boycott

Texas bans local, state government entities from doing business with firms that “boycott” fossil fuels

Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Texas banned 10 financial firms from doing business with the state after Comptroller Glenn Hegar said Wednesday that they did not support the oil and gas industry. Hegar, a Republican running for reelection in November, …

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Texas accuses BlackRock of energy company boycott in ESG clampdown

Texas has declared that BlackRock and nine listed European financial groups “boycott” the fossil fuel industry, a designation that could lead state pension funds with billions of dollars under management to divest shares held in the groups. The announcement by Glenn Hegar, Texas comptroller, escalates the campaign against environmental, social and governance investing in Republican-led …

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