Maine has become the first US state to pass statewide legislation to divest from fossil fuels. LD 99, “An Act To Require the State To Divest Itself of Assets Invested in the Fossil Fuel Industry,” was signed late Wednesday by Governor Janet Mills (D-ME). A divestment plan is now required by 2026.
Maine divests from fossil fuels
The new law directs the $17 billion Maine Public Employee Retirement System to divest $1.3 billion from fossil fuels within five years and directs the Treasury to do the same with other state funds.
The $17.6 billion Maine Public Employee Retirement System currently has more than $1.3 billion invested in fossil fuel companies, including dozens of publicly traded companies such as ExxonMobil and Chevron. About $850 million of the investments in oil and gas companies and utilities are through private equity investment funds.
Eloise Vitelli (D) the majority leader of the Maine Senate, said in a statement to Reuters on June 9:
Fossil fuel industries are simply not as stable as they once were, so a move toward divestment makes both financial sense and supports our overall renewable energy goals.
If Maine can divest responsibly and thoughtfully, there are no more excuses for any other pension fund and legislature in the USA. It is past time for every other public pension to address the mounting climate risk in their portfolios by holding onto fossil fuel investments. These are a ticking time bomb and fiduciaries must act.
According to Maine Youth for Climate Justice, momentum to divest pension and government funds is growing, as both New York City and New York State have recently moved to divest from fossil fuels, and Minnesota dropped coal stocks last year. More than 1,300 institutions with $14 trillion in assets have also committed to some form of fossil fuel divestment.
A woman has told Sky News that Russell Brand made her feel “vulnerable and intimidated” – and alleges he refused to call her a taxi until she performed a sex act.
It comes as new allegations continue to emerge about the comedian’s behaviour, as another organisation cut ties with him.
Sarah, whose name has been changed, claims she met Russell Brand on an aeroplane where he “seemed friendly and charming”.
He invited her for breakfast and a walk after the flight and she agreed to travel in his limousine.
“He changed,” she says, “like he wasn’t friendly and charming in the limo. He was aggressive and I felt very vulnerable and intimidated.”
She describes Brand “jumping” on her.
“The limo driver was turning around a few times because I was saying no, but he ripped a hole – more than one hole – in the tights that I was wearing,” she says.
Sarah says they drove straight to Brand’s house where they had consensual sex.
“I mean, it was consensual. I didn’t say no,” she said, “but I feel like there’s a fine line between being forced and being coerced, you know, like being in a situation where the only way out is just to get it over and done with and leave.”
She claims Brand then refused to call her a taxi until she performed oral sex on him.
“I wanted to leave and I said, ‘I need to get a taxi’. And he said, ‘I’m not going to get you a taxi until you do this’, which was a sex act.”
She describes feeling “really trapped” and wanting to “scale that house.”
Sky News has reached out to Russell Brand’s representatives for comment.
Speaking on his Pod Save The UK podcast, Kumar said: “This stuff is still happening, there are still people working in comedy who are the subject of open secrets.
“There are still people who work in comedy that we can’t name because again, of the threat of lawsuits. And there are still people working in comedy who people will say, ‘Oh, we don’t send young women into their dressing room’.”
The 38-year-old added: “Now at that stage for me, you should be sacked from that job. If you can’t have someone be around young women, they have no place in any kind of workplace.
“The tolerance of it is something that we are going to have to actually have a reckoning with.”
More on Russell Brand
Kumar, who previously hosted The Mash Report and Late Night Mash – said he first heard about Brand’s alleged wrongdoings in mid-2017, and that “from that point onwards it was well known”.
He said it went on to be discussed by multiple comedians at the Edinburgh Fringe Festival in 2018.
However, he said the “very specific and serious allegation” against Brand that he had first been made aware of was not one that was discussed in the Channel 4 Dispatches programme which aired at the weekend.
For that reason, Kumar said he thinks “it is possible that there’s more allegations to come”.
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Pointing to Brand’s diminishing TV work in the UK after 2019, Kumar said: “That’s simply because increasingly people were just not willing to work with him. Everyone was afraid to talk about it because of the threat of lawsuits, you know?
“And so, the only power people had was to withdraw participation from shows involving Russell Brand.”
Abuse of power is an industry wide problem
He said as a comedian working in the industry, he too felt a sense of “guilt” and “complicity”.
Kumar said: “Watching it as a cisgendered, heterosexual male comedian, you feel a certain sense of guilt and a certain sense of complicity because you’ve been working with production companies and producers who are providing an infrastructure that allows predators to thrive.”
He said the “indulgence” of top talent was “an issue that cuts across all of the industries,” and which needed to be addressed.
Kumar concluded: “The only people to come out of this with anything approaching any credibility are the victims who have been brave enough to step forward and the journalists who have worked extremely hard to produce rigorous pieces of journalism so that they could get around the threats of a very powerful man’s lawyers.”
Cloud died of a lethal mix of methamphetamine, fentanyl, cocaine and benzodiazepines, the Alameda County Coroner’s Bureau confirmed to Sky News’ partner network NBC News.
Following his death, Cloud’s mother said on social media that she believed her son “did not intend to end his life,” and said he had been talking about his plans for himself and his family in the hours before he died.
His family also spoke about his battles with mental health, saying, “we hope that his passing can be a reminder to others that they are not alone and should not fight this on their own in silence”.
The actor had been mourning the death of his own father from mesothelioma (a type of cancer) and had travelled to Ireland to bury him the week before his death.
Cloud was best known for playing the drug dealer Fezco opposite Zendaya on hit teen drama show Euphoria.
He was working in a restaurant in Brooklyn, New York, when he was scouted for his first acting role by Euphoria’s casting director.
Following his death, Euphoria creator Sam Levinson said: “There was no one quite like Angus. He was too special, too talented and way too young to leave us so soon. He also struggled, like many of us, with addiction and depression.
“I hope he knew how many hearts he touched. I loved him. I always will. Rest in peace and God Bless his family.”
:: Anyone feeling emotionally distressed or suicidal can call Samaritans for help on 116 123 or email firstname.lastname@example.org in the UK. In the US, call the Samaritans branch in your area or 1 (800) 273-TALK.