Alameda County is the first county to divest from genocide and implements Ethical Investment – $32 million divested from Caterpillar.
Alameda County Board of Supervisors voted unanimously to divest from corporations that are guilty of human rights abuses, environmental destruction, and systemic oppression by Hank Pellissier, Dec 12, 2024. https://www.indybay.org/newsitems/2024/12/12/18871425.php
Alameda County divests from company that sells bulldozers to Israeli militaryhttps://oaklandside.org/2024/12/12/alameda-county-divestment-caterpillar-israel-war-gaza/
“The county’s sale of Caterpillar bonds — essentially loans — amounts to $32 million out of the county’s $9 billion in funds it invests. This money is mostly tax revenue belonging to the county, school districts, and some special districts and it is invested in numerous government and corporate bonds to preserve and grow its value before it’s spent.”
Apparently Caterpillar stock has dropped by nearly $20 since Tuesday! Email: bayareadivest@gmail.com to find out how you can bring divestment to your city or county.
Educate. Organize. Mobilize.
Noura Khouri
