WV Bill Passes to Shut Off Banks Refusing to Fund Fossil Energy

In January a new Senate bill was introduced in the West Virginia Senate requiring the entire state government, all of the various state agencies and governmental departments, to stop doing business with any bank or investment firm that refuses to support coal, oil, and natural gas companies (see WV Bill Bans Using Banks, Investment Cos that Divest Fossil Fuels). We are delighted to report that Senate Bill (SB) 262 passed both the WV Senate and the House and now sits on Gov. Jim Justices' desk, waiting for his signature (almost certain to happen).

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