Texas Republicans Bear Down on Wall Street Over Its Embrace of Climate Policies
Texas State Comptroller Glenn Hegar is demanding that more than 140 financial firms disclose their climate policies and whether they restrict or prohibit doing business with energy companies. This follows a first round of inquiries sent last month to 19 companies, including BlackRock and JPMorgan Chase. His goal is to compile a list of companies that, under Texas law, are deemed to be “boycotting” the fossil-fuel industry. Firms that end up on the list will face restrictions on doing business in the state.
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