Posts Tagged: one-size-fits-all

Divestiture politics roils pensions, investments

Digitally tracking the performance of investment products in the bond market. (Illustration: Vintage Tone, via Shutterstock)

by CHRISTINE SHINGLETON posted 04.11.2019

OPINION: Thanks to Assembly Bill 33, introduced by State Assemblyman Rob Bonta, the California State Legislature will spend time and resources to codify an issue that California pensioners have spoken on before: divesting from high-performing funds for political purposes.AB 33, as written, would require that state retirement systems, namely California Public Employees Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), divest of all investments in private corrections companies and disallow investing in those same companies in the future.

In defense of cap and trade

The power plant in El Segundo, Calif. (Photo: Don Solomon, via Shutterstock)

by MEG ARNOLD and TIM McRAE posted 04.19.2017

OPINION: One of California’s tools in fighting climate change and promoting clean air is the emissions reduction program known as cap and trade. Cap and trade is one part of California’s broader approach to growing clean energy jobs and investment — and it works best in concert with the state’s full suite of policies.