Texas' Law Banning State Investment in Companies That Boycott Fossil Fuels Draws Interest Elsewhere

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A Texas law that bans state pension funds from investing in businesses that take a leftist stance on fossil fuels is spreading to other states.

, an online watchdog, calls the group a “corporate-funded” way for global corporations and state politicians to rewrite laws in ways that often directly benefit huge corporations.

“We really are just sort of a forum for discussing these particular ideas,” Trotter said. “It’s my understanding that legislators and other states picked it up and have been introducing it, but we haven’t been involved at all.” “I know in the past we’ve brought up wind, we’ve brought up solar. There have been model resolutions about hydrogen,” Trotter said. “There was a resolution supporting the preservation of the existing nuclear fleet, energy market access, electric vehicle charging stations — you name it, we’ve probably done something on it.”

 

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