January 24, 2018

350.org Responds to San Francisco Retirement Board Meeting on Divesting from Fossil Fuels

San Francisco, CA — Following today’s meeting of the San Francisco Retirement Board about divesting the city’s pension fund from fossil fuels, 350.org Executive Director May Boeve gave this response:

“Doubt and delay is Big Oil’s strategy — it shouldn’t be replicated by those meant to represent us. Climate change will not pause so San Francisco’s public officials can take another year or two to gather up their nerve.”

 350 Bay Area Senior Policy Analyst Jed Holtzman gave this response:

“Sadly the San Francisco Board just asked staff to study risky assets and develop engagement plans with fossil fuel companies, rather than taking action on divesting. Given past performances, it’s very unlikely anything meaningful will arise from today. The fight continues to divest San Francisco.”

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Contact: Dani Heffernan, dani@350.org, +1 (305) 992-1544

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