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Public commenters urge Select Committee to press WSIB for transparency and fossil-fuel divestment
Summary
Multiple public comment speakers urged the committee to call for stronger transparency from the Washington State Investment Board (WSIB) on fossil fuel holdings and to adopt a net-zero transition plan for state investments, citing climate financial risk and published coal-investment tallies.
Several members of the public used the committee’s public-comment period to press for clearer reporting from the Washington State Investment Board and for a stronger plan to remove fossil-fuel holdings from state investment portfolios.
Retired state Representative Mary Lou Dickerson urged the committee to require stronger transparency from WSIB, saying the board’s staff and the global coal exit list produce “very different estimates” of coal exposure. “The board uses a list developed by MSCI, [which] counts companies with 60% or…
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