by Adam Ashton, Sacramento Bee
Gov. Gavin Newsom on Friday signed an executive order to leverage the might of California’s $700 billion public pension funds and the state’s purchasing power as a highway builder in a campaign to reduce greenhouse gas emissions.
Newsom’s order caps a week in his administration fought with Trump administration over the state’s authority to regulate greenhouse gas emissions through the California Air Resources Board, and in which the $83 billion University of California Retirement Plan announced that it would divest from fossil fuels.
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