Posts tagged Climate Action Campaign
32 Knowledge Tracker How New York’s Democratic Socialists Brought Unions Around to Public Renewables
June 20, 2023 // ince they did not initially have access to state-level union leaders, the DSA organizers started by building relationships with local utilities unions across the state. Public Power New York recruited hundreds of volunteers to help steer the victories of numerous DSA-endorsed state legislators in 2020 and 2022. One successful candidate was climate organizer Sarahana Shrestha, now a state assemblymember from the Hudson Valley. She unseated her long-tenured Democratic primary opponent, in part, by highlighting his opposition to the BPRA. The bill began to move in Albany in a real way when unions outside of the utilities sector, like the New York State United Teachers, the New York State Nurses Association, and the Service Employees International Union, endorsed the bill. Once the bill passed the state Senate in the summer of 2022, the utilities unions took a more serious interest in the plan. The BPRA’s labor provisions include prevailing-wage assurances and require that all the NYPA’s renewable projects include collective-bargaining agreements for every employee, including contractors and subcontractors. These agreements must be in place before work can start on a project. The law creates a $25 million just-transition fund to retrain fossil fuel–sector workers who could lose their jobs, and specifies that union leaders must be consulted in this process. It also prioritizes hiring these retrained workers for the NYPA’s renewable projects.
Biden set for first veto on Senate bill opposing climate-friendly investing
March 2, 2023 // President Biden is expected to issue the first veto of his presidency after the Senate passed a bill Wednesday that would revoke a Labor Department rule allowing the managers of the agency’s vast retirement funds to use climate-oriented and social criteria when making investments. The Senate passed the measure after Sens. Jon Tester (D-Mont.) and Joe Manchin III (D-W.Va.) crossed party lines and joined the Republicans, providing the key pieces of the 50-46 majority needed. Both senators are up for reelection next year in heavily Republican states. Four senators abstained. The House passed the bill on Tuesday. The measure takes aim at big asset managers who often use criteria that they believe are crucial for building a portfolio that can withstand changes, especially climate changes, over the coming years. These criteria are known as ESG — environmental, social and governance — and have become sensitive political and cultural touchstones, with critics calling them evidence of “woke” financial institutions.