Teacher Pension Funds Investing In Chinese Coal Industries

October 31, 2007 | Filed Under coal

We hope that by posting on this seminal story, first encountered on the Cincinnati Enquirer, more teachers will investigate whether they, prospectively like members of the Texas Teacher’s Union, may be dependent in their old age on the perversity of pension funds invested in Chinese coal: mining, shipping, and utilities. The thought of teacher pension funds going into Chinese coal plants is as bad, if not worse, than investing them in toys made with lead paint. One can not possibly argue that the US should take a global lead in mitigating against climate change, regardless of what China does, and allow this situation to go without remedy. We suppose that plenty of other climat…