Tag Archives: Maryland

Johns Hopkins Finance Professor Jeff Hooke Wary of Montgomery County Divestment Bill

In a recent column in The Montgomery County Sentinel, Jeff Hooke, a finance professor at Johns Hopkins University, commented on a debate that has taken root in Maryland’s Montgomery County – divestment of the employee pension fund from fossil fuel investments.

In a bill presented to the Montgomery County Council, the employee pension fund is under threat for being politicized by opposition groups who seek to have their green agenda fulfilled through divestiture measures. Ironically these actions do not … Read More

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Office of the County Attorney to Montgomery County Council: The Divestment Bill is Unlawful

Known for being a leader in green projects, the Montgomery County Council (the Council) has unfortunately taken their leadership powers a step too far. As discussed recently, the Council has announced its intentions to review proposed legislation on divesting its employee pension fund from fossil fuels. Despite being an inappropriate project in which the Council should not be spending time and resources on, this action is a blatant politicization of a fund that serves as the livelihood for retirees in … Read More

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