Posts: Page 32

Sign-on letter to help defund the climate crisis

A handful of banks such as JPMorgan Chase and Wells Fargo are funding the climate crisis by investing in fossil fuel companies and projects like the KXL and DAPL pipelines, fracking, coal mines, etc. 350 Colorado and allies have been working for 3 years to urge our cities to stop banking with these banks, but currently there aren’t many options. So we and other groups around the US have started looking at public banking and/or banking with credit unions as a great alternative that keeps $ local, supporting local priorities (instead of fossil fuel projects).

350 Colorado Statement to the PUC about Xcel’s Rate Increase Request

Nov. 6, 2019 To: CO Public Utilities Commission RE: 350 Colorado statement, delivered by 350CO President Sunni Benoit, regarding Xcel’s 2019 Rate Increase Request Dear Commissioners, I am speaking today as 350 Colorado’s Board President and on behalf our 18,000+ members statewide to urge you, as you consider Xcel/PSCo’s recent rate increase proposal, to seize this moment to move Colorado forward effectively toward a clean renewable energy future, so that Coloradans can benefit from the significant cost savings, cleaner environment, better health and safer climate that will result.

Pension Funds, Including Colorado’s PERA, Lost Billions by Not Divesting from Fossil Fuels, New Studies Show

COLORADO: Colorado’s Public Employees Retirement Association (PERA), which manages the pensions of half a million current and former state employees, and California state pension funds CalSTRS and CalPERS lost over $19 billion in returns by not divesting from fossil fuel stocks ten years ago, according to new analyses performed by media and analysis firm Corporate Knights.