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Joint Committee: Finance; Environmental Protection and Energy

Monday, March 21, 2022 · 2:00 PM AM · Chicago, Illinois

TL;DR

The Joint Committee discussed and recommended passing an ordinance that would limit the city's investments in companies owning coal, oil, and gas reserves. This change suggests the city is moving towards more environmentally conscious financial practices.

Key Decisions

  • Municipal Code Amendment on Energy Company Investments Recommended to Pass

Agenda

  1. Attendance
  2. 1 Amendment of Municipal Code Section 2-32-515 regarding City investments in coal-, oil- and gas reserve-owning companies
    Ordinance
    Action: Recommended to Pass

    The Ordinance was Recommended to Pass.