WV Ends Business with 5 Banks Guilty of Boycotting Fossil Fuels

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Boom! The hammer has dropped on five of six companies identified by West Virginia as engaging in “boycotts of fossil fuel companies.” In June, WV State Treasurer Riley Moore sent a letter to six big banks/investment firms alerting them they are about to be added to the state’s “blacklist” for violating policies by not investing or doing business with fossil fuel companies (see WV Threatens 6 Banks for Breaking State Anti-Fossil Fuel Law). All six protested, begging WV not to blacklist them, which would end WV from doing business with them (see Big Banks Object to Being Outed by WV as Fossil Energy Haters). The verdict is in, and five of the six have been found guilty and remain on the blacklist.

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