

Financial Reasons to Divest from Fossil Fuels
Earlier this year a group of concerned citizens presented to the Piedmont City Council on reasons for the city to urge CalPERS to Divest from fossil fuels. While there are many ethical and environmental arguments to consider, as a fossil fuel free portfolio manager, I was asked to speak to the council about the economic risks at hand. As a founding signatory for the Divest-Invest movement, I have been quite vocal about the choice to divest from fossil fuel companies as a sign