Environmental coalition asks for divestment, greater transparency. The Oregon State Treasury has at least $5.3 billion invested in fossil fuels, according to a report released this week by an environmental coalition calling for full divestment from the fossil fuels industry. According to the report, which was released by Divest Oregon on Wednesday, the state’s investment in fossil fuels — including oil, coal and gas — exceeds its investment in renewable-energy sources by $500 million. The Treasury, led by Tobias Read, manages $140 billion of the state’s investment portfolio.