LOS ANGELES—A Senate bill to have the Public Employees’ Retirement System and the State Teachers’ Retirement System divest from fossil fuels was supported by the Los Angeles City Council on April 5.
The council passed a resolution, introduced by Councilman Paul Koretz, to support Senate Bill 1173, which was introduced by Sen. Lena Gonzalez (D- Long Beach) and Sen. Scott Wiener (D-San Francisco).
