Remember early last week when the city of Seattle voted to #DeFundDAPL? That was amazing, and it did more than move one progressive city’s money – it is inspiring dozens of cities to answer the call to align public monies with public values.1
We’ve got our sights set on the next big targets: California’s giant public pension funds – California Public Employees Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS).
California’s pensions own a major chunk of Energy Transfer Partners, the company building DAPL.2 Just as Trump’s Army Corps moves to expedite the pipeline over the legal and spiritual objections of Indigenous peoples at Standing Rock, the board of CalPERS is voting at a public meeting tomorrow, Monday February 13th, on whether to support a plan to divest from DAPL.
This is our chance to score another huge victory for Divestment and to #DeFundDAPL – but we need you to speak up.
Currently, CalPERS and CalSTRS oppose divestment, but we’ve heard that before. Unlike most investors in DAPL, these public pension funds are legally required to listen to the public. And that gives us a huge opportunity, if we seize it.
Vanessa, Drew and the DivestInvest Individual team
1 – http://www.ecowatch.com/seattle-divest-wells-fargo-dapl-2247604233.html
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