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Politics Driving CalSTRS Pension Investments
Cal Watchdog 
[Opinion] Oct. 7, 2012 "CalSTRS investments in solar power were driven not by desire to earn the greatest return for the system's retiree, but to advance the political cause of renewable energy. Indeed, the pension dollars CalSTRS is risking on the solar-power plants near Sactown almost certainly would earn more over the over the short, medium and long term if it simply was invested in Chevron, the 'supermajor' oil company based in San Ramon, Calif." MORE >> |
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