The Oregon State Treasury has at least $5.3 billion invested in fossil fuel companies, a coalition of environmental groups said in a report Wednesday that blamed the state for adding to global warming and urged divestment.
Oregon is considered a “green” state, through its goal of reducing greenhouse gas emissions by state agencies and being the first state to commit to stop using coal-fired power. Yet the state treasury is working at cross-purposes with over $1 billion invested in the coal industry alone, Divest Oregon said in its report.
