![Wind turbines generate electricity off of Indian Avenue north of Palm Springs. As more Californians consider pivoting to green investment portfolios, a state bill that would have forced the state’s largest pension funds to divest from fossil fuels will not get a floor vote. (File photo by Rodrigo Pena, Press-Enterprise/SCNG)
Wind turbines generate electricity off of Indian Avenue north of Palm Springs. As more Californians consider pivoting to green investment portfolios, a state bill that would have forced the state’s largest pension funds to divest from fossil fuels will not get a floor vote. (File photo by Rodrigo Pena, Press-Enterprise/SCNG)](https://www.pressenterprise.com/wp-content/uploads/2023/07/OCR-L-CLEANENERGY-1021-02.jpg?w=520)
Under the proposal, two giant pension funds would have been required to remove assets of large oil and gas companies by 2031 and halt any new investments by 2024.
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