CalPERS, Divest from DAPL!

The California Public Employees Retirement System (CalPERS), California’s giant pension fund, owns a major chunk of Energy Transfer Partners, the company building the fracked-oil Dakota Access Pipeline through the Standing Rock Sioux sacred lands in North Dakota. As of December 8, CalPERS owns 1,064,034 shares worth $36.8 million. In addition, CalSTRS, the schoolteachers’ retirement fund, owns debt securities (bonds) worth $28.7 million.

California retirees shouldn’t be investing in this pipeline — investing in the destruction of their children's future. The pipeline is intended to carry fracked crude oil from North Dakota’s Bakken shalefields through North and South Dakota, Iowa, and Illinois. In the process of construction, Energy Transfer Partners has already damaged numerous sacred sites and would drill under the Missouri River, the sole drinking water source of the Standing Rock Sioux Tribe. The Army Corps of Engineers denied the permit to drill under the Missouri, but we expect the incoming Trump administration to ram the project through — if investors like CalPERS and CalSTRS keep backing this foolhardy project.

If CalPERS and CalSTRS don’t voluntarily divest, the California legislature will consider a bill, AB20, to require divestiture by 2018. So the smart money is on getting out of a climate-destroying project early.
These pension funds are overseen by boards that include union and public officials, including California Treasurer John Chiang and Controller Betty Yee. They are directly accountable to the people of California and have a responsibility to all people to make ethical and responsible investments.
Add your name now!

To California State Treasurer John Chiang, California State Controller Betty Yee, and the other board members of CalPERS and CalSTRS:

Divest fully from the Dakota Access Pipeline companies!

 

30,805 signatures

Who's signing

Emily Cooney
Marion McHenry
Norberto Colón
Rachel Newcomb
Terrence Quinn
angelo sturino
jennifer Hedman
Rachel Girshick
Ken Ryan Ryan
Lucille Gervase
Fred Sokolow
Alexander Desantiago
Maria Hennessy
Mary L De Luca, MD
Julian Gorgonu
Jeanne Baldwin
cameron quilhot
Julee Mead
Burton Callicott
Clifford Anderson
doug sloan
Susan Stein
elizabeth bergman
David Rayls
Pam Kmiec
Gayle Voeller
Andrea O'Shea
joe ziolkowski

Showing 28030 reactions

  • Emily Cooney
    signed 2017-04-13 13:59:33 -0700
  • Marion McHenry
    posted about this on Facebook 2017-04-13 13:56:40 -0700
    @CalPERS, divest from DAPL! @CAController @JohnChiangCA take action! #NoDAPL
  • Marion McHenry
    @MarionMcHenry47 tweeted link to this page. 2017-04-13 13:56:37 -0700
  • Marion McHenry
    signed 2017-04-13 13:56:10 -0700
    I AM SICK OF THE WAY UNITED STATES AS ALWAYS TREATED NATIVE AMERICANS!!! REMEMBERTRAIL OF TEARSWHEN THEY MARCHED YOUNG, OLD, PREGNANT WOMEN FROMFLORIDA TO (RESERVATIONS) ALL THE WAY OUT WEST??? DEFUND DAKOTA PIPELINE!!!!!!!!!!
  • Norberto Colón
    signed 2017-04-13 13:49:45 -0700
    Luz Z. Colon
  • Rachel Newcomb
    signed 2017-04-13 13:43:09 -0700
    Rachel Newcomb
  • Terrence Quinn
    signed 2017-04-13 13:42:37 -0700
  • angelo sturino
    signed via 2017-04-13 13:23:41 -0700
    Let the USA show respect for the native -Indians , their history, culture, and land…..
  • jennifer Hedman
    signed 2017-04-13 13:20:00 -0700
  • Rachel Girshick
    signed 2017-04-13 13:10:40 -0700
    SAVE THE PLANET!

    NO MORE AEROSOL SPRAYING OF NANO ALUMINUM, ETC.

    NO MORE IONOSPHERE DISTORTION W/WIFI
  • Ken Ryan Ryan
    signed via 2017-04-13 13:09:24 -0700
    It may be financially advantageous to consider pulling out of petroleum stocks earlier rather than later, for the health of the fund.
  • Lucille Gervase
    signed 2017-04-13 12:58:34 -0700
  • Fred Sokolow
    signed 2017-04-13 12:52:24 -0700
    Fred Sokolow
  • Alexander Desantiago
    signed 2017-04-13 12:36:50 -0700
  • Maria Hennessy
    signed 2017-04-13 12:20:28 -0700
  • Mary L De Luca, MD
    signed 2017-04-13 12:20:16 -0700
  • Julian Gorgonu
    signed 2017-04-13 12:18:56 -0700
  • Jeanne Baldwin
    signed 2017-04-13 12:16:56 -0700
  • cameron quilhot
    signed 2017-04-13 12:05:02 -0700
  • Julee Mead
    signed 2017-04-13 11:55:31 -0700
  • Burton Callicott
    signed 2017-04-13 11:48:53 -0700
  • Clifford Anderson
    signed 2017-04-13 11:44:15 -0700
  • doug sloan
    signed 2017-04-13 11:39:19 -0700
    doug sloan
  • Susan Stein
    signed 2017-04-13 11:34:42 -0700
  • elizabeth bergman
    signed 2017-04-13 11:24:03 -0700
  • David Rayls
    signed 2017-04-13 11:17:26 -0700
    David rayls
  • Pam Kmiec
    signed 2017-04-13 11:16:14 -0700
  • Gayle Voeller
    signed 2017-04-13 11:13:14 -0700
    Gayle Voeller
  • Andrea O'Shea
    signed 2017-04-13 11:10:58 -0700
  • joe ziolkowski
    signed 2017-04-13 11:08:43 -0700