Huntington Beach Mayor and congressional candidate Debbie Cook is a prominent environmentalist and pointedly warns that fossil fuel supplies are limited and will become ever-scarcer in years to come, with drastic consequences. She has spoken around the world as an environmental expert, calling a heavy reliance on oil and other fossil fuels dangerous in the long term.
But at the same time, she has invested in oil companies like Exxon-Mobil and Royal Dutch Shell, according to economic interest forms filed March 25 with the City Clerk that council members must fill out.
Cook said it was old news about long-disclosed retirement accounts, and she dismissed the idea her investments might be hypocritical, saying that the government retirement fund CalPERS had heavy investment in oil as well. She said oil companies weren’t the problem; it was people’s overdependence on a resource with a shrinking supply.