In August the Treasurer of West Virginia announced that Goldman Sachs, JP Morgan, and Wells Fargo would be barred from government contracts with West Virginia.
The reason? Those banks are reducing their investment in coal.
Louisiana and Arkansas have pulled investments from BlackRock, an investment managing firm they believe is too focused on environmental issues. Republican state treasurers have organized to pull investments from companies they regard as too “woke” on the environment.
These officials ignore droughts, floods, species extinction, and costs to agricultural as long as they can make a political statement.
This planet is doomed.
See David Gelles, “G.O.P. Treasurers Work to Thwart Climate Actions,” New York Times, (August 6, 2022), p. A1, A16.
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