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States Promise to Protect Oil and Gas Industry From ‘Woke’ Banks

by WND
November 23, 2021
in Finance
States promise to protect oil and gas industry from 'woke' banks

By Thomas Catenacci
Daily Caller News Foundation

A coalition of 15 states announced a commitment to scrutinize future business with banks that divest from the fossil fuel industry.
The coalition of top state financial officers, formed by West Virginia State Treasurer Riley Moore, collectively represents more than $600 billion in public assets under management, according to the announcement. The officials wrote a letter to banking industry leaders Monday, warning that they would begin considering institutions’ boycotts of fossil fuel companies before awarding state contracts.“Reckless attacks on law-abiding energy companies cut off paychecks for workers and take food off the tables […]

Read the rest of this story here: www.wnd.com

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