A bill to get Oregon State Treasury to pause new pension investments in private assets and equity funds that are invested in fossil fuel companies received hundreds of letters of support this week, and one powerful letter of opposition.
, the Pause Act, would put a five-year moratorium on new private equity investment made with Public Employees Retirement System, or PERS, funds, if more than 10% of the private equity fund is invested in fossil fuel companies or heavy users.
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