The City of Santee should immediately freeze any new investments in fossil fuels and divest from direct ownership in any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.
Why is this important?
The City of Santee should be looking into what is best for the public good. What is best for public good is halting climate change. They have a responsibility to divest from an industry that’s destroying our future, and reinvest in solutions to climate change.
Even as extreme weather events like continual drought and wildfires that just keep getting worse threatening to overwhelm local budgets, federal inaction to solve this crisis is all but stalled. We have the solutions, but we won’t see any political progress on the issue until we can weaken the power of the fossil fuel industry.
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