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In 2024, former Oregon state Treasurer Tobias Read proposed achieving net zero emissions for the state's public employees retirement fund by 2050. The Climate Resilience Investment Act, signed by Gov. Tina Kotek, mandates the Oregon Treasury to seek profitable clean energy investments and reduce fossil fuel holdings in the $100 billion fund. A recent Oregon State Treasury report indicates a 50% decrease in investment climate intensity from 2022 to 2023, with investments in renewable energy, EV charging, carbon credits, and battery materials rising to $2.4 billion by June 30, 2025.