It should be obvious by now that fossil fuel companies have no real plans to change in response to the climate crisis. AdvertisementIt’s alarming to see the extent to which fossil fuel industries have captured institutions responsible for slowing climate change. Instead of propping up and legitimizing fossil fuel companies, we ought to be stigmatizing them as morally repugnant for continuing to add fuel to a house that’s on fire. That’s one reason California lawmakers need to pass legislation to divest California’s two big pension funds, CalPERS and CalSTRS, from the biggest fossil fuel companies. Remaining frenemies with fossil fuel companies in the naive hope they will see the light on climate change is a losing proposition for humanity.

Source: Los Angeles Times July 26, 2023 08:09 UTC