Free Republic 3rd Qtr 2020 Fundraising Target: $88,000 Receipts & Pledges to-date: $43,785
49%  
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Keyword: teachersfund

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  • CA: Treasurer calls on teachers fund to divest Chinese energy holding (Phil Angelides)

    12/02/2005 4:11:05 PM PST · by NormsRevenge · 3 replies · 336+ views
    ap on Bakersfield Californian ^ | 12/2/05 | Tom Chorneau - ap
    SACRAMENTO (AP) - The state pension fund for teachers should sell its $24 million investment in PetroChina Co. following a massive chemical spill at one of the company's plants in northeastern China, state Treasurer Phil Angelides said Friday. Angelides said the firm was slow to respond to the Nov. 13 disaster, which contaminated the drinking water supply for nearly 4 million people. He said the company also has ties to the Sudanese government, which has been accused of human rights violations. "It is clear that PetroChina's activities demonstrate significant environmental risks, human rights violations and ethical liabilities that present too...