"The state of Oregon should divest from the fossil fuels industry to protect both the environment and its investments, three Oregon lawmakers said Wednesday as a new study put the level of that investment at $1.8 billion or more. “The Oregon Treasury, which manages $130 billion of the state’s investment portfolio, is invested in oil, gas, and coal companies responsible for our climate emergency,” Reps. Khanh Pham, Paul Holvey and Jeff Golden said in a column published in The Oregonian/OregonLive, the state's largest newspaper."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Oregon lawmakers push for state divestment from fossil fuels, will introduce bill in 2022 session, Andrew Selsky, The Associated Press, Dec 8, 2021
https://en.wikiquote.org/wiki/Fossil_fuel_divestment
Revision History
No revisions have been submitted for this quote.
Categories
Fossil fuel divestment
22 quotes on TrueQuotesView all quotes by Fossil fuel divestment →
Related Quotes
"We see this as both a moral imperative and an economic opportunity."
"I think this is part of a process of delegitimising this sector and saying these are odious profits, this is not a le…"
"This Agreement [...] aims to strengthen the global response to the threat of climate change, [...] including by [...]…"
"It is clear the transition to a clean energy future is inevitable, beneficial and well underway, and that investors h…"
"Reasonably, all these investments are financial dead-ends or ecological disasters."
"We need to rapidly shift away from our dependence on fossil fuels. [...] Nothing less than our future and the fate of…"
"The Vatican urged Catholics on Thursday to disinvest from the armaments and fossil fuel industries and to closely mon…"
"The UK government’s overseas development bank has bowed to calls to end fossil fuel financing abroad by promising to …"
"The decision to curb support follows an exodus of major institutional investors from the coal industry in recent year…"
"The logic of divestment couldn't be simpler: if it's wrong to wreck the climate, it's wrong to profit from that wreck…"