On Friday, June 12th, we gathered at the CalSTRS headquarters in Sacraments from all over! Members of 350 Sonoma County, Fossil Free California, Raging Grannies, 350 Sacramento, 350 East Bay, Unitarian Church of Oakland, and more! We held a peaceful demonstration in front as members of the CalSTRS investment committee and other staff members drove in. We spoke in the public comments portion of the investment committee meeting, as we have for the past year.
We continued to urge CalSTRS (California teachers retirement fund) to divest its billions from fossil fuels, to protect our children and their children from the effects of climate change that is happening within ALL our lifetimes. And we urged CalSTRS to protect our retired California teachers from STRANDED ASSETS from the ever increasing costs of fuel extraction (drilling in the Arctic, for pete's sake!) competing against the ever-decreasing production costs and increasing financial returns of renewable energy. We continue to urge CalSTRS to drop its foot-dragging engagement which abets the constant stalling and the disastrous disinformation campaign of greedy fossil fuel industries bent on bloated profits at the expense of our children and children's children's future.
Yesterday "An Inconvenient Billionaire" Tom Steyer spoke before the investment committee pointing out the numbers and trends that prove investment in fossil fuels and a policy of engagement are a fools' errand both morally and financially.
About 50 of us came together this time - which we count as a great success. We happily greeted old friends in the movement for climate action or made new ones. This is just the beginning of our working together. We are only beginning to come together to fight for our children and our children's children's future!