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This act requires that a municipal public fund create a list of fossil fuel companies that match specific criteria, divest all holdings from the companies on this list over a 3-year period, and reinvest funds in socially responsible investments that satisfy prudent person standards. This act also requires investment offerings for participant-directed retirement funds that are devoid of holdings in fossil fuel companies. This act also urges divestment action from fiduciaries of local government investment pools and that credit agencies factor climate risks into their ratings of publicly held companies.
A resolution declaring the intent of a city that does not invest in stock to refrain from investing in fossil fuel companies in the future.
A resolution urging divestment, if the City does not control the Pension Board and does not otherwise invest in fossil fuel stocks.
A resolution to divest a city holding fossil fuel stocks from publicly-traded fossil fuel companies.
A resolution declaring the intent of a city without fossil fuel investments to refrain from investing in fossil fuel companies in the future.
Decisions made by local governments play a significant role in California's demand for natural resources and the associated pollution, air emissions, and waste from use of those resources. One important way local governments can reduce their impact on human health and the environment is through green procurement, or environmentally preferable product (EPP) purchasing programs. By weighing not only the purchase price of a product but also its full lifetime cost, green procurement policies can help local governments save money, create local green jobs and improve overall sustainability in their day to day operations.
The power of local governments to pass laws that protect the health, safety and welfare of their citizens is waning and under increasing attack. Over the past four years, a historic number of local interference (preemption) bills have been filed and passed in state capitals across the country. Over time, these bills, crafted to strip local governments of their power to act on everything from fracking bans to anti-discrimination measures, have become wider in scope and more hostile to home rule. More industries and special interest groups now consider preemption a legislative imperative, including the oil and gas industry and groups opposing LGBTQ rights.
Bringing a grocery store into an underserved neighborhood not only makes fresh produce and other healthy food more accessible, it can provide livingwage jobs, raise the value of surrounding property, and anchor and attract additional businesses to the neighborhood. A wide range of public, private, and nonprofit organizations work to support projects - like grocery store development - that help build a healthy economy. This guide is designed to help advocates and public health agencies coordinate and leverage tools available through local government and other organizations to bring healthy food options into low-income communities. Economic development refers to a range of activities that help build and sustain a healthy economy.
Local governments can promote healthy eating and active living in their communities by supporting local farmers' markets. Local farmers' markets provide fresh produce to community residents, support small farmers, serve as community gathering places, and revitalize community centers and downtown areas.
Since fall 2012, colleges, churches and cities have been leading robust discussions and moving to divest their holdings in the fossil fuel industry. Inspired by these actions, individual investors also have been moving their money out of coal, oil and gas companies.