As used in ORS 293.798 to 293.803:

1. (1) “Clean energy” has the meaning given the term “nonemitting electricity” in ORS 469A.400.
2. (2) “Company” means any sole proprietorship, organization, firm, association, corporation, utility, partnership, venture, public franchise, franchisor, franchisee or its wholly owned subsidiary that exists for profit-making purposes or otherwise to secure economic advantage.
3. (3) “Investment” means the commitment of funds or other assets to a company, including a loan or other extension of credit made to the company, or the ownership or control of a share or interest in the company or of a bond or other debt instrument issued by the company.
4. (4) “Subject investment funds” means the Public Employees Retirement Fund.

5. (5) “Thermal coal company” means a company, or a parent or subsidiary of a company:

   1. (a) That derives at least 20 percent of its annual revenue from thermal coal production;
   2. (b) That accounts for more than one percent of global production of thermal coal; or
   3. (c) Whose reported coal reserves contain more than 0.3 gigatons of potential carbon dioxide emissions.
6. (6) “Urgewald Global Coal Exit List” means the list of coal industry participants identified by the Urgewald organization.

Note: 293.798 to 293.803 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

[2024 c.79 §1]