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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (74720)	2/7/2017 12:02:14 PM
From: miraje	1 Recommendation Recommended By Brumar89 Respond to of 86356

By the time these morons agree on divesting, the pipeline (already 95% complete) will be built. I feel sorry for any normal people still living in the loony toon State of CA.. finance.yahoo.com ...Legislation proposed in California would require CalPERS, a $300 billion fund, to divest from companies involved in the building and financing of the 1,168-mile-long underground pipeline project, which would affect an estimated $4 billion in CalPERS holdings, according to staff... ...In order to comply with the legislation, CalPERS would have to sell off shares in the pipeline builder Dakota Access LLC and Energy Transfer Partners <ETP.N>. In addition, the bill calls for divesting from the banks financing the $3.78 billion project. Those banks include Bank of America <BAC.N>, Wells Fargo <WFC.N>, JPMorgan Chase <JPM.N>, and Citibank <C.N>...