California Urges Complicated Coal Divestment – ValueWalk Premium
Coal Divestment California

California Urges Complicated Coal Divestment

California Urges Complicated Coal Divestment By Tom Gray, Lauren Kline & Frank Nash - FactSet

Earlier this year, California's Insurance Commissioner Dave Jones requested that insurance companies in the state ramp down their investment in thermal coal. Under the proposal, California-based insurers with written premiums over $100 million nationwide (and those managing their assets) were asked to divest in any company that generated 30% or more of its . . .

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