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To: Cinthia Sledz and OPERS Board of Trustees

Divest OPERS from Fossil Fuels!

**The Ohio Public Employee Retirement System should immediately freeze any new investments in fossil fuels, and divest from direct ownership and any commingled funds that include fossil fuel public equities and corporate bonds within 5 years.

Why is this important?

Our Retirement Fund management has a responsibility to divest from an industry that’s destroying our future, and reinvest in solutions to climate change. Scientists have set 350ppm as the safe upper limit of carbon dioxide in our atmosphere. We are already past this critical limit at 400ppm.

We can not count on the federal government, even as extreme weather events like the massive deadly tornadoes that struck Oklahoma this spring overwhelm local budgets. 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.

The bottom line is this: divestment is the only moral choice for trustees who care about their fellow citizens. Solving the climate crisis is the only practical choice for trustees who care about their solvency. It's time to divest from fossil fuels now!

Ohio

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Updates

2017-05-07 17:38:41 -0400

25 underskrifter nådda

2014-09-29 05:45:55 -0400

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