerson | July 8, 2019

Cover of Report on Financial Risk of Fossil Fuel Assets for CalPERS

Clair Brown’s advanced economics students at UC Berkeley released a report detailing three factors contributing to CalPERS’ financial risks and the societal costs of fossil fuel asset ownership.