DIVESTING FROM FOSSIL FUELS
Here are two motions that will help LA move away from its investments in the fossil-fuel industry.
19-1577 LACERS Investments/Climate Risk (Blumenfield/Bonin), fact sheet is here (City Council passed this December 2, 2020, but if you have the capacity, please go ahead and chime in anyway—this is just the beginning, and it would be great to have your NC on record)
20-0492 City Insurance Policies/Fossil Fuel (Blumenfield/Bonin), fact sheet is here (City Council passed this unanimously March 3! Thank you to the following NCs: Arroyo Seco, Arts District Little Toko, Eagle Rock, East Hollywood, Greater Wilshire, Los Feliz, Northwest San Pedro, Sherman Oaks, Silver Lake, Sunland-Tujunga, Wilshire Center Koreatown.) Read more about our win here.
We want to thank Insure Our Future, the San Fernando Valley Chapter of Climate Reality, and SoCal 350 Climate Action for their leadership and partnership on this effort!
Updated March 10, 2021
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