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

  • 📰 KUT
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 68%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Texas banned 10 financial firms from doing business with the state after the comptroller said they didn't support the oil and gas industry. | via TexasTribune

Texas Comptroller Glenn Hegar said 10 financial firms can no longer do business with any level of state government because they have reduced or ended investments in the fossil fuels industry.

“The environmental, social and corporate governance movement has produced an opaque and perverse system in which some financial companies no longer make decisions in the best interest of their shareholders or their clients, but instead use their financial clout to push a social and political agenda shrouded in secrecy,” Hegar said in a written statement on Wednesday.

The other nine companies banned completely are: BNP Paribas SA, a French international banking group; Swiss-based Credit Suisse Group AG and UBS Group AG; Danske Bank A/S, a Danish multinational banking and financial services corporation; London-based Jupiter Fund Management PLC, a fund management group; Nordea Bank ABP, a European financial services group based in Finland; Schroders PLC, a British multinational asset management company; and Swedish banks Svenska Handelsbanken AB and Swedbank...

The Lone Star Chapter of the environmental group Sierra Club said Hegar’s “climate-denying publicity stunt will be costly for taxpayers.”

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

TexasTribune Looks like Texas' republican leadership is antibusiness!

TexasTribune

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 77. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Texas names 10 companies as boycotters of state's energy industryTexas Comptroller Glenn Hegar on Wednesday announced the names of several financial firms he deems hostile to the state's fossil fuel industry. What happened to small government?
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »

Texas bans local, state government entities from doing business with firms that “boycott” fossil fuelsTexas Comptroller Glenn Hegar singled out financial firms under a 2021 state law that prohibits most state entities from contracting with companies that have reduced or cut investments in the oil and gas industry.
Fonte: KPRC2 - 🏆 80. / 68 Consulte Mais informação »