CalPERS: Stop Fueling Our Destruction
Join Fossil Free California, 350 Sacramento, Oil & Gas Action Network, and Third Act Sacramento for an action and call-in at the CalPERS Investment Committee's November meeting!
Tell the CalPERS Board to STOP:
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losing our hard-earned pension money by investing in fossil fuel companies.
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holding on to investments that add fuel to the fire – literally – as fires, drought, floods, air pollution, and killer heat overtake us.
- buying new fossil fuel industry bonds--long-term investments that fund new oil infrastructure and lock us in to the carbon economy for decades to come.
- materially supporting an industry that collaborates with the Trump administration to gut environmental regulations, poison communities, and undermine democracy.
Despite the oil industry's recent attempts to profiteer from the war in Iran at our expense, the industry is still a loser compared to investments in the rest of the market. On top of that, as taxpayers, we subsidize the fossil fuel industry. Eliminating just one tax loophole would bring in $75 million to $146 million annually. And California pays about $400 billion each year to deal with the impact of climate disasters.
So please join us on November 16, 2026, in Sacramento in person or on the phone to speak truth to power.
Available on weekdays? Join us at 9 am for coffee, bagels, and an orientation before we head to the auditorium at CalPERS headquarters, 400 Q Street, Sacramento, CA 95811.
Current state worker? You can comment by phone without taking the day off work! Sign up here, and we'll send you tips on preparing a short phone comment--and we'll watch the agenda and text you when it's time to call in.