TX Blacklists BlackRock & 9 Others – State Pension Funds to Divest

This is getting good. In July, West Virginia dropped the hammer and told five Big Banks (investment firms) the state is about to divest and stop doing business with them (see WV Ends Business with 5 Banks Guilty of Boycotting Fossil Fuels). The reason for blacklisting these companies is because they encourage and pressure investors and fund managers to avoid investing in fossil energy companies. Divest the divestors! Texas has just done the same, only Texas has named and shamed ten big financial institutions AND 348 specific investment funds the state will no longer do business with.

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