NEW BRIEF: CalPERS’ Political Agenda Puts Taxpayers and Retirees at Risk with Low Returns, Higher Unfunded Liabilities
SACRAMENTO – CalPERS – which adheres to a politicized Environmental, Social, and Governance (ESG) agenda – is generating lower returns in its investment strategies compared to a more typical investment strategy, finds a new brief released today by the Pacific Research Institute, a non-partisan California-based free market think tank. CalPERS generated a 10-year average annual return of 7.1% through June 30, 2023. By comparison, PRI’s research shows that a typical diversified investment portfolio of 60 ...
Read a Christmas wish for California's farmers
A farmer’s ag policy Christmas wish
Early this year, the 2022 Census of Agriculture was released by the USDA. The data was alarming. California lost 7,387 farms in five years. That works out to be 1,477 farms and ranches a year; 28 a week; four a day. More staggering was the land in farms lost. Between 2017 and 2022, 332,197 acres of land was taken out of farms and ranches. That is an area of land about half the size of ...
Read the latest on Gov. Newsom's green mandates
Biden Greenlights California’s Unworkable Green Car Mandates on Way Out the Door
As expected, the Environmental Protection Agency granted on Dec. 17 permission for California to go outside of federal law. California and other states need exemptions from the EPA to enact stricter air quality standards than those set by the 1970 Clean Air Act. And the Biden White House is clearly eager to let the states do as they wish. “The EPA plan underscores how President Joe Biden is racing to Trump-proof his climate legacy before leaving office ...
Trending Topics
Studies
