STATE NEWS

GOP lawmakers accuse investment firms of breaking a law that prohibits divesting from oil and gas

At a senate committee hearing in Marshall, Texas Republican lawmakers accused investment firms of pulling back on fossil fuels, running afoul of a 2021 law that prohibits the state from contracting with or investing in companies that “boycott” oil, natural gas and coal companies.

By Alejandra Martinez, The Texas Tribune
Posted 12/17/22

Republican lawmakers are interrogating investment companies for their shift to climate-friendly portfolios that recommend state employees and retirees cut ties with companies funded by fossil fuels. …

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