daniel fischel
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IN RESPONSE | Colorado’s PERA shouldn’t bank on the future of oil and gas
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RE: “Fossil-fuel divestment only would make things worse for hard-pressed PERA,” Aug. 7: By adopting a fossil-free portfolio strategy as has been urged, the Colorado Public Employees’ Retirement Association (PERA) would be doing right by its 560,000 members, ensuring steadier investment returns as the oil and gas industry faces continued uncertainty and decline. In a…
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Fossil-fuel divestment only would make things worse for hard-pressed PERA
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The debate over fossil fuel divestment is nothing new in Colorado. Across college campuses in the state, activists have pushed for schools to rid their endowments of fossil fuels holdings, calls which both the University of Colorado and the University of Denver have resisted due to the steep financial costs it would impose. Now we…
