A view of California Public Employees’ Retirement System (CalPERS) headquarters in Sacramento, California, U.S. February 14, 2017. REUTERS/Max Whittaker/File Photo California’s top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition. Staff of the California Public Employees’ Retirement System (CalPERS) said the plan will boost returns for the $444 billion system, the largest in the U.S., plus cut in half its portfolio’s “emissions intensity,” a measure of emissions relative to output. “We believe there’s a full opportunity set coming a
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