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Residents urge Santa Clara County to divest from fossil-fuel companies, citing Chevron investment
Summary
Dozens of public commenters at the Hewlett Committee urged the County to adopt the Sustainability Commission's recommendation to stop new investments in fossil-fuel companies and to divest existing holdings, repeatedly citing a reported $15 million holding in Chevron.
Dozens of residents told the Housing, Land Use, Environment, and Transportation Committee on Aug. 21 that Santa Clara County should stop investing public funds in fossil-fuel companies and should divest existing holdings.
The comments centered on a Sustainability Commission recommendation passed May 22, 2025, urging the county to "explicitly exclude new or renewed investments in fossil fuels" from its investment policy. Many speakers said the county still held $15,000,000 in Chevron as of Aug. 11 and said that continued investment makes the county complicit in environmental harm and human-rights…
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